GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Wisconsin

The average income in Wisconsin is around $59,305 per year.

In this post, we will examine the diverse landscape of income statistics in Wisconsin, shedding light on various aspects including household incomes, disparities among different demographic groups, poverty rates, and regional variations across cities. With a plethora of data points from recent years, we aim to provide a comprehensive overview of the economic fabric of Wisconsin as revealed through statistical insights.

Statistic 1

"In 2019, the median household income in Wisconsin was $64,168."

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Statistic 2

"The average income for men in Wisconsin was $51,064 in 2019."

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Statistic 3

"The average income for women in Wisconsin was $41,530 in 2019."

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Statistic 4

"The household income of African Americans in Wisconsin was significantly lower at $29,223 in 2019."

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Statistic 5

"Nearly 10% of the Wisconsin population lives in poverty."

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Statistic 6

"The average personal income in Milwaukee, Wisconsin's largest city, was $30,230 in 2019."

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Statistic 7

"In 2019, there were 276,400 households in Wisconsin with an income of $100K - $149K."

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Statistic 8

"According to U.S. Census data from 2019, 11.8% of households in Wisconsin had income below $15,000"

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Statistic 9

"5.8% of households in Wisconsin had income below $10,000 in 2019."

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Statistic 10

"In 2018, the average retired worker in Wisconsin received about $1,550 per month in Social Security benefits."

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Statistic 11

"The per capita personal income in Wisconsin was $53,480 in 2020."

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Statistic 12

"4.5% of households in Wisconsin had income over $200,000 in 2019."

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Statistic 13

"In 2020, Personal income in Wisconsin increased 4.4%."

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Statistic 14

"As of 2020, Richland in Wisconsin reported the lowest median household income of $43,912."

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Statistic 15

"As of 2020, Waukesha in Wisconsin reported the highest median household income of $85,100."

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Statistic 16

"In 2020, earnings growth in Wisconsin was widespread with 18 of 24 industries reporting growth."

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Statistic 17

"The percent of households with income of $50K - $100K in Wisconsin in 2019 was 35.1%."

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Statistic 18

"The poverty rate in Wisconsin was 9.4% as of 2019, which is below the average US poverty rate of 10.5%."

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The income disparity among different demographic groups in Wisconsin remains a persistent issue, with African Americans and women experiencing significantly lower average incomes compared to men and the overall median household income. Despite this, the state has seen an overall increase in personal income and a relatively low poverty rate below the national average. The range of household incomes in Wisconsin varies widely, with some households earning over $200,000 while others struggle with incomes below $15,000. The data also highlights regional differences, with cities like Milwaukee showing lower average personal incomes compared to cities like Waukesha. Overall, while there is evidence of income growth and varied economic opportunities across different sectors, more efforts are needed to address income inequality and ensure economic stability for all residents of Wisconsin.

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