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 Park | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $56,824 | $96,718 | $78,145 |
| Median Personal Income | $38,652 | $68,943 | $61,726 |
| Average income growth | 6.9% | 6.0% | 5.1% |
| Six-Figure Earners | 2.0% | 16.9% | 13.2% |
The median household income in Huntington Park is about 41% lower than in California. Income has been growing faster in Huntington Park (6.9%/yr) than in California (6.0%/yr).
About 2% of adults in Huntington Park 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 Huntington Park, California grew by 61.1% from 2009 to 2023, reaching $56,824 in 2023. That's an average of about 6.9% per year.
Economic Inequality in Huntington Park | Gender Pay Gap | Gini Coefficient
| Metric | Huntington Park | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.547 | 0.596 | 0.570 |
| Male Median Income | $40,671 | $73,016 | $67,746 |
| Female Median Income | $35,356 | $63,704 | $54,793 |
| Gender Pay Gap | 13.1% | 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 Park, it is 0.547, 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 15% more than women's income in Huntington Park, California. Over a 35-year career, a 15% wage gap accumulates to roughly $186,025 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 Park, California has widened from about 11% to 13% in 2023. In dollar terms, the gap has widened by $2,698 since 2009.
Employment
| Metric | Huntington Park | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.5% | 6.4% | 5.2% |
| Working from Home | 5.5% | 15.5% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 2,628 people are unemployed in Huntington Park, California.
The average commute time in Huntington Park is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Huntington Park, California has fallen from 10.8% to 9.5% in 2023.
Conclusion
Considering all these factors, Huntington Park, California has an overall wealth index grade of F, making it worse than California, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Huntington Park, California.
How Rich Is Huntington Park, California?
Huntington Park has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $56,824, about 41% lower than the California average of $96,718.
What is the current median household income in Huntington Park, California?
As of 2023, the median household income in Huntington Park, California is $56,824.
What was the median household income in Huntington Park in 2023?
In 2023, the median household income in Huntington Park, California was $56,824.
What was the median household income in Huntington Park in 2020?
In 2020, the median household income in Huntington Park, California was $46,881.
What is the Gini coefficient in Huntington Park, California?
The Gini coefficient in Huntington Park is 0.547. 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 Park, California?
Since 2009, the income gap between men and women in Huntington Park, California has widened from about 11% to 13% in 2023. In dollar terms, the gap has widened by $2,698 since 2009.