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 | Chino Hills | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $124,024 | $96,718 | $78,145 |
| Median Personal Income | $79,449 | $68,943 | $61,726 |
| Average income growth | 3.7% | 6.0% | 5.1% |
| Six-Figure Earners | 19.6% | 16.9% | 13.2% |
The median household income in Chino Hills is about 28% higher than in California. Income has been growing slower in Chino Hills (3.7%/yr) than in California (6.0%/yr).
About 20% of adults in Chino Hills earn six figures ($100,000 or more) a year, higher than the California average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Chino Hills, California grew by 22.1% from 2009 to 2023, reaching $124,024 in 2023. That's an average of about 3.7% per year.
Economic Inequality in Chino Hills | Gender Pay Gap | Gini Coefficient
| Metric | Chino Hills | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.589 | 0.596 | 0.570 |
| Male Median Income | $86,261 | $73,016 | $67,746 |
| Female Median Income | $71,689 | $63,704 | $54,793 |
| Gender Pay Gap | 16.9% | 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 Chino Hills, it is 0.589, 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 20% more than women's income in Chino Hills, California. Over a 35-year career, a 20% wage gap accumulates to roughly $510,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Chino Hills, California has narrowed from about 25% to 17% in 2023. In dollar terms, the gap has narrowed by $3,543 since 2009.
Employment
| Metric | Chino Hills | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 6.4% | 5.2% |
| Working from Home | 15.7% | 15.5% | 13.4% |
| Commute time (minutes) | 32 | 23 | 22 |
Approximately 2,502 people are unemployed in Chino Hills, California.
The average commute time in Chino Hills is 32 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Chino Hills, California has fallen from 10.0% to 6.4% in 2023.
Conclusion
Considering all these factors, Chino Hills, California has an overall wealth index grade of B, making it somewhat better than California, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Chino Hills, California.
How Rich Is Chino Hills, California?
Chino Hills has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $124,024, about 28% higher than the California average of $96,718.
What is the current median household income in Chino Hills, California?
As of 2023, the median household income in Chino Hills, California is $124,024.
What was the median household income in Chino Hills in 2023?
In 2023, the median household income in Chino Hills, California was $124,024.
What was the median household income in Chino Hills in 2020?
In 2020, the median household income in Chino Hills, California was $107,788.
What is the Gini coefficient in Chino Hills, California?
The Gini coefficient in Chino Hills is 0.589. 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 Chino Hills, California?
Since 2009, the income gap between men and women in Chino Hills, California has narrowed from about 25% to 17% in 2023. In dollar terms, the gap has narrowed by $3,543 since 2009.