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 | Sacramento County | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $89,202 | $96,718 | $78,145 |
| Median Personal Income | $66,376 | $68,943 | $61,726 |
| Average income growth | 6.4% | 6.0% | 5.1% |
| Six-Figure Earners | 14.3% | 16.9% | 13.2% |
The median household income in Sacramento County is about 8% lower than in California. Income has been growing faster in Sacramento County (6.4%/yr) than in California (6.0%/yr).
About 14% of adults in Sacramento County earn six figures ($100,000 or more) a year, lower than the California average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Sacramento County, California grew by 56.4% from 2009 to 2023, reaching $89,202 in 2023. That's an average of about 6.4% per year.
Economic Inequality in Sacramento County | Gender Pay Gap | Gini Coefficient
| Metric | Sacramento County | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.575 | 0.596 | 0.570 |
| Male Median Income | $70,354 | $73,016 | $67,746 |
| Female Median Income | $62,250 | $63,704 | $54,793 |
| Gender Pay Gap | 11.5% | 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 Sacramento County, it is 0.575, lower than California's 0.596, so income is more evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 13% more than women's income in Sacramento County, California. Over a 35-year career, a 13% wage gap accumulates to roughly $283,640 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sacramento County, California has narrowed from about 15% to 12% in 2023. In dollar terms, the gap has widened by $505 since 2009.
Employment
| Metric | Sacramento County | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 6.4% | 5.2% |
| Working from Home | 17.3% | 15.5% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 51,531 people are unemployed in Sacramento County, California.
The average commute time in Sacramento County is 23 minutes, about the same as in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sacramento County, California has fallen from 11.7% to 6.4% in 2023.
Conclusion
Considering all these factors, Sacramento County, 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 Sacramento County, California.
How Rich Is Sacramento County, California?
Sacramento County 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 $89,202, about 8% lower than the California average of $96,718.
What is the current median household income in Sacramento County, California?
As of 2023, the median household income in Sacramento County, California is $89,202.
What was the median household income in Sacramento County in 2023?
In 2023, the median household income in Sacramento County, California was $89,202.
What was the median household income in Sacramento County in 2020?
In 2020, the median household income in Sacramento County, California was $70,922.
What is the Gini coefficient in Sacramento County, California?
The Gini coefficient in Sacramento County is 0.575. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Sacramento County, California?
Since 2009, the income gap between men and women in Sacramento County, California has narrowed from about 15% to 12% in 2023. In dollar terms, the gap has widened by $505 since 2009.