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 Gabriel | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,814 | $96,718 | $78,145 |
| Median Personal Income | $56,044 | $68,943 | $61,726 |
| Average income growth | 7.2% | 6.0% | 5.1% |
| Six-Figure Earners | 11.8% | 16.9% | 13.2% |
The median household income in San Gabriel is about 8% lower than in California. Income has been growing faster in San Gabriel (7.2%/yr) than in California (6.0%/yr).
About 12% of adults in San Gabriel 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 San Gabriel, California grew by 60.2% from 2009 to 2023, reaching $88,814 in 2023. That's an average of about 7.2% per year.
Economic Inequality in San Gabriel | Gender Pay Gap | Gini Coefficient
| Metric | San Gabriel | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.618 | 0.596 | 0.570 |
| Male Median Income | $55,955 | $73,016 | $67,746 |
| Female Median Income | $56,154 | $63,704 | $54,793 |
| Gender Pay Gap | -0.4% | 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 Gabriel, it is 0.618, higher than California's 0.596, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Women's income is about 0% more than men's income in San Gabriel, California.
Income by Sex Over Time
Since 2009, the income gap between men and women in San Gabriel, California has narrowed from about 4% to -0% in 2023. In dollar terms, the gap has narrowed by $1,893 since 2009.
Employment
| Metric | San Gabriel | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.2% | 6.4% | 5.2% |
| Working from Home | 12.1% | 15.5% | 13.4% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 1,345 people are unemployed in San Gabriel, California.
The average commute time in San Gabriel is 26 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Gabriel, California has fallen from 7.3% to 6.2% in 2023.
Conclusion
Considering all these factors, San Gabriel, 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 San Gabriel, California.
How Rich Is San Gabriel, California?
San Gabriel 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 $88,814, about 8% lower than the California average of $96,718.
What is the current median household income in San Gabriel, California?
As of 2023, the median household income in San Gabriel, California is $88,814.
What was the median household income in San Gabriel in 2023?
In 2023, the median household income in San Gabriel, California was $88,814.
What was the median household income in San Gabriel in 2020?
In 2020, the median household income in San Gabriel, California was $70,347.
What is the Gini coefficient in San Gabriel, California?
The Gini coefficient in San Gabriel is 0.618. 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 San Gabriel, California?
Since 2009, the income gap between men and women in San Gabriel, California has narrowed from about 4% to -0% in 2023. In dollar terms, the gap has narrowed by $1,893 since 2009.