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 | Huntington Beach | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $119,397 | $96,718 | $78,145 |
| Median Personal Income | $91,214 | $68,943 | $61,726 |
| Average income growth | 4.9% | 6.0% | 5.1% |
| Six-Figure Earners | 25.2% | 16.9% | 13.2% |
The median household income in Huntington Beach is about 23% higher than in California. Income has been growing slower in Huntington Beach (4.9%/yr) than in California (6.0%/yr).
About 25% of adults in Huntington Beach earn six figures ($100,000 or more) a year, higher than the California average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Huntington Beach, California grew by 49.8% from 2009 to 2023, reaching $119,397 in 2023. That's an average of about 4.9% per year.
Economic Inequality in Huntington Beach | Gender Pay Gap | Gini Coefficient
| Metric | Huntington Beach | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.553 | 0.596 | 0.570 |
| Male Median Income | $99,364 | $73,016 | $67,746 |
| Female Median Income | $80,933 | $63,704 | $54,793 |
| Gender Pay Gap | 18.5% | 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 Huntington Beach, it is 0.553, lower than California's 0.596, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 23% more than women's income in Huntington Beach, California. Over a 35-year career, a 23% wage gap accumulates to roughly $645,085 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Huntington Beach, California has narrowed from about 23% to 19% in 2023. In dollar terms, the gap has widened by $2,460 since 2009.
Employment
| Metric | Huntington Beach | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 6.4% | 5.2% |
| Working from Home | 19.3% | 15.5% | 13.4% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 5,628 people are unemployed in Huntington Beach, California.
The average commute time in Huntington Beach is 27 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Huntington Beach, California has fallen from 8.0% to 5.4% in 2023.
Conclusion
Considering all these factors, Huntington Beach, 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 Huntington Beach, California.
How Rich Is Huntington Beach, California?
Huntington Beach 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 $119,397, about 23% higher than the California average of $96,718.
What is the current median household income in Huntington Beach, California?
As of 2023, the median household income in Huntington Beach, California is $119,397.
What was the median household income in Huntington Beach in 2023?
In 2023, the median household income in Huntington Beach, California was $119,397.
What was the median household income in Huntington Beach in 2020?
In 2020, the median household income in Huntington Beach, California was $97,240.
What is the Gini coefficient in Huntington Beach, California?
The Gini coefficient in Huntington Beach is 0.553. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Huntington Beach, California?
Since 2009, the income gap between men and women in Huntington Beach, California has narrowed from about 23% to 19% in 2023. In dollar terms, the gap has widened by $2,460 since 2009.