Rancho Cordova, California Income Statistics
Rancho Cordova 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
Rancho Cordova Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Rancho Cordova | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $91,574 | $99,161 | $80,455 |
| Median Personal Income | $62,851 | $67,742 | $60,758 |
| Average Yearly Income Growth | 6.7% | 5.6% | 4.8% |
| Six-Figure Earners | 14.3% | 17.6% | 13.9% |
| $200k+ Households | 13.6% | 20.5% | 13.2% |
The median household income in Rancho Cordova is about 8% lower than in California. Income has been growing faster in Rancho Cordova (6.7%/yr) than in California (5.6%/yr).
About 14% of adults in Rancho Cordova 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 Rancho Cordova, California grew by 76.0% from 2009 to 2024, reaching $91,574 in 2024. That's an average of about 6.7% per year.
Rancho Cordova has been above the U.S. median household income in most years since 2009, but dipped below it in 2013 and 2015-2016. In 2024 its income was 14% higher.
Income Distribution in Rancho Cordova
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 12,230 households (45.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 16.4% of households in Rancho Cordova had an income under $35,000 and 25.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Rancho Cordova has a larger share of households earning $100,000 to $149,999 (20.3% vs 17.4%) and a smaller share earning $15,000 to $24,999 (3.8% vs 6.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,555 | 5.8% | 5.1% |
| $10,000 to $14,999 | 572 | 2.1% | 3.5% |
| $15,000 to $24,999 | 1,016 | 3.8% | 6.4% |
| $25,000 to $34,999 | 1,277 | 4.7% | 6.7% |
| $35,000 to $49,999 | 2,197 | 8.2% | 10.1% |
| $50,000 to $74,999 | 4,423 | 16.4% | 15.5% |
| $75,000 to $99,999 | 3,650 | 13.6% | 12.6% |
| $100,000 to $149,999 | 5,458 | 20.3% | 17.4% |
| $150,000 to $199,999 | 3,116 | 11.6% | 9.5% |
| $200,000 or more | 3,655 | 13.6% | 13.2% |
Shares are of all 26,921 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 8,784 residents (14.3% 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 16.8% of residents who have any income.
In 2024, 14.5% of Rancho Cordova residents aged 15 and over reported no personal income, 26.8% had some income but less than $25,000, and 23.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Rancho Cordova has a larger share of residents with no personal income (14.5% vs 12.8%) and a smaller share earning $25,000 to $34,999 (7.9% vs 9.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 8,885 | 14.5% | 12.8% |
| $1 to $9,999 | 6,890 | 11.3% | 11.2% |
| $10,000 to $14,999 | 3,850 | 6.3% | 7.0% |
| $15,000 to $24,999 | 5,684 | 9.3% | 10.5% |
| $25,000 to $34,999 | 4,859 | 7.9% | 9.5% |
| $35,000 to $49,999 | 8,220 | 13.4% | 12.6% |
| $50,000 to $74,999 | 8,356 | 13.6% | 14.3% |
| $75,000 to $99,999 | 5,691 | 9.3% | 8.2% |
| $100,000 or more | 8,784 | 14.3% | 13.9% |
Shares are of the 61,218 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 14.5% 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 Rancho Cordova
| Metric | Rancho Cordova | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.555 | 0.572 | 0.552 |
| Male Median Income | $71,578 | $75,172 | $69,667 |
| Female Median Income | $64,464 | $66,071 | $56,850 |
| Gender Pay Gap | 9.9% | 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 Rancho Cordova, it is 0.555, lower than California's 0.572, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 11% more than women's income in Rancho Cordova, California. Over a 35-year career, a 11% wage gap accumulates to roughly $248,990 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rancho Cordova, California has narrowed from about 16% to 10% in 2024. Over that period the gap was widest at 17% in 2013, and was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $642 since 2009.
Employment
| Metric | Rancho Cordova | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 6.6% | 5.2% |
| Working from Home | 20.4% | 17.2% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 2,721 people are unemployed in Rancho Cordova, California.
The average commute time in Rancho Cordova is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rancho Cordova, California has fallen from 13.5% to 6.9% in 2024. Over that period the rate peaked at 14.5% in 2013 and fell as low as 5.8% in 2022.
Rancho Cordova 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 2022, at 0.5 points higher. The gap has narrowed from 4.8 points in 2011 to 1.7 points in 2024.
Rancho Cordova, CA Wealth Compared With Nearby Cities
How Rancho Cordova, 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. |
|---|---|---|---|---|---|
| Rancho Cordova, CA | 77,906 | $91,574 #2/3 | 6.7%/yr #1/3 | 6.9% #2/3 | 0.555 #3/3 |
| Fair Oaks, CA | 32,617 | $117,596 | 6.1%/yr | 6.0% | 0.512 |
| Carmichael, CA | 76,270 | $88,932 | 5.4%/yr | 7.1% | 0.538 |
Conclusion
Considering all these factors, Rancho Cordova, 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 Rancho Cordova, California.
How Rich Is Rancho Cordova, California?
Rancho Cordova 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 $91,574, about 8% lower than the California average of $99,161.
How fast is household income rising in Rancho Cordova, California?
Between 2009 and 2024, the median household income in Rancho Cordova, California rose 76%, from $52,025 to $91,574. Over the same years, income here outpaced California as a whole: +76% against +64%.
What was the median household income in Rancho Cordova in 2023?
In 2023, the median household income in Rancho Cordova, California was $90,350, up 4% from $86,798 in 2022. The California median that year was $96,718.
What was the median household income in Rancho Cordova in 2020?
In 2020, the median household income in Rancho Cordova, California was $71,183. By 2024 it had risen 29% to $91,574.
What is the Gini coefficient in Rancho Cordova, California?
The Gini coefficient in Rancho Cordova is 0.555. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Rancho Cordova, California?
Since 2009, the income gap between men and women in Rancho Cordova, California has narrowed from about 16% to 10% in 2024. Over that period the gap was widest at 17% in 2013, and was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $642 since 2009.
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