Wealth Index
Wealthiest county in California
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 | Marin County | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $143,102 | $96,718 | $78,145 |
| Median Personal Income | $111,556 | $68,943 | $61,726 |
| Average income growth | 5.2% | 6.0% | 5.1% |
| Six-Figure Earners | 32.0% | 16.9% | 13.2% |
The median household income in Marin County is about 48% higher than in California. Income has been growing slower in Marin County (5.2%/yr) than in California (6.0%/yr).
About 32% of adults in Marin County 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 Marin County, California grew by 61.1% from 2009 to 2023, reaching $143,102 in 2023. That's an average of about 5.2% per year.
Economic Inequality in Marin County | Gender Pay Gap | Gini Coefficient
| Metric | Marin County | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.540 | 0.596 | 0.570 |
| Male Median Income | $118,265 | $73,016 | $67,746 |
| Female Median Income | $100,720 | $63,704 | $54,793 |
| Gender Pay Gap | 14.8% | 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 Marin County, it is 0.540, 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 17% more than women's income in Marin County, California. Over a 35-year career, a 17% wage gap accumulates to roughly $614,075 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marin County, California has narrowed from about 20% to 15% in 2023. In dollar terms, the gap has widened by $1,790 since 2009.
Employment
| Metric | Marin County | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 6.4% | 5.2% |
| Working from Home | 27.9% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 8,215 people are unemployed in Marin County, California.
The average commute time in Marin County is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marin County, California has fallen from 6.3% to 6.1% in 2023.
Conclusion
Considering all these factors, Marin County, 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 Marin County, California.
How Rich Is Marin County, California?
Marin County 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 $143,102, about 48% higher than the California average of $96,718.
What is the current median household income in Marin County, California?
As of 2023, the median household income in Marin County, California is $143,102.
What was the median household income in Marin County in 2023?
In 2023, the median household income in Marin County, California was $143,102.
What was the median household income in Marin County in 2020?
In 2020, the median household income in Marin County, California was $121,822.
What is the Gini coefficient in Marin County, California?
The Gini coefficient in Marin County is 0.540. 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 Marin County, California?
Since 2009, the income gap between men and women in Marin County, California has narrowed from about 20% to 15% in 2023. In dollar terms, the gap has widened by $1,790 since 2009.