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 | Santee | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $107,424 | $96,718 | $78,145 |
| Median Personal Income | $76,913 | $68,943 | $61,726 |
| Average income growth | 4.9% | 6.0% | 5.1% |
| Six-Figure Earners | 18.5% | 16.9% | 13.2% |
The median household income in Santee is about 11% higher than in California. Income has been growing slower in Santee (4.9%/yr) than in California (6.0%/yr).
About 18% of adults in Santee 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 Santee, California grew by 59.0% from 2009 to 2023, reaching $107,424 in 2023. That's an average of about 4.9% per year.
Economic Inequality in Santee | Gender Pay Gap | Gini Coefficient
| Metric | Santee | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.596 | 0.570 |
| Male Median Income | $83,972 | $73,016 | $67,746 |
| Female Median Income | $69,333 | $63,704 | $54,793 |
| Gender Pay Gap | 17.4% | 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 Santee, it is 0.554, 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 21% more than women's income in Santee, California. Over a 35-year career, a 21% wage gap accumulates to roughly $512,365 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Santee, California has narrowed from about 22% to 17% in 2023. In dollar terms, the gap has widened by $2,408 since 2009.
Employment
| Metric | Santee | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.4% | 5.2% |
| Working from Home | 15.3% | 15.5% | 13.4% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 1,508 people are unemployed in Santee, California.
The average commute time in Santee is 25 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Santee, California has fallen from 8.7% to 5.1% in 2023.
Conclusion
Considering all these factors, Santee, California has an overall wealth index grade of B, making it somewhat better than California, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Santee, California.
How Rich Is Santee, California?
Santee has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $107,424, about 11% higher than the California average of $96,718.
What is the current median household income in Santee, California?
As of 2023, the median household income in Santee, California is $107,424.
What was the median household income in Santee in 2023?
In 2023, the median household income in Santee, California was $107,424.
What was the median household income in Santee in 2020?
In 2020, the median household income in Santee, California was $86,815.
What is the Gini coefficient in Santee, California?
The Gini coefficient in Santee is 0.554. 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 Santee, California?
Since 2009, the income gap between men and women in Santee, California has narrowed from about 22% to 17% in 2023. In dollar terms, the gap has widened by $2,408 since 2009.