LotsCap

Economy Profile

Hamilton County

  • Indiana State
  • October, 2024
TSAC-CFD-18057

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 26687702
AVG Real Growth (2017-2022)
3.56 %
Unemployment Rate (May, 2024)
3.8 %
Labor Force Size
201890
Number of Businesses
12180
Average Annual Wage
$ 67565

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 26687702
GDP Per Capita
$ 76354
GDP Growth Rate (2022)
4.2 %
Average Growth Rate (2017-2022)
3.56 %
Goods Producing Contribution (%)
12.6%
Service Providing Contribution (%)
81.7%
Goverment Contribution
5.7%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
201890
Labor Force Growth
1%
Unemployment
7695
Unemployment Rate
3.8%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
82.5%
Employment Rate (with Bachelor's Degree)
87.1%
Employment Rate (75+ y.o.)
7.9%
Employment Rate (Black)
70%
Employment Rate (Female)
75.5%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
12180
Number of Employment
161075
Annual Average Wages
$ 67565
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 81612
Service-providing (avg pay)
$ 66806
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 114866
Household Income (Median)
$ 151722
Per Capita Income
$ 56943
Per Capita Income Growth (2010-2022)
47.9 %
Gini Index
0.4390*
Poverty Rate
4.2 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov