Pico Rivera, California Income Statistics
Pico Rivera 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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D
Pico Rivera Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pico Rivera | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,509 | $99,161 | $80,455 |
| Median Personal Income | $50,575 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.6% | 4.8% |
| Six-Figure Earners | 7.3% | 17.6% | 13.9% |
| $200k+ Households | 13.6% | 20.5% | 13.2% |
The median household income in Pico Rivera is about 11% lower than in California. Income has been growing slower in Pico Rivera (5.3%/yr) than in California (5.6%/yr).
About 7% of adults in Pico Rivera earn six figures ($100,000 or more) a year, lower than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Pico Rivera, California grew by 53.0% from 2009 to 2024, reaching $88,509 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Pico Rivera
| Metric | Pico Rivera | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.573 | 0.572 | 0.552 |
| Male Median Income | $58,814 | $75,172 | $69,667 |
| Female Median Income | $52,288 | $66,071 | $56,850 |
| Gender Pay Gap | 11.1% | 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 Pico Rivera, it is 0.573, about the same as California's 0.572, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 12% more than women's income in Pico Rivera, California. Over a 35-year career, a 12% wage gap accumulates to roughly $228,410 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Pico Rivera, California has stayed about the same since 2009, at around 11%. Over that period the gap was widest at 18% in 2020, and was narrowest at 3% in 2015. In dollar terms, the gap has widened by $2,615 since 2009.
Employment
| Metric | Pico Rivera | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.6% | 5.2% |
| Working from Home | 8.7% | 17.2% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 1,510 people are unemployed in Pico Rivera, California.
The average commute time in Pico Rivera is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pico Rivera, California has fallen from 8.4% to 5.1% in 2024. Over that period the rate peaked at 11.6% in 2014 and fell as low as 3.9% in 2020.
Pico Rivera, CA Wealth Compared With Nearby Cities
Pico Rivera, CA is the 2nd largest of the 4 cities compared here, 61,353 residents against a local median of 23,021. Pico Rivera, CA's income growth, at 5.3%/yr, runs 21% below the 6.7%/yr typical of the cities around it. That is the weaker end of the local range on this measure.
The cities themselves spread 1.8%/yr on income growth, so Pico Rivera, CA sits at one end of an already wide local range rather than apart from it. Pico Rivera, CA has the 3rd highest income growth of the 4 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Pico Rivera, CA | 61,353 | $88,509 #3/4 | 5.3%/yr #3/4 | 5.1% #3/4 | 0.573 #3/4 |
| West Whittier-Los Nietos, CA | 23,021 | $102,678 | 6.7%/yr | 4.5% | 0.558 |
| Montebello, CA | 61,415 | $80,094 | 6.9%/yr | 7.2% | 0.561 |
| Santa Fe Springs, CA | 22,478 | $88,678 | 5.1%/yr | 4.7% | 0.599 |
Conclusion
Considering all these factors, Pico Rivera, California has an overall wealth index grade of D, making it somewhat worse than California, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pico Rivera, California.
How Rich Is Pico Rivera, California?
Pico Rivera has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $88,509, about 11% lower than the California average of $99,161.
Are incomes growing in Pico Rivera, California?
Between 2009 and 2024, the median household income in Pico Rivera, California rose 53%, from $57,844 to $88,509. Over the same years, income here lagged behind California as a whole: +53% against +64%.
What was the median household income in Pico Rivera in 2023?
In 2023, the median household income in Pico Rivera, California was $87,555, up 6% from $82,489 in 2022. The California median that year was $96,718.
What was the median household income in Pico Rivera in 2020?
In 2020, the median household income in Pico Rivera, California was $70,593. By 2024 it had risen 25% to $88,509.
How strong is the job market in Pico Rivera, California?
Unemployment in Pico Rivera, 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 Pico Rivera, California?
The Gini coefficient in Pico Rivera is 0.573. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Pico Rivera, California?
The income gap between men and women in Pico Rivera, California has stayed about the same since 2009, at around 11%. Over that period the gap was widest at 18% in 2020, and was narrowest at 3% in 2015. In dollar terms, the gap has widened by $2,615 since 2009.
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