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 | East San Gabriel | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $105,863 | $96,718 | $78,145 |
| Median Personal Income | $66,197 | $68,943 | $61,726 |
| Average income growth | 6.5% | 6.0% | 5.1% |
| Six-Figure Earners | 15.7% | 16.9% | 13.2% |
The median household income in East San Gabriel is about 9% higher than in California. Income has been growing faster in East San Gabriel (6.5%/yr) than in California (6.0%/yr).
About 16% of adults in East San Gabriel 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 East San Gabriel, California grew by 63.1% from 2009 to 2023, reaching $105,863 in 2023. That's an average of about 6.5% per year.
Economic Inequality in East San Gabriel | Gender Pay Gap | Gini Coefficient
| Metric | East San Gabriel | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.608 | 0.596 | 0.570 |
| Male Median Income | $69,223 | $73,016 | $67,746 |
| Female Median Income | $62,775 | $63,704 | $54,793 |
| Gender Pay Gap | 9.3% | 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 East San Gabriel, it is 0.608, 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 10% more than women's income in East San Gabriel, California. Over a 35-year career, a 10% wage gap accumulates to roughly $225,680 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in East San Gabriel, California has narrowed from about 10% to 9% in 2023. In dollar terms, the gap has widened by $1,799 since 2009.
Employment
| Metric | East San Gabriel | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 6.4% | 5.2% |
| Working from Home | 15.1% | 15.5% | 13.4% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 711 people are unemployed in East San Gabriel, California.
The average commute time in East San Gabriel is 27 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in East San Gabriel, California has risen from 6.0% to 6.5% in 2023.
Conclusion
Considering all these factors, East San Gabriel, 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 East San Gabriel, California.
How Wealthy Is East San Gabriel, California?
East San Gabriel 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 $105,863, about 9% higher than the California average of $96,718.
What is the current median household income in East San Gabriel, California?
As of 2023, the median household income in East San Gabriel, California is $105,863.
What was the median household income in East San Gabriel in 2023?
In 2023, the median household income in East San Gabriel, California was $105,863.
What was the median household income in East San Gabriel in 2020?
In 2020, the median household income in East San Gabriel, California was $85,702.
What is the Gini coefficient in East San Gabriel, California?
The Gini coefficient in East San Gabriel is 0.608. 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 East San Gabriel, California?
Since 2009, the income gap between men and women in East San Gabriel, California has narrowed from about 10% to 9% in 2023. In dollar terms, the gap has widened by $1,799 since 2009.