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 Jacinto | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,880 | $96,718 | $78,145 |
| Median Personal Income | $49,947 | $68,943 | $61,726 |
| Average income growth | 7.2% | 6.0% | 5.1% |
| Six-Figure Earners | 6.1% | 16.9% | 13.2% |
The median household income in San Jacinto is about 28% lower than in California. Income has been growing faster in San Jacinto (7.2%/yr) than in California (6.0%/yr).
About 6% of adults in San Jacinto 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 Jacinto, California grew by 71.1% from 2009 to 2023, reaching $69,880 in 2023. That's an average of about 7.2% per year.
Economic Inequality in San Jacinto | Gender Pay Gap | Gini Coefficient
| Metric | San Jacinto | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.608 | 0.596 | 0.570 |
| Male Median Income | $53,099 | $73,016 | $67,746 |
| Female Median Income | $44,088 | $63,704 | $54,793 |
| Gender Pay Gap | 17.0% | 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 Jacinto, it is 0.608, 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.
Men's income is about 20% more than women's income in San Jacinto, California. Over a 35-year career, a 20% wage gap accumulates to roughly $315,385 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 Jacinto, California has narrowed from about 19% to 17% in 2023. In dollar terms, the gap has widened by $944 since 2009.
Employment
| Metric | San Jacinto | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.4% | 6.4% | 5.2% |
| Working from Home | 8.4% | 15.5% | 13.4% |
| Commute time (minutes) | 33 | 23 | 22 |
Approximately 2,105 people are unemployed in San Jacinto, California.
The average commute time in San Jacinto is 33 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Jacinto, California has fallen from 18.1% to 10.4% in 2023.
Conclusion
Considering all these factors, San Jacinto, 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 Jacinto, California.
How Rich Is San Jacinto, California?
San Jacinto 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 $69,880, about 28% lower than the California average of $96,718.
What is the current median household income in San Jacinto, California?
As of 2023, the median household income in San Jacinto, California is $69,880.
What was the median household income in San Jacinto in 2023?
In 2023, the median household income in San Jacinto, California was $69,880.
What was the median household income in San Jacinto in 2020?
In 2020, the median household income in San Jacinto, California was $52,462.
What is the Gini coefficient in San Jacinto, California?
The Gini coefficient in San Jacinto is 0.608. 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 Jacinto, California?
Since 2009, the income gap between men and women in San Jacinto, California has narrowed from about 19% to 17% in 2023. In dollar terms, the gap has widened by $944 since 2009.