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 | Highland | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,653 | $96,718 | $78,145 |
| Median Personal Income | $49,979 | $68,943 | $61,726 |
| Average income growth | 5.6% | 6.0% | 5.1% |
| Six-Figure Earners | 10.3% | 16.9% | 13.2% |
The median household income in Highland is about 21% lower than in California. Income has been growing slower in Highland (5.6%/yr) than in California (6.0%/yr).
About 10% of adults in Highland 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 Highland, California grew by 40.5% from 2009 to 2023, reaching $76,653 in 2023. That's an average of about 5.6% per year.
Economic Inequality in Highland | Gender Pay Gap | Gini Coefficient
| Metric | Highland | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.603 | 0.596 | 0.570 |
| Male Median Income | $50,484 | $73,016 | $67,746 |
| Female Median Income | $49,322 | $63,704 | $54,793 |
| Gender Pay Gap | 2.3% | 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 Highland, it is 0.603, 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 2% more than women's income in Highland, California. Over a 35-year career, a 2% wage gap accumulates to roughly $40,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Highland, California has narrowed from about 17% to 2% in 2023. In dollar terms, the gap has narrowed by $7,060 since 2009.
Employment
| Metric | Highland | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.4% | 5.2% |
| Working from Home | 6.8% | 15.5% | 13.4% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 1,168 people are unemployed in Highland, California.
The average commute time in Highland is 21 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Highland, California has fallen from 11.8% to 5.1% in 2023.
Conclusion
Considering all these factors, Highland, 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 Highland, California.
How Rich Is Highland, California?
Highland 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 $76,653, about 21% lower than the California average of $96,718.
What is the current median household income in Highland, California?
As of 2023, the median household income in Highland, California is $76,653.
What was the median household income in Highland in 2023?
In 2023, the median household income in Highland, California was $76,653.
What was the median household income in Highland in 2020?
In 2020, the median household income in Highland, California was $63,019.
What is the Gini coefficient in Highland, California?
The Gini coefficient in Highland is 0.603. 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 Highland, California?
Since 2009, the income gap between men and women in Highland, California has narrowed from about 17% to 2% in 2023. In dollar terms, the gap has narrowed by $7,060 since 2009.