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 | Delano | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,453 | $96,718 | $78,145 |
| Median Personal Income | $41,546 | $68,943 | $61,726 |
| Average income growth | 8.4% | 6.0% | 5.1% |
| Six-Figure Earners | 2.5% | 16.9% | 13.2% |
The median household income in Delano is about 40% lower than in California. Income has been growing faster in Delano (8.4%/yr) than in California (6.0%/yr).
About 3% of adults in Delano 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 Delano, California grew by 66.3% from 2009 to 2023, reaching $58,453 in 2023. That's an average of about 8.4% per year.
Economic Inequality in Delano | Gender Pay Gap | Gini Coefficient
| Metric | Delano | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.624 | 0.596 | 0.570 |
| Male Median Income | $47,371 | $73,016 | $67,746 |
| Female Median Income | $34,780 | $63,704 | $54,793 |
| Gender Pay Gap | 26.6% | 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 Delano, it is 0.624, 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 36% more than women's income in Delano, California. Over a 35-year career, a 36% wage gap accumulates to roughly $440,685 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Delano, California has widened from about 12% to 27% in 2023. In dollar terms, the gap has widened by $9,358 since 2009.
Employment
| Metric | Delano | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 11.9% | 6.4% | 5.2% |
| Working from Home | 2.8% | 15.5% | 13.4% |
| Commute time (minutes) | 16 | 23 | 22 |
Approximately 2,159 people are unemployed in Delano, California.
The average commute time in Delano is 16 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Delano, California has fallen from 15.2% to 11.9% in 2023.
Conclusion
Considering all these factors, Delano, California has an overall wealth index grade of F, making it worse than California, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Delano, California.
How Rich Is Delano, California?
Delano has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $58,453, about 40% lower than the California average of $96,718.
What is the current median household income in Delano, California?
As of 2023, the median household income in Delano, California is $58,453.
What was the median household income in Delano in 2023?
In 2023, the median household income in Delano, California was $58,453.
What was the median household income in Delano in 2020?
In 2020, the median household income in Delano, California was $40,861.
What is the Gini coefficient in Delano, California?
The Gini coefficient in Delano is 0.624. 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 Delano, California?
Since 2009, the income gap between men and women in Delano, California has widened from about 12% to 27% in 2023. In dollar terms, the gap has widened by $9,358 since 2009.