Los Banos, California Income Statistics

Los Banos 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.

  • C
    Los Banos Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Los Banos California Avg US Average
Median Household Income $66,132 $99,161 $80,455
Median Personal Income $52,053 $67,742 $60,758
Average Yearly Income Growth 5.7% 5.6% 4.8%
Six-Figure Earners 8.5% 17.6% 13.9%
$200k+ Households 7.2% 20.5% 13.2%

The median household income in Los Banos is about 33% lower than in California. Income has been growing faster in Los Banos (5.7%/yr) than in California (5.6%/yr).

About 8% of adults in Los Banos 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

Los Banos
United States

Median household income in Los Banos, California grew by 30.6% from 2009 to 2024, reaching $66,132 in 2024. That's an average of about 5.7% per year.

Los Banos has been below the U.S. median household income in most years since 2009, but rose above it in 2019-2022 (as much as 2.6% higher). In 2024 its income was 18% lower.

Year Los Banos United States

Income Distribution in Los Banos

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Los Banos
United States

Income range calculator

About 2,781 households (30.4% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 27.0% of households in Los Banos had an income under $35,000 and 15.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Los Banos has a larger share of households earning $15,000 to $24,999 (9.8% vs 6.4%) and a smaller share earning $200,000 or more (7.2% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 511 5.6% 5.1%
$10,000 to $14,999 307 3.4% 3.5%
$15,000 to $24,999 895 9.8% 6.4%
$25,000 to $34,999 764 8.3% 6.7%
$35,000 to $49,999 1,219 13.3% 10.1%
$50,000 to $74,999 1,388 15.2% 15.5%
$75,000 to $99,999 1,294 14.1% 12.6%
$100,000 to $149,999 1,396 15.2% 17.4%
$150,000 to $199,999 728 8.0% 9.5%
$200,000 or more 656 7.2% 13.2%

Shares are of all 9,159 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Los Banos

Metric Los Banos California Avg US Average
Gini Coefficient 0.613 0.572 0.552
Male Median Income $61,827 $75,172 $69,667
Female Median Income $43,862 $66,071 $56,850
Gender Pay Gap 29.1% 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 Los Banos, it is 0.613, higher than California's 0.572, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 41% more than women's income in Los Banos, California. Over a 35-year career, a 41% wage gap accumulates to roughly $628,775 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Los Banos, California has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 35% in 2023, and was narrowest at 11% in 2017. In dollar terms, the gap has widened by $2,548 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Los Banos California Avg US Average
Unemployment Rate 8.7% 6.6% 5.2%
Working from Home 6.8% 17.2% 15.0%
Commute time (minutes) 58 23 22

Approximately 1,188 people are unemployed in Los Banos, California.

The average commute time in Los Banos is 58 minutes, longer than the 23 minutes in California.

Unemployment Rate Over Time

Los Banos
United States

Since 2011, the unemployment rate in Los Banos, California has fallen from 16.9% to 8.7% in 2024. Over that period the rate peaked at 18.1% in 2013 and fell as low as 7.4% in 2022.

Los Banos has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2022, at 2.0 points higher. The gap has narrowed from 8.2 points in 2011 to 3.5 points in 2024.

Year Los Banos United States

Conclusion

Considering all these factors, Los Banos, California has an overall wealth index grade of C, making it about on par with California, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Los Banos, California.

How Rich Is Los Banos, California?

Los Banos has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,132, about 33% lower than the California average of $99,161.

How fast is household income rising in Los Banos, California?

Between 2009 and 2024, the median household income in Los Banos, California rose 31%, from $50,622 to $66,132. Over the same years, income here lagged behind California as a whole: +31% against +64%.

What was the median household income in Los Banos in 2023?

In 2023, the median household income in Los Banos, California was $70,730, down 7% from $76,462 in 2022. The California median that year was $96,718.

What was the median household income in Los Banos in 2020?

In 2020, the median household income in Los Banos, California was $65,953. By 2024 it was about the same, at $66,132.

Is unemployment high in Los Banos, California?

Unemployment in Los Banos, California is 8.7%, well above the California rate of 6.6%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Los Banos, California?

The Gini coefficient in Los Banos is 0.613. 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 Los Banos, California?

Since 2009, the income gap between men and women in Los Banos, California has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 35% in 2023, and was narrowest at 11% in 2017. In dollar terms, the gap has widened by $2,548 since 2009.

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