Milpitas, California Income Statistics
Milpitas 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.
-
A
Milpitas Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Milpitas | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $181,422 | $99,161 | $80,455 |
| Median Personal Income | $110,937 | $67,742 | $60,758 |
| Average Yearly Income Growth | 6.8% | 5.6% | 4.8% |
| Six-Figure Earners | 31.9% | 17.6% | 13.9% |
| $200k+ Households | 44.5% | 20.5% | 13.2% |
The median household income in Milpitas is about 83% higher than in California. Income has been growing faster in Milpitas (6.8%/yr) than in California (5.6%/yr).
About 32% of adults in Milpitas 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 Milpitas, California grew by 95.8% from 2009 to 2024, reaching $181,422 in 2024. That's an average of about 6.8% per year.
Income Inequality and the Gender Pay Gap in Milpitas
| Metric | Milpitas | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.545 | 0.572 | 0.552 |
| Male Median Income | $122,101 | $75,172 | $69,667 |
| Female Median Income | $93,726 | $66,071 | $56,850 |
| Gender Pay Gap | 23.2% | 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 Milpitas, it is 0.545, 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 30% more than women's income in Milpitas, California. Over a 35-year career, a 30% wage gap accumulates to roughly $993,125 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Milpitas, California has stayed about the same since 2009, at around 23%. Over that period the gap was widest at 30% in 2018, and was narrowest at 21% in 2011. In dollar terms, the gap has widened by $13,738 since 2009.
Employment
| Metric | Milpitas | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 6.6% | 5.2% |
| Working from Home | 25.2% | 17.2% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 1,711 people are unemployed in Milpitas, California.
The average commute time in Milpitas is 22 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Milpitas, California has fallen from 7.4% to 4.0% in 2024. Over that period the rate peaked at 8.9% in 2013 and fell as low as 3.7% in 2019.
Milpitas, CA Wealth Compared With Nearby Cities
How Milpitas, CA compares with the 1 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. |
|---|---|---|---|---|---|
| Milpitas, CA | 77,242 | $181,422 #1/2 | 6.8%/yr #2/2 | 4.0% #1/2 | 0.545 #2/2 |
| Santa Clara, CA | 127,362 | $179,943 | 7.2%/yr | 4.9% | 0.504 |
Conclusion
Considering all these factors, Milpitas, California has an overall wealth index grade of A, making it notably better than California, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Milpitas, California.
How Rich Is Milpitas, California?
Milpitas 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 residents are much better off than the U.S. average. The median household income is $181,422, about 83% higher than the California average of $99,161.
How has median household income changed in Milpitas, California?
Between 2009 and 2024, the median household income in Milpitas, California rose 96%, from $92,679 to $181,422. Over the same years, income here outpaced California as a whole: +96% against +64%.
What was the median household income in Milpitas in 2023?
In 2023, the median household income in Milpitas, California was $181,247, up 6% from $171,065 in 2022. The California median that year was $96,718.
What was the median household income in Milpitas in 2020?
In 2020, the median household income in Milpitas, California was $140,530. By 2024 it had risen 29% to $181,422.
Is Milpitas, California a high-income area?
Yes. 32% of adults in Milpitas, California earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 6) in California. 45% of households have a combined income of $200,000 or more, compared with 20% in California.
How strong is the job market in Milpitas, California?
Unemployment in Milpitas, California is only 4.0%, 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 Milpitas, California?
The Gini coefficient in Milpitas is 0.545. 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 Milpitas, California?
The income gap between men and women in Milpitas, California has stayed about the same since 2009, at around 23%. Over that period the gap was widest at 30% in 2018, and was narrowest at 21% in 2011. In dollar terms, the gap has widened by $13,738 since 2009.
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