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 | San Clemente | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $136,740 | $96,718 | $78,145 |
| Median Personal Income | $108,398 | $68,943 | $61,726 |
| Average income growth | 6.1% | 6.0% | 5.1% |
| Six-Figure Earners | 29.5% | 16.9% | 13.2% |
The median household income in San Clemente is about 41% higher than in California. Income has been growing faster in San Clemente (6.1%/yr) than in California (6.0%/yr).
About 30% of adults in San Clemente 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 San Clemente, California grew by 61.1% from 2009 to 2023, reaching $136,740 in 2023. That's an average of about 6.1% per year.
Economic Inequality in San Clemente | Gender Pay Gap | Gini Coefficient
| Metric | San Clemente | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.550 | 0.596 | 0.570 |
| Male Median Income | $118,619 | $73,016 | $67,746 |
| Female Median Income | $90,387 | $63,704 | $54,793 |
| Gender Pay Gap | 23.8% | 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 San Clemente, it is 0.550, 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 31% more than women's income in San Clemente, California. Over a 35-year career, a 31% wage gap accumulates to roughly $988,120 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in San Clemente, California has narrowed from about 37% to 24% in 2023. In dollar terms, the gap has widened by $1 since 2009.
Employment
| Metric | San Clemente | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.4% | 5.2% |
| Working from Home | 21.3% | 15.5% | 13.4% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 1,554 people are unemployed in San Clemente, California.
The average commute time in San Clemente is 25 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Clemente, California has fallen from 6.7% to 5.1% in 2023.
Conclusion
Considering all these factors, San Clemente, California has an overall wealth index grade of A, making it notably better than California, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in San Clemente, California.
How Rich Is San Clemente, California?
San Clemente 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 residents are much better off than the U.S. average. The median household income is $136,740, about 41% higher than the California average of $96,718.
What is the current median household income in San Clemente, California?
As of 2023, the median household income in San Clemente, California is $136,740.
What was the median household income in San Clemente in 2023?
In 2023, the median household income in San Clemente, California was $136,740.
What was the median household income in San Clemente in 2020?
In 2020, the median household income in San Clemente, California was $112,095.
What is the Gini coefficient in San Clemente, California?
The Gini coefficient in San Clemente is 0.550. 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 San Clemente, California?
Since 2009, the income gap between men and women in San Clemente, California has narrowed from about 37% to 24% in 2023. In dollar terms, the gap has widened by $1 since 2009.