Elk Grove, California Income Statistics
Elk Grove 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.
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B
Elk Grove Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Elk Grove | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $124,496 | $99,161 | $80,455 |
| Median Personal Income | $74,585 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.6% | 4.8% |
| Six-Figure Earners | 19.1% | 17.6% | 13.9% |
| $200k+ Households | 22.0% | 20.5% | 13.2% |
The median household income in Elk Grove is about 26% higher than in California. Income has been growing slower in Elk Grove (5.3%/yr) than in California (5.6%/yr).
About 19% of adults in Elk Grove 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 Elk Grove, California grew by 57.9% from 2009 to 2024, reaching $124,496 in 2024. That's an average of about 5.3% per year.
Elk Grove has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2014, its income was 45% higher. The gap has held fairly steady over the period.
Income Distribution in Elk Grove
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 31,266 households (60.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 10.8% of households in Elk Grove had an income under $35,000 and 38.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Elk Grove has a larger share of households earning $200,000 or more (22.0% 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 | 1,282 | 2.5% | 5.1% |
| $10,000 to $14,999 | 795 | 1.5% | 3.5% |
| $15,000 to $24,999 | 1,589 | 3.1% | 6.4% |
| $25,000 to $34,999 | 1,943 | 3.8% | 6.7% |
| $35,000 to $49,999 | 2,890 | 5.6% | 10.1% |
| $50,000 to $74,999 | 5,919 | 11.4% | 15.5% |
| $75,000 to $99,999 | 6,063 | 11.7% | 12.6% |
| $100,000 to $149,999 | 11,226 | 21.7% | 17.4% |
| $150,000 to $199,999 | 8,646 | 16.7% | 9.5% |
| $200,000 or more | 11,394 | 22.0% | 13.2% |
Shares are of all 51,747 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 25,295 residents (19.1% 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 22.6% of residents who have any income.
In 2024, 15.7% of Elk Grove residents aged 15 and over reported no personal income, 25.3% had some income but less than $25,000, and 29.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Elk Grove has a larger share of residents earning $100,000 or more (19.1% vs 13.9%) and a smaller share earning $35,000 to $49,999 (9.4% vs 12.6%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 20,907 | 15.7% | 12.8% |
| $1 to $9,999 | 14,510 | 10.9% | 11.2% |
| $10,000 to $14,999 | 8,286 | 6.2% | 7.0% |
| $15,000 to $24,999 | 10,775 | 8.1% | 10.5% |
| $25,000 to $34,999 | 9,023 | 6.8% | 9.5% |
| $35,000 to $49,999 | 12,415 | 9.4% | 12.6% |
| $50,000 to $74,999 | 18,319 | 13.8% | 14.3% |
| $75,000 to $99,999 | 13,229 | 10.0% | 8.2% |
| $100,000 or more | 25,295 | 19.1% | 13.9% |
Shares are of the 132,758 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 15.7% 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 Elk Grove
| Metric | Elk Grove | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.572 | 0.552 |
| Male Median Income | $87,441 | $75,172 | $69,667 |
| Female Median Income | $73,567 | $66,071 | $56,850 |
| Gender Pay Gap | 15.9% | 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 Elk Grove, it is 0.560, lower than California's 0.572, so income is more evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 19% more than women's income in Elk Grove, California. Over a 35-year career, a 19% wage gap accumulates to roughly $485,590 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Elk Grove, California has narrowed from about 17% to 16% in 2024. Over that period the gap was widest at 19% in 2010, and was narrowest at 12% in 2016. In dollar terms, the gap has widened by $4,150 since 2009.
Employment
| Metric | Elk Grove | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 6.6% | 5.2% |
| Working from Home | 21.1% | 17.2% | 15.0% |
| Commute time (minutes) | 28 | 23 | 22 |
Approximately 5,450 people are unemployed in Elk Grove, California.
The average commute time in Elk Grove is 28 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Elk Grove, California has fallen from 8.9% to 6.5% in 2024. Over that period the rate peaked at 10.6% in 2013 and fell as low as 5.8% in 2020.
Elk Grove has stayed above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. The gap has widened from 0.2 points in 2011, the closest it has been, to 1.2 points in 2024.
Elk Grove, CA Wealth Compared With Nearby Cities
How Elk Grove, 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. |
|---|---|---|---|---|---|
| Elk Grove, CA | 165,605 | $124,496 #1/3 | 5.3%/yr #2/3 | 6.5% #2/3 | 0.560 #2/3 |
| Florin, CA | 50,195 | $74,006 | 8.1%/yr | 7.5% | 0.566 |
| Vineyard, CA | 40,205 | $108,176 | 4.5%/yr | 5.5% | 0.559 |
Conclusion
Considering all these factors, Elk Grove, 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 Elk Grove, California.
How Wealthy Is Elk Grove, California?
Elk Grove 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 $124,496, about 26% higher than the California average of $99,161.
How has median household income changed in Elk Grove, California?
Between 2009 and 2024, the median household income in Elk Grove, California rose 58%, from $78,844 to $124,496. Over the same years, income here lagged behind California as a whole: +58% against +64%.
What was the median household income in Elk Grove in 2023?
In 2023, the median household income in Elk Grove, California was $121,227, up 7% from $113,100 in 2022. The California median that year was $96,718.
What was the median household income in Elk Grove in 2020?
In 2020, the median household income in Elk Grove, California was $100,391. By 2024 it had risen 24% to $124,496.
What is the Gini coefficient in Elk Grove, California?
The Gini coefficient in Elk Grove is 0.560. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Elk Grove, California?
Since 2009, the income gap between men and women in Elk Grove, California has narrowed from about 17% to 16% in 2024. Over that period the gap was widest at 19% in 2010, and was narrowest at 12% in 2016. In dollar terms, the gap has widened by $4,150 since 2009.
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