Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Amador County | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $81,822 | $96,718 | $78,145 |
| Median Personal Income | $68,027 | $68,943 | $61,726 |
| Average income growth | 5.5% | 6.0% | 5.1% |
| Six-Figure Earners | 12.1% | 16.9% | 13.2% |
The median household income in Amador County is about 15% lower than in California. Income has been growing slower in Amador County (5.5%/yr) than in California (6.0%/yr).
About 12% of adults in Amador County earn six figures ($100,000 or more) a year, lower than the California average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Amador County, California grew by 43.1% from 2009 to 2023, reaching $81,822 in 2023. That's an average of about 5.5% per year.
Economic Inequality in Amador County | Gender Pay Gap | Gini Coefficient
| Metric | Amador County | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.571 | 0.596 | 0.570 |
| Male Median Income | $74,697 | $73,016 | $67,746 |
| Female Median Income | $59,858 | $63,704 | $54,793 |
| Gender Pay Gap | 19.9% | 12.8% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Amador County, it is 0.571, lower than California's 0.596, so income is more evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 25% more than women's income in Amador County, California. Over a 35-year career, a 25% wage gap accumulates to roughly $519,365 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Amador County, California has narrowed from about 32% to 20% in 2023. In dollar terms, the gap has narrowed by $2,767 since 2009.
Employment
| Metric | Amador County | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 6.4% | 5.2% |
| Working from Home | 14.3% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 1,043 people are unemployed in Amador County, California.
The average commute time in Amador County is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Amador County, California has fallen from 15.2% to 6.1% in 2023.
Conclusion
Considering all these factors, Amador County, California has an overall wealth index grade of C, making it about on par with California, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Amador County, California.
How Wealthy Is Amador County, California?
Amador County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $81,822, about 15% lower than the California average of $96,718.
What is the current median household income in Amador County, California?
As of 2023, the median household income in Amador County, California is $81,822.
What was the median household income in Amador County in 2023?
In 2023, the median household income in Amador County, California was $81,822.
What was the median household income in Amador County in 2020?
In 2020, the median household income in Amador County, California was $64,915.
What is the Gini coefficient in Amador County, California?
The Gini coefficient in Amador County is 0.571. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Amador County, California?
Since 2009, the income gap between men and women in Amador County, California has narrowed from about 32% to 20% in 2023. In dollar terms, the gap has narrowed by $2,767 since 2009.