Los Gatos, California Income Statistics
Los Gatos 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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A+
Los Gatos Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Los Gatos | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $202,791 | $99,161 | $80,455 |
| Median Personal Income | $132,427 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.4% | 5.6% | 4.8% |
| Six-Figure Earners | 43.4% | 17.6% | 13.9% |
| $200k+ Households | 53.0% | 20.5% | 13.2% |
The median household income in Los Gatos is about 105% higher than in California. Income has been growing slower in Los Gatos (5.4%/yr) than in California (5.6%/yr).
About 43% of adults in Los Gatos 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 Los Gatos, California grew by 64.9% from 2009 to 2024, reaching $202,791 in 2024. That's an average of about 5.4% per year.
Income Inequality and the Gender Pay Gap in Los Gatos
| Metric | Los Gatos | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.499 | 0.572 | 0.552 |
| Male Median Income | $140,916 | $75,172 | $69,667 |
| Female Median Income | $126,771 | $66,071 | $56,850 |
| Gender Pay Gap | 10.0% | 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 Gatos, it is 0.499, lower than California's 0.572, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 11% more than women's income in Los Gatos, California. Over a 35-year career, a 11% wage gap accumulates to roughly $495,075 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Los Gatos, California has narrowed from about 43% to 10% in 2024. In dollar terms, the gap has narrowed by $36,371 since 2009.
Employment
| Metric | Los Gatos | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.6% | 5.2% |
| Working from Home | 32.6% | 17.2% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 829 people are unemployed in Los Gatos, California.
The average commute time in Los Gatos is 26 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Los Gatos, California has fallen from 6.3% to 5.1% in 2024. Over that period the rate peaked at 7.3% in 2012 and fell as low as 3.9% in 2019.
Los Gatos, CA Wealth Compared With Nearby Cities
How Los Gatos, CA compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Los Gatos, CA | 32,480 | $202,791 #2/3 | 5.4%/yr #1/3 | 5.1% #2/3 | 0.499 #1/3 |
| Campbell, CA | 46,259 | $139,034 | 4.4%/yr | 5.7% | 0.512 |
| Saratoga, CA | 28,506 | $208,590 | 2.4%/yr | 3.9% | 0.504 |
Conclusion
Considering all these factors, Los Gatos, 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 Los Gatos, California.
How Rich Is Los Gatos, California?
Los Gatos 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 $202,791, about 105% higher than the California average of $99,161.
Are incomes growing in Los Gatos, California?
Between 2009 and 2024, the median household income in Los Gatos, California rose 65%, from $122,954 to $202,791. Over the same years, income here outpaced California as a whole: +65% against +64%.
What was the median household income in Los Gatos in 2023?
In 2023, the median household income in Los Gatos, California was $202,215, up 1% from $199,341 in 2022. The California median that year was $96,718.
What was the median household income in Los Gatos in 2020?
In 2020, the median household income in Los Gatos, California was $164,106. By 2024 it had risen 24% to $202,791.
Do many residents of Los Gatos, California earn over $100,000?
Yes. 43% of adults in Los Gatos, California earn $100,000 or more a year (about 1 in 2), against 18% (about 1 in 6) in California. 53% of households have a combined income of $200,000 or more, compared with 20% in California.
How strong is the job market in Los Gatos, California?
Unemployment in Los Gatos, California is only 5.1%, 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 Los Gatos, California?
The Gini coefficient in Los Gatos is 0.499. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Los Gatos, California?
Since 2009, the income gap between men and women in Los Gatos, California has narrowed from about 43% to 10% in 2024. In dollar terms, the gap has narrowed by $36,371 since 2009.
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