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 | Ladera Ranch | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $189,679 | $96,718 | $78,145 |
| Median Personal Income | $128,542 | $68,943 | $61,726 |
| Average income growth | 3.9% | 6.0% | 5.1% |
| Six-Figure Earners | 38.7% | 16.9% | 13.2% |
The median household income in Ladera Ranch is about 96% higher than in California. Income has been growing slower in Ladera Ranch (3.9%/yr) than in California (6.0%/yr).
About 39% of adults in Ladera Ranch 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 Ladera Ranch, California grew by 57.5% from 2009 to 2023, reaching $189,679 in 2023. That's an average of about 3.9% per year.
Economic Inequality in Ladera Ranch | Gender Pay Gap | Gini Coefficient
| Metric | Ladera Ranch | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.596 | 0.570 |
| Male Median Income | $133,932 | $73,016 | $67,746 |
| Female Median Income | $116,425 | $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 Ladera Ranch, it is 0.534, 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 Ladera Ranch, California. Over a 35-year career, a 15% wage gap accumulates to roughly $612,745 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ladera Ranch, California has narrowed from about 32% to 13% in 2023. In dollar terms, the gap has narrowed by $14,396 since 2009.
Employment
| Metric | Ladera Ranch | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 6.4% | 5.2% |
| Working from Home | 26.0% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 240 people are unemployed in Ladera Ranch, California.
The average commute time in Ladera Ranch is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ladera Ranch, California has fallen from 4.9% to 2.4% in 2023.
Conclusion
Considering all these factors, Ladera Ranch, California has an overall wealth index grade of A+, making it far better than California, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ladera Ranch, California.
How Rich Is Ladera Ranch, California?
Ladera Ranch has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $189,679, about 96% higher than the California average of $96,718.
What is the current median household income in Ladera Ranch, California?
As of 2023, the median household income in Ladera Ranch, California is $189,679.
What was the median household income in Ladera Ranch in 2023?
In 2023, the median household income in Ladera Ranch, California was $189,679.
What was the median household income in Ladera Ranch in 2020?
In 2020, the median household income in Ladera Ranch, California was $166,793.
What is the Gini coefficient in Ladera Ranch, California?
The Gini coefficient in Ladera Ranch is 0.534. 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 Ladera Ranch, California?
Since 2009, the income gap between men and women in Ladera Ranch, California has narrowed from about 32% to 13% in 2023. In dollar terms, the gap has narrowed by $14,396 since 2009.