La Verne, California Income Statistics
La Verne 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
La Verne Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | La Verne | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $104,718 | $99,161 | $80,455 |
| Median Personal Income | $83,077 | $67,742 | $60,758 |
| Average Yearly Income Growth | 4.1% | 5.6% | 4.8% |
| Six-Figure Earners | 20.5% | 17.6% | 13.9% |
| $200k+ Households | 21.0% | 20.5% | 13.2% |
The median household income in La Verne is about 6% higher than in California. Income has been growing slower in La Verne (4.1%/yr) than in California (5.6%/yr).
About 21% of adults in La Verne 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 La Verne, California grew by 44.0% from 2009 to 2024, reaching $104,718 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in La Verne
| Metric | La Verne | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.548 | 0.572 | 0.552 |
| Male Median Income | $89,772 | $75,172 | $69,667 |
| Female Median Income | $83,561 | $66,071 | $56,850 |
| Gender Pay Gap | 6.9% | 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 La Verne, it is 0.548, lower than California's 0.572, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 7% more than women's income in La Verne, California. Over a 35-year career, a 7% wage gap accumulates to roughly $217,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in La Verne, California has narrowed from about 30% to 7% in 2024. In dollar terms, the gap has narrowed by $12,534 since 2009.
Employment
| Metric | La Verne | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.0% | 6.6% | 5.2% |
| Working from Home | 22.9% | 17.2% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 1,034 people are unemployed in La Verne, California.
The average commute time in La Verne is 27 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in La Verne, California has fallen from 9.2% to 7.0% in 2024. Over that period the rate peaked at 9.5% in 2012 and fell as low as 6.3% in 2022.
La Verne, CA Wealth Compared With Nearby Cities
La Verne, CA is the smallest of the 6 cities compared here, 29,835 residents against a local median of 38,094. La Verne, CA's unemployment, at 7.0%, runs 20% above the 5.9% typical of the cities around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.1%/yr against a local median of 4.9%/yr, 17% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: La Verne, CA reads weaker than its neighbours on all of them. The cities themselves spread 2.0% on unemployment, so La Verne, CA sits at one end of an already wide local range rather than apart from it. La Verne, CA has the 6th lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| La Verne, CA | 29,835 | $104,718 #4/6 | 4.1%/yr #5/6 | 7.0% #6/6 | 0.548 #1/6 |
| San Dimas, CA | 34,372 | $109,442 | 3.9%/yr | 4.6% | 0.550 |
| Claremont, CA | 36,112 | $123,706 | 4.3%/yr | 4.9% | 0.582 |
| Pomona, CA | 148,496 | $80,439 | 5.9%/yr | 6.6% | 0.581 |
| Glendora, CA | 51,981 | $113,459 | 4.9%/yr | 5.9% | 0.574 |
| Montclair, CA | 38,094 | $78,858 | 6.0%/yr | 6.4% | 0.588 |
Conclusion
Considering all these factors, La Verne, 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 La Verne, California.
How Rich Is La Verne, California?
La Verne 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 $104,718, about 6% higher than the California average of $99,161.
How has median household income changed in La Verne, California?
Between 2009 and 2024, the median household income in La Verne, California rose 44%, from $72,704 to $104,718. Over the same years, income here lagged behind California as a whole: +44% against +64%.
What was the median household income in La Verne in 2023?
In 2023, the median household income in La Verne, California was $104,091, up 2% from $102,166 in 2022. The California median that year was $96,718.
What was the median household income in La Verne in 2020?
In 2020, the median household income in La Verne, California was $93,752. By 2024 it had risen 12% to $104,718.
What is the Gini coefficient in La Verne, California?
The Gini coefficient in La Verne is 0.548. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in La Verne, California?
Since 2009, the income gap between men and women in La Verne, California has narrowed from about 30% to 7% in 2024. In dollar terms, the gap has narrowed by $12,534 since 2009.
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