Wealth Index
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 | Mountain View | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $184,360 | $96,718 | $78,145 |
| Median Personal Income | $129,720 | $68,943 | $61,726 |
| Average income growth | 7.5% | 6.0% | 5.1% |
| Six-Figure Earners | 44.0% | 16.9% | 13.2% |
The median household income in Mountain View is about 91% higher than in California. Income has been growing faster in Mountain View (7.5%/yr) than in California (6.0%/yr).
About 44% of adults in Mountain View 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 Mountain View, California grew by 110.0% from 2009 to 2023, reaching $184,360 in 2023. That's an average of about 7.5% per year.
Economic Inequality in Mountain View | Gender Pay Gap | Gini Coefficient
| Metric | Mountain View | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.596 | 0.570 |
| Male Median Income | $132,187 | $73,016 | $67,746 |
| Female Median Income | $125,380 | $63,704 | $54,793 |
| Gender Pay Gap | 5.1% | 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 Mountain View, it is 0.506, 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 5% more than women's income in Mountain View, California. Over a 35-year career, a 5% wage gap accumulates to roughly $238,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mountain View, California has narrowed from about 20% to 5% in 2023. In dollar terms, the gap has narrowed by $9,809 since 2009.
Employment
| Metric | Mountain View | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 6.4% | 5.2% |
| Working from Home | 28.3% | 15.5% | 13.4% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 1,664 people are unemployed in Mountain View, California.
The average commute time in Mountain View is 21 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mountain View, California has fallen from 7.2% to 3.5% in 2023.
Conclusion
Considering all these factors, Mountain View, 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 Mountain View, California.
How Rich Is Mountain View, California?
Mountain View 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 $184,360, about 91% higher than the California average of $96,718.
What is the current median household income in Mountain View, California?
As of 2023, the median household income in Mountain View, California is $184,360.
What was the median household income in Mountain View in 2023?
In 2023, the median household income in Mountain View, California was $184,360.
What was the median household income in Mountain View in 2020?
In 2020, the median household income in Mountain View, California was $146,954.
What is the Gini coefficient in Mountain View, California?
The Gini coefficient in Mountain View is 0.506. 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 Mountain View, California?
Since 2009, the income gap between men and women in Mountain View, California has narrowed from about 20% to 5% in 2023. In dollar terms, the gap has narrowed by $9,809 since 2009.