Eastern Goleta Valley, California Income Statistics
Eastern Goleta Valley Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
B
Eastern Goleta Valley Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Eastern Goleta Valley | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $126,066 | $99,161 | $80,455 |
| Median Personal Income | $86,791 | $67,742 | $60,758 |
| Average Yearly Income Growth | 4.5% | 5.6% | 4.8% |
| Six-Figure Earners | 24.2% | 17.6% | 13.9% |
| $200k+ Households | 27.9% | 20.5% | 13.2% |
The median household income in Eastern Goleta Valley is about 27% higher than in California. Income has been growing slower in Eastern Goleta Valley (4.5%/yr) than in California (5.6%/yr).
About 24% of adults in Eastern Goleta Valley earn six figures ($100,000 or more) a year, higher than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Eastern Goleta Valley, California grew by 71.4% from 2009 to 2024, reaching $126,066 in 2024. That's an average of about 4.5% per year.
Eastern Goleta Valley has been far above the U.S. median household income in every year from 2009 to 2024. The gap has widened from 44% in 2009, the closest it has been, to 57% in 2024.
Income Distribution in Eastern Goleta Valley
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 6,102 households (60.3% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 13.5% of households in Eastern Goleta Valley had an income under $35,000 and 40.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Eastern Goleta Valley has a larger share of households earning $200,000 or more (27.9% vs 13.2%) and a smaller share earning $35,000 to $49,999 (5.6% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 416 | 4.1% | 5.1% |
| $10,000 to $14,999 | 188 | 1.9% | 3.5% |
| $15,000 to $24,999 | 391 | 3.9% | 6.4% |
| $25,000 to $34,999 | 376 | 3.7% | 6.7% |
| $35,000 to $49,999 | 565 | 5.6% | 10.1% |
| $50,000 to $74,999 | 1,199 | 11.8% | 15.5% |
| $75,000 to $99,999 | 886 | 8.8% | 12.6% |
| $100,000 to $149,999 | 2,019 | 19.9% | 17.4% |
| $150,000 to $199,999 | 1,263 | 12.5% | 9.5% |
| $200,000 or more | 2,821 | 27.9% | 13.2% |
Shares are of all 10,123 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 5,388 residents (24.2% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 27.4% of residents who have any income.
In 2024, 11.8% of Eastern Goleta Valley residents aged 15 and over reported no personal income, 24.2% had some income but less than $25,000, and 33.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Eastern Goleta Valley has a larger share of residents earning $100,000 or more (24.2% vs 13.9%) and a smaller share earning $25,000 to $34,999 (6.8% vs 9.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,638 | 11.8% | 12.8% |
| $1 to $9,999 | 2,165 | 9.7% | 11.2% |
| $10,000 to $14,999 | 1,274 | 5.7% | 7.0% |
| $15,000 to $24,999 | 1,952 | 8.8% | 10.5% |
| $25,000 to $34,999 | 1,509 | 6.8% | 9.5% |
| $35,000 to $49,999 | 2,223 | 10.0% | 12.6% |
| $50,000 to $74,999 | 3,064 | 13.8% | 14.3% |
| $75,000 to $99,999 | 2,063 | 9.3% | 8.2% |
| $100,000 or more | 5,388 | 24.2% | 13.9% |
Shares are of the 22,275 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 11.8% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Eastern Goleta Valley
| Metric | Eastern Goleta Valley | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.572 | 0.552 |
| Male Median Income | $99,774 | $75,172 | $69,667 |
| Female Median Income | $84,490 | $66,071 | $56,850 |
| Gender Pay Gap | 15.3% | 12.1% | 18.4% |
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 Eastern Goleta Valley, it is 0.534, lower than California's 0.572, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Eastern Goleta Valley, California. Over a 35-year career, a 18% wage gap accumulates to roughly $534,940 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Eastern Goleta Valley, California has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 24% in 2013, and was narrowest at 15% in 2018. In dollar terms, the gap has widened by $3,809 since 2009.
Employment
| Metric | Eastern Goleta Valley | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 6.6% | 5.2% |
| Working from Home | 22.4% | 17.2% | 15.0% |
| Commute time (minutes) | 13 | 23 | 22 |
Approximately 459 people are unemployed in Eastern Goleta Valley, California.
The average commute time in Eastern Goleta Valley is 13 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Eastern Goleta Valley, California has fallen from 7.0% to 3.7% in 2024. Over that period the rate peaked at 7.7% in 2012 and fell as low as 3.6% in 2020.
Eastern Goleta Valley has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2023, at 0.7 points lower. The gap has held fairly steady over the period.
Eastern Goleta Valley, CA Wealth Compared With Nearby Cities
How Eastern Goleta Valley, CA compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Eastern Goleta Valley, CA | 26,421 | $126,066 #1/3 | 4.5%/yr #3/3 | 3.7% #1/3 | 0.534 #1/3 |
| Goleta, CA | 30,860 | $125,960 | 5.9%/yr | 5.4% | 0.548 |
| Santa Barbara, CA | 82,703 | $109,181 | 6.2%/yr | 5.9% | 0.542 |
Conclusion
Considering all these factors, Eastern Goleta Valley, California has an overall wealth index grade of B, making it somewhat better than California, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Eastern Goleta Valley, California.
How Wealthy Is Eastern Goleta Valley, California?
Eastern Goleta Valley has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $126,066, about 27% higher than the California average of $99,161.
How has median household income changed in Eastern Goleta Valley, California?
Between 2009 and 2024, the median household income in Eastern Goleta Valley, California rose 71%, from $73,563 to $126,066. Over the same years, income here outpaced California as a whole: +71% against +64%.
What was the median household income in Eastern Goleta Valley in 2023?
In 2023, the median household income in Eastern Goleta Valley, California was $123,785, up 5% from $118,227 in 2022. The California median that year was $96,718.
What was the median household income in Eastern Goleta Valley in 2020?
In 2020, the median household income in Eastern Goleta Valley, California was $101,438. By 2024 it had risen 24% to $126,066.
Do many residents of Eastern Goleta Valley, California earn over $100,000?
Yes. 24% of adults in Eastern Goleta Valley, California earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in California. 28% of households have a combined income of $200,000 or more, compared with 20% in California.
Is unemployment high in Eastern Goleta Valley, California?
Unemployment in Eastern Goleta Valley, California is only 3.7%, well below the California rate of 6.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Eastern Goleta Valley, California?
The Gini coefficient in Eastern Goleta Valley is 0.534. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Eastern Goleta Valley, California?
Since 2009, the income gap between men and women in Eastern Goleta Valley, California has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 24% in 2013, and was narrowest at 15% in 2018. In dollar terms, the gap has widened by $3,809 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →