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 | Lincoln | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $106,732 | $96,718 | $78,145 |
| Median Personal Income | $85,824 | $68,943 | $61,726 |
| Average income growth | 5.5% | 6.0% | 5.1% |
| Six-Figure Earners | 21.4% | 16.9% | 13.2% |
The median household income in Lincoln is about 10% higher than in California. Income has been growing slower in Lincoln (5.5%/yr) than in California (6.0%/yr).
About 21% of adults in Lincoln 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 Lincoln, California grew by 54.8% from 2009 to 2023, reaching $106,732 in 2023. That's an average of about 5.5% per year.
Economic Inequality in Lincoln | Gender Pay Gap | Gini Coefficient
| Metric | Lincoln | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.596 | 0.570 |
| Male Median Income | $95,983 | $73,016 | $67,746 |
| Female Median Income | $68,292 | $63,704 | $54,793 |
| Gender Pay Gap | 28.9% | 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 Lincoln, it is 0.554, 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 41% more than women's income in Lincoln, California. Over a 35-year career, a 41% wage gap accumulates to roughly $969,185 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lincoln, California has narrowed from about 34% to 29% in 2023. In dollar terms, the gap has widened by $5,115 since 2009.
Employment
| Metric | Lincoln | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 6.4% | 5.2% |
| Working from Home | 18.6% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 822 people are unemployed in Lincoln, California.
The average commute time in Lincoln is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lincoln, California has fallen from 9.0% to 4.7% in 2023.
Conclusion
Considering all these factors, Lincoln, 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 Lincoln, California.
How Rich Is Lincoln, California?
Lincoln 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 $106,732, about 10% higher than the California average of $96,718.
What is the current median household income in Lincoln, California?
As of 2023, the median household income in Lincoln, California is $106,732.
What was the median household income in Lincoln in 2023?
In 2023, the median household income in Lincoln, California was $106,732.
What was the median household income in Lincoln in 2020?
In 2020, the median household income in Lincoln, California was $84,669.
What is the Gini coefficient in Lincoln, California?
The Gini coefficient in Lincoln is 0.554. 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 Lincoln, California?
Since 2009, the income gap between men and women in Lincoln, California has narrowed from about 34% to 29% in 2023. In dollar terms, the gap has widened by $5,115 since 2009.