Wealth Index
Among the 3 least wealthy counties in California
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 | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,775 | $96,718 | $78,145 |
| Median Personal Income | $59,271 | $68,943 | $61,726 |
| Average income growth | 6.9% | 6.0% | 5.1% |
| Six-Figure Earners | 8.7% | 16.9% | 13.2% |
The median household income in Del Norte County is about 30% lower than in California. Income has been growing faster in Del Norte County (6.9%/yr) than in California (6.0%/yr).
About 9% of adults in Del Norte County 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 Del Norte County, California grew by 77.4% from 2009 to 2023, reaching $67,775 in 2023. That's an average of about 6.9% per year.
Economic Inequality in Del Norte County | Gender Pay Gap | Gini Coefficient
| Metric | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.618 | 0.596 | 0.570 |
| Male Median Income | $63,347 | $73,016 | $67,746 |
| Female Median Income | $55,194 | $63,704 | $54,793 |
| Gender Pay Gap | 12.9% | 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 Del Norte County, it is 0.618, higher than California's 0.596, so income is less 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 15% more than women's income in Del Norte County, California. Over a 35-year career, a 15% wage gap accumulates to roughly $285,355 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Del Norte County, California has narrowed from about 29% to 13% in 2023. In dollar terms, the gap has narrowed by $5,642 since 2009.
Employment
| Metric | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 6.4% | 5.2% |
| Working from Home | 7.5% | 15.5% | 13.4% |
| Commute time (minutes) | 11 | 23 | 22 |
Approximately 712 people are unemployed in Del Norte County, California.
The average commute time in Del Norte County is 11 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Del Norte County, California has fallen from 10.2% to 6.4% in 2023.
Conclusion
Considering all these factors, Del Norte County, 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 Del Norte County, California.
How Rich Is Del Norte County, California?
Del Norte County 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 $67,775, about 30% lower than the California average of $96,718.
What is the current median household income in Del Norte County, California?
As of 2023, the median household income in Del Norte County, California is $67,775.
What was the median household income in Del Norte County in 2023?
In 2023, the median household income in Del Norte County, California was $67,775.
What was the median household income in Del Norte County in 2020?
In 2020, the median household income in Del Norte County, California was $49,972.
What is the Gini coefficient in Del Norte County, California?
The Gini coefficient in Del Norte County is 0.618. 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 Del Norte County, California?
Since 2009, the income gap between men and women in Del Norte County, California has narrowed from about 29% to 13% in 2023. In dollar terms, the gap has narrowed by $5,642 since 2009.