Castro Valley, California Income Statistics
Castro Valley Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A
Castro Valley Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Castro Valley | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $136,046 | $99,161 | $80,455 |
| Median Personal Income | $89,915 | $67,742 | $60,758 |
| Average Yearly Income Growth | 6.4% | 5.6% | 4.8% |
| Six-Figure Earners | 26.3% | 17.6% | 13.9% |
| $200k+ Households | 31.7% | 20.5% | 13.2% |
The median household income in Castro Valley is about 37% higher than in California. Income has been growing faster in Castro Valley (6.4%/yr) than in California (5.6%/yr).
About 26% of adults in Castro Valley earn six figures ($100,000 or more) a year, higher than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Castro Valley, California grew by 86.7% from 2009 to 2024, reaching $136,046 in 2024. That's an average of about 6.4% per year.
Income Inequality and the Gender Pay Gap in Castro Valley
| Metric | Castro Valley | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.572 | 0.552 |
| Male Median Income | $98,986 | $75,172 | $69,667 |
| Female Median Income | $85,736 | $66,071 | $56,850 |
| Gender Pay Gap | 13.4% | 12.1% | 18.4% |
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 Castro Valley, it is 0.536, lower than California's 0.572, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 15% more than women's income in Castro Valley, California. Over a 35-year career, a 15% wage gap accumulates to roughly $463,750 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Castro Valley, California has narrowed from about 21% to 13% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 5% in 2016. In dollar terms, the gap has narrowed by $145 since 2009.
Employment
| Metric | Castro Valley | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 6.6% | 5.2% |
| Working from Home | 21.0% | 17.2% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 1,181 people are unemployed in Castro Valley, California.
The average commute time in Castro Valley is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Castro Valley, California has fallen from 8.3% to 3.8% in 2024. Over that period the rate peaked at 9.3% in 2013 and fell as low as 3.2% in 2021.
Castro Valley, CA Wealth Compared With Nearby Cities
How Castro Valley, CA compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Castro Valley, CA | 57,957 | $136,046 #1/3 | 6.4%/yr #2/3 | 3.8% #1/3 | 0.536 #2/3 |
| Ashland, CA | 22,071 | $83,561 | 7.5%/yr | 6.8% | 0.555 |
| San Lorenzo, CA | 28,612 | $111,304 | 4.9%/yr | 5.1% | 0.526 |
Conclusion
Considering all these factors, Castro Valley, California has an overall wealth index grade of A, making it notably better than California, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Castro Valley, California.
How Rich Is Castro Valley, California?
Castro Valley has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $136,046, about 37% higher than the California average of $99,161.
Are incomes growing in Castro Valley, California?
Between 2009 and 2024, the median household income in Castro Valley, California rose 87%, from $72,851 to $136,046. Over the same years, income here outpaced California as a whole: +87% against +64%.
What was the median household income in Castro Valley in 2023?
In 2023, the median household income in Castro Valley, California was $128,948, up 5% from $122,726 in 2022. The California median that year was $96,718.
What was the median household income in Castro Valley in 2020?
In 2020, the median household income in Castro Valley, California was $105,564. By 2024 it had risen 29% to $136,046.
Do many residents of Castro Valley, California earn over $100,000?
Yes. 26% of adults in Castro Valley, California earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in California. 32% of households have a combined income of $200,000 or more, compared with 20% in California.
Is it hard to find a job in Castro Valley, California?
Unemployment in Castro Valley, California is only 3.8%, well below the California rate of 6.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Castro Valley, California?
The Gini coefficient in Castro Valley is 0.536. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Castro Valley, California?
Since 2009, the income gap between men and women in Castro Valley, California has narrowed from about 21% to 13% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 5% in 2016. In dollar terms, the gap has narrowed by $145 since 2009.
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