Palm Springs, California Income Statistics
Palm Springs 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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C
Palm Springs Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Palm Springs | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,060 | $99,161 | $80,455 |
| Median Personal Income | $67,732 | $67,742 | $60,758 |
| Average Yearly Income Growth | 6.1% | 5.6% | 4.8% |
| Six-Figure Earners | 18.4% | 17.6% | 13.9% |
| $200k+ Households | 14.3% | 20.5% | 13.2% |
The median household income in Palm Springs is about 27% lower than in California. Income has been growing faster in Palm Springs (6.1%/yr) than in California (5.6%/yr).
About 18% of adults in Palm Springs 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 Palm Springs, California grew by 63.1% from 2009 to 2024, reaching $72,060 in 2024. That's an average of about 6.1% per year.
Palm Springs has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2023, at 8.7% lower. The gap has narrowed from 14% in 2009 to 10% in 2024.
Income Distribution in Palm Springs
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 9,730 households (37.6% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 25.9% of households in Palm Springs had an income under $35,000 and 23.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Palm Springs has a larger share of households earning $25,000 to $34,999 (8.6% vs 6.7%) and a smaller share earning $100,000 to $149,999 (14.5% vs 17.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,623 | 6.3% | 5.1% |
| $10,000 to $14,999 | 724 | 2.8% | 3.5% |
| $15,000 to $24,999 | 2,133 | 8.3% | 6.4% |
| $25,000 to $34,999 | 2,223 | 8.6% | 6.7% |
| $35,000 to $49,999 | 2,566 | 9.9% | 10.1% |
| $50,000 to $74,999 | 4,079 | 15.8% | 15.5% |
| $75,000 to $99,999 | 2,768 | 10.7% | 12.6% |
| $100,000 to $149,999 | 3,745 | 14.5% | 17.4% |
| $150,000 to $199,999 | 2,289 | 8.9% | 9.5% |
| $200,000 or more | 3,696 | 14.3% | 13.2% |
Shares are of all 25,846 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).
Residents 15+ by personal income, 2024
Income range calculator
About 8,284 residents (18.4% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 20.4% of residents who have any income.
In 2024, 10.0% of Palm Springs residents aged 15 and over reported no personal income, 26.4% had some income but less than $25,000, and 26.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Palm Springs has a larger share of residents earning $100,000 or more (18.4% vs 13.9%) and a smaller share with no personal income (10.0% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,522 | 10.0% | 12.8% |
| $1 to $9,999 | 3,804 | 8.4% | 11.2% |
| $10,000 to $14,999 | 2,474 | 5.5% | 7.0% |
| $15,000 to $24,999 | 5,601 | 12.4% | 10.5% |
| $25,000 to $34,999 | 5,248 | 11.6% | 9.5% |
| $35,000 to $49,999 | 5,806 | 12.9% | 12.6% |
| $50,000 to $74,999 | 5,660 | 12.6% | 14.3% |
| $75,000 to $99,999 | 3,654 | 8.1% | 8.2% |
| $100,000 or more | 8,284 | 18.4% | 13.9% |
Shares are of the 45,054 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 10.0% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Palm Springs
| Metric | Palm Springs | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.572 | 0.552 |
| Male Median Income | $76,448 | $75,172 | $69,667 |
| Female Median Income | $60,376 | $66,071 | $56,850 |
| Gender Pay Gap | 21.0% | 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 Palm Springs, it is 0.530, 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 27% more than women's income in Palm Springs, California. Over a 35-year career, a 27% wage gap accumulates to roughly $562,520 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Palm Springs, California has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 27% in 2022, and was narrowest at 5% in 2017. In dollar terms, the gap has widened by $6,378 since 2009.
Employment
| Metric | Palm Springs | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 6.6% | 5.2% |
| Working from Home | 24.0% | 17.2% | 15.0% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 1,651 people are unemployed in Palm Springs, California.
The average commute time in Palm Springs is 17 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Palm Springs, California has fallen from 10.4% to 6.9% in 2024. Over that period the rate peaked at 12.5% in 2013.
Palm Springs 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 2024, at 1.7 points higher. The gap has held fairly steady over the period.
Palm Springs, CA Wealth Compared With Nearby Cities
How Palm Springs, 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. |
|---|---|---|---|---|---|
| Palm Springs, CA | 49,341 | $72,060 #2/3 | 6.1%/yr #2/3 | 6.9% #3/3 | 0.530 #1/3 |
| Cathedral City, CA | 45,926 | $75,804 | 7.7%/yr | 6.4% | 0.549 |
| Desert Hot Springs, CA | 26,986 | $51,067 | 5.8%/yr | 6.5% | 0.551 |
Conclusion
Considering all these factors, Palm Springs, 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 Palm Springs, California.
How Rich Is Palm Springs, California?
Palm Springs 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 $72,060, about 27% lower than the California average of $99,161.
How fast is household income rising in Palm Springs, California?
Between 2009 and 2024, the median household income in Palm Springs, California rose 63%, from $44,182 to $72,060. Over the same years, income here kept pace with California as a whole: +63% against +64%.
What was the median household income in Palm Springs in 2023?
In 2023, the median household income in Palm Springs, California was $71,376, up 7% from $66,775 in 2022. The California median that year was $96,718.
What was the median household income in Palm Springs in 2020?
In 2020, the median household income in Palm Springs, California was $56,739. By 2024 it had risen 27% to $72,060.
What is the Gini coefficient in Palm Springs, California?
The Gini coefficient in Palm Springs is 0.530. 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 Palm Springs, California?
The income gap between men and women in Palm Springs, California has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 27% in 2022, and was narrowest at 5% in 2017. In dollar terms, the gap has widened by $6,378 since 2009.
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