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 | Dana Point | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $124,837 | $96,718 | $78,145 |
| Median Personal Income | $103,463 | $68,943 | $61,726 |
| Average income growth | 5.9% | 6.0% | 5.1% |
| Six-Figure Earners | 29.4% | 16.9% | 13.2% |
The median household income in Dana Point is about 29% higher than in California. Income has been growing slower in Dana Point (5.9%/yr) than in California (6.0%/yr).
About 29% of adults in Dana Point 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 Dana Point, California grew by 59.1% from 2009 to 2023, reaching $124,837 in 2023. That's an average of about 5.9% per year.
Economic Inequality in Dana Point | Gender Pay Gap | Gini Coefficient
| Metric | Dana Point | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.596 | 0.570 |
| Male Median Income | $112,891 | $73,016 | $67,746 |
| Female Median Income | $88,157 | $63,704 | $54,793 |
| Gender Pay Gap | 21.9% | 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 Dana Point, it is 0.541, lower than California's 0.596, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 28% more than women's income in Dana Point, California. Over a 35-year career, a 28% wage gap accumulates to roughly $865,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Dana Point, California has widened from about 21% to 22% in 2023. In dollar terms, the gap has widened by $10,370 since 2009.
Employment
| Metric | Dana Point | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 6.4% | 5.2% |
| Working from Home | 27.4% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 600 people are unemployed in Dana Point, California.
The average commute time in Dana Point is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Dana Point, California has fallen from 7.0% to 4.3% in 2023.
Conclusion
Considering all these factors, Dana Point, 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 Dana Point, California.
How Rich Is Dana Point, California?
Dana Point 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 $124,837, about 29% higher than the California average of $96,718.
What is the current median household income in Dana Point, California?
As of 2023, the median household income in Dana Point, California is $124,837.
What was the median household income in Dana Point in 2023?
In 2023, the median household income in Dana Point, California was $124,837.
What was the median household income in Dana Point in 2020?
In 2020, the median household income in Dana Point, California was $104,992.
What is the Gini coefficient in Dana Point, California?
The Gini coefficient in Dana Point is 0.541. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Dana Point, California?
Since 2009, the income gap between men and women in Dana Point, California has widened from about 21% to 22% in 2023. In dollar terms, the gap has widened by $10,370 since 2009.