Lomita, California Income Statistics
Lomita 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
Lomita Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lomita | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,911 | $99,161 | $80,455 |
| Median Personal Income | $67,306 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.6% | 4.8% |
| Six-Figure Earners | 16.9% | 17.6% | 13.9% |
| $200k+ Households | 19.9% | 20.5% | 13.2% |
The median household income in Lomita is about 3% lower than in California. Income has been growing slower in Lomita (5.5%/yr) than in California (5.6%/yr).
About 17% of adults in Lomita earn six figures ($100,000 or more) a year, lower than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lomita, California grew by 43.2% from 2009 to 2024, reaching $95,911 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Lomita
| Metric | Lomita | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.572 | 0.552 |
| Male Median Income | $70,952 | $75,172 | $69,667 |
| Female Median Income | $73,035 | $66,071 | $56,850 |
| Gender Pay Gap | -2.9% | 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 Lomita, it is 0.566, lower than California's 0.572, so income is more evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Women's income is about 3% more than men's income in Lomita, California. Over a 35-year career, a 3% wage gap accumulates to roughly $72,905 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lomita, California has narrowed from about 16% to -3% in 2024. Over that period the gap was widest at 22% in 2020. In dollar terms, the gap has narrowed by $10,387 since 2009.
Employment
| Metric | Lomita | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 6.6% | 5.2% |
| Working from Home | 11.1% | 17.2% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 517 people are unemployed in Lomita, California.
The average commute time in Lomita is 21 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lomita, California has fallen from 6.5% to 4.6% in 2024. Over that period the rate peaked at 9.0% in 2015 and fell as low as 2.9% in 2021.
Lomita, CA Wealth Compared With Nearby Cities
Lomita, CA is the smallest of the 4 cities compared here, 20,223 residents against a local median of 92,071. Where Lomita, CA breaks from the cities next to it is unemployment, sitting 24% below the local median of 6.0% at 4.6%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 5.5%/yr against a local median of 4.6%/yr, 20% above it. Every measure here with a clear better direction points the same way, so Lomita, CA is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread 2.3% on unemployment, so Lomita, CA sits at one end of an already wide local range rather than apart from it. Lomita, CA has the lowest unemployment of the 4 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. |
|---|---|---|---|---|---|
| Lomita, CA | 20,223 | $95,911 #3/4 | 5.5%/yr #1/4 | 4.6% #1/4 | 0.566 #3/4 |
| West Carson, CA | 22,143 | $93,934 | 4.4%/yr | 5.4% | 0.538 |
| Torrance, CA | 139,758 | $116,831 | 4.6%/yr | 6.0% | 0.537 |
| Carson, CA | 92,071 | $109,874 | 5.2%/yr | 7.7% | 0.570 |
Conclusion
Considering all these factors, Lomita, 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 Lomita, California.
How Rich Is Lomita, California?
Lomita 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 $95,911, about 3% lower than the California average of $99,161.
How fast is household income rising in Lomita, California?
Between 2009 and 2024, the median household income in Lomita, California rose 43%, from $66,982 to $95,911. Over the same years, income here lagged behind California as a whole: +43% against +64%.
What was the median household income in Lomita in 2023?
In 2023, the median household income in Lomita, California was $93,470, up 5% from $89,121 in 2022. The California median that year was $96,718.
What was the median household income in Lomita in 2020?
In 2020, the median household income in Lomita, California was $77,933. By 2024 it had risen 23% to $95,911.
Is unemployment high in Lomita, California?
Unemployment in Lomita, California is only 4.6%, well below the California rate of 6.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Lomita, California?
The Gini coefficient in Lomita is 0.566. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Lomita, California?
Since 2009, the income gap between men and women in Lomita, California has narrowed from about 16% to -3% in 2024. Over that period the gap was widest at 22% in 2020. In dollar terms, the gap has narrowed by $10,387 since 2009.
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