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 | Azusa | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,322 | $96,718 | $78,145 |
| Median Personal Income | $50,583 | $68,943 | $61,726 |
| Average income growth | 6.0% | 6.0% | 5.1% |
| Six-Figure Earners | 8.2% | 16.9% | 13.2% |
The median household income in Azusa is about 9% lower than in California. Income has been growing slower in Azusa (6.0%/yr) than in California (6.0%/yr).
About 8% of adults in Azusa 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 Azusa, California grew by 57.7% from 2009 to 2023, reaching $88,322 in 2023. That's an average of about 6.0% per year.
Economic Inequality in Azusa | Gender Pay Gap | Gini Coefficient
| Metric | Azusa | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.585 | 0.596 | 0.570 |
| Male Median Income | $54,016 | $73,016 | $67,746 |
| Female Median Income | $46,630 | $63,704 | $54,793 |
| Gender Pay Gap | 13.7% | 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 Azusa, it is 0.585, lower than California's 0.596, so income is more evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 16% more than women's income in Azusa, California. Over a 35-year career, a 16% wage gap accumulates to roughly $258,510 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Azusa, California has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $1,575 since 2009.
Employment
| Metric | Azusa | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.9% | 6.4% | 5.2% |
| Working from Home | 7.8% | 15.5% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 1,519 people are unemployed in Azusa, California.
The average commute time in Azusa is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Azusa, California has fallen from 9.0% to 5.9% in 2023.
Conclusion
Considering all these factors, Azusa, California has an overall wealth index grade of D, making it somewhat worse than California, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Azusa, California.
How Wealthy Is Azusa, California?
Azusa has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $88,322, about 9% lower than the California average of $96,718.
What is the current median household income in Azusa, California?
As of 2023, the median household income in Azusa, California is $88,322.
What was the median household income in Azusa in 2023?
In 2023, the median household income in Azusa, California was $88,322.
What was the median household income in Azusa in 2020?
In 2020, the median household income in Azusa, California was $71,618.
What is the Gini coefficient in Azusa, California?
The Gini coefficient in Azusa is 0.585. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Azusa, California?
Since 2009, the income gap between men and women in Azusa, California has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $1,575 since 2009.