Fair Oaks, California Income Statistics
Fair Oaks 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
Fair Oaks Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fair Oaks | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $117,596 | $99,161 | $80,455 |
| Median Personal Income | $81,136 | $67,742 | $60,758 |
| Average Yearly Income Growth | 6.1% | 5.6% | 4.8% |
| Six-Figure Earners | 24.4% | 17.6% | 13.9% |
| $200k+ Households | 20.6% | 20.5% | 13.2% |
The median household income in Fair Oaks is about 19% higher than in California. Income has been growing faster in Fair Oaks (6.1%/yr) than in California (5.6%/yr).
About 24% of adults in Fair Oaks 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 Fair Oaks, California grew by 56.6% from 2009 to 2024, reaching $117,596 in 2024. That's an average of about 6.1% per year.
Fair Oaks has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2017, its income was 32% higher. The gap has held fairly steady over the period.
Income Distribution in Fair Oaks
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 7,544 households (57.9% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 11.7% of households in Fair Oaks had an income under $35,000 and 37.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Fair Oaks has a larger share of households earning $150,000 to $199,999 (16.9% vs 9.5%) and a smaller share earning $50,000 to $74,999 (10.9% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 531 | 4.1% | 5.1% |
| $10,000 to $14,999 | 211 | 1.6% | 3.5% |
| $15,000 to $24,999 | 327 | 2.5% | 6.4% |
| $25,000 to $34,999 | 457 | 3.5% | 6.7% |
| $35,000 to $49,999 | 816 | 6.3% | 10.1% |
| $50,000 to $74,999 | 1,423 | 10.9% | 15.5% |
| $75,000 to $99,999 | 1,732 | 13.3% | 12.6% |
| $100,000 to $149,999 | 2,662 | 20.4% | 17.4% |
| $150,000 to $199,999 | 2,200 | 16.9% | 9.5% |
| $200,000 or more | 2,682 | 20.6% | 13.2% |
Shares are of all 13,040 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 6,686 residents (24.4% 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 27.2% of residents who have any income.
In 2024, 10.3% of Fair Oaks residents aged 15 and over reported no personal income, 22.1% had some income but less than $25,000, and 35.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Fair Oaks has a larger share of residents earning $100,000 or more (24.4% vs 13.9%) and a smaller share earning $1 to $9,999 (8.1% vs 11.2%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,811 | 10.3% | 12.8% |
| $1 to $9,999 | 2,218 | 8.1% | 11.2% |
| $10,000 to $14,999 | 1,717 | 6.3% | 7.0% |
| $15,000 to $24,999 | 2,125 | 7.8% | 10.5% |
| $25,000 to $34,999 | 2,174 | 7.9% | 9.5% |
| $35,000 to $49,999 | 2,969 | 10.8% | 12.6% |
| $50,000 to $74,999 | 3,801 | 13.9% | 14.3% |
| $75,000 to $99,999 | 2,902 | 10.6% | 8.2% |
| $100,000 or more | 6,686 | 24.4% | 13.9% |
Shares are of the 27,404 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 10.3% 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 Fair Oaks
| Metric | Fair Oaks | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.512 | 0.572 | 0.552 |
| Male Median Income | $94,334 | $75,172 | $69,667 |
| Female Median Income | $76,320 | $66,071 | $56,850 |
| Gender Pay Gap | 19.1% | 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 Fair Oaks, it is 0.512, 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 24% more than women's income in Fair Oaks, California. Over a 35-year career, a 24% wage gap accumulates to roughly $630,490 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fair Oaks, California has narrowed from about 22% to 19% in 2024. Over that period the gap was narrowest at 5% in 2018. In dollar terms, the gap has widened by $2,182 since 2009.
Employment
| Metric | Fair Oaks | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 6.6% | 5.2% |
| Working from Home | 23.8% | 17.2% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 981 people are unemployed in Fair Oaks, California.
The average commute time in Fair Oaks is 26 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fair Oaks, California has fallen from 8.0% to 6.0% in 2024. Over that period the rate peaked at 11.9% in 2013 and fell as low as 4.0% in 2021.
Fair Oaks has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it in 2024, at 0.7 points higher.
Fair Oaks, CA Wealth Compared With Nearby Cities
Fair Oaks, CA is the smallest of the 5 cities compared here, 32,617 residents against a local median of 77,088. Fair Oaks, CA's median household income, at $117,596, runs 30% above the $90,253 typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves spread $19,316 on median household income, so Fair Oaks, CA sits at one end of an already wide local range rather than apart from it. Fair Oaks, CA has the highest median household income of the 5 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Fair Oaks, CA | 32,617 | $117,596 #1/5 | 6.1%/yr #2/5 | 6.0% #2/5 | 0.512 #1/5 |
| Orangevale, CA | 35,887 | $100,709 | 4.2%/yr | 5.1% | 0.534 |
| Citrus Heights, CA | 86,009 | $81,392 | 5.8%/yr | 7.0% | 0.521 |
| Rancho Cordova, CA | 77,906 | $91,574 | 6.7%/yr | 6.9% | 0.555 |
| Carmichael, CA | 76,270 | $88,932 | 5.4%/yr | 7.1% | 0.538 |
Conclusion
Considering all these factors, Fair Oaks, 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 Fair Oaks, California.
How Rich Is Fair Oaks, California?
Fair Oaks 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 $117,596, about 19% higher than the California average of $99,161.
How fast is household income rising in Fair Oaks, California?
Between 2009 and 2024, the median household income in Fair Oaks, California rose 57%, from $75,114 to $117,596. Over the same years, income here lagged behind California as a whole: +57% against +64%.
What was the median household income in Fair Oaks in 2023?
In 2023, the median household income in Fair Oaks, California was $111,663, about the same as in 2022. The California median that year was $96,718.
What was the median household income in Fair Oaks in 2020?
In 2020, the median household income in Fair Oaks, California was $90,742. By 2024 it had risen 30% to $117,596.
Is Fair Oaks, California a high-income area?
Yes. 24% of adults in Fair Oaks, California earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in California. 21% of households have a combined income of $200,000 or more, compared with 20% in California.
What is the Gini coefficient in Fair Oaks, California?
The Gini coefficient in Fair Oaks is 0.512. 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 Fair Oaks, California?
Since 2009, the income gap between men and women in Fair Oaks, California has narrowed from about 22% to 19% in 2024. Over that period the gap was narrowest at 5% in 2018. In dollar terms, the gap has widened by $2,182 since 2009.
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