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 | Chula Vista | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $103,298 | $96,718 | $78,145 |
| Median Personal Income | $64,232 | $68,943 | $61,726 |
| Average income growth | 6.8% | 6.0% | 5.1% |
| Six-Figure Earners | 14.5% | 16.9% | 13.2% |
The median household income in Chula Vista is about 7% higher than in California. Income has been growing faster in Chula Vista (6.8%/yr) than in California (6.0%/yr).
About 14% of adults in Chula Vista 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 Chula Vista, California grew by 67.3% from 2009 to 2023, reaching $103,298 in 2023. That's an average of about 6.8% per year.
Economic Inequality in Chula Vista | Gender Pay Gap | Gini Coefficient
| Metric | Chula Vista | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.589 | 0.596 | 0.570 |
| Male Median Income | $69,593 | $73,016 | $67,746 |
| Female Median Income | $56,966 | $63,704 | $54,793 |
| Gender Pay Gap | 18.1% | 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 Chula Vista, 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 22% more than women's income in Chula Vista, California. Over a 35-year career, a 22% wage gap accumulates to roughly $441,945 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Chula Vista, California has narrowed from about 25% to 18% in 2023. In dollar terms, the gap has widened by $366 since 2009.
Employment
| Metric | Chula Vista | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.4% | 6.4% | 5.2% |
| Working from Home | 11.5% | 15.5% | 13.4% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 11,726 people are unemployed in Chula Vista, California.
The average commute time in Chula Vista is 26 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Chula Vista, California has fallen from 10.4% to 8.4% in 2023.
Conclusion
Considering all these factors, Chula Vista, 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 Chula Vista, California.
How Rich Is Chula Vista, California?
Chula Vista 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 $103,298, about 7% higher than the California average of $96,718.
What is the current median household income in Chula Vista, California?
As of 2023, the median household income in Chula Vista, California is $103,298.
What was the median household income in Chula Vista in 2023?
In 2023, the median household income in Chula Vista, California was $103,298.
What was the median household income in Chula Vista in 2020?
In 2020, the median household income in Chula Vista, California was $85,734.
What is the Gini coefficient in Chula Vista, California?
The Gini coefficient in Chula Vista 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 Chula Vista, California?
Since 2009, the income gap between men and women in Chula Vista, California has narrowed from about 25% to 18% in 2023. In dollar terms, the gap has widened by $366 since 2009.