Simi Valley, California Income Statistics
Simi Valley Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Simi Valley Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Simi Valley | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $117,960 | $99,161 | $80,455 |
| Median Personal Income | $76,649 | $67,742 | $60,758 |
| Average Yearly Income Growth | 3.7% | 5.6% | 4.8% |
| Six-Figure Earners | 20.1% | 17.6% | 13.9% |
| $200k+ Households | 23.7% | 20.5% | 13.2% |
The median household income in Simi Valley is about 19% higher than in California. Income has been growing slower in Simi Valley (3.7%/yr) than in California (5.6%/yr).
About 20% of adults in Simi Valley earn six figures ($100,000 or more) a year, higher than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Simi Valley, California grew by 36.1% from 2009 to 2024, reaching $117,960 in 2024. That's an average of about 3.7% per year.
Simi Valley has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2021, its income was 45% higher. The gap has narrowed from 70% in 2009 to 47% in 2024.
Income Distribution in Simi Valley
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 21,864 households (58.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 12.5% of households in Simi Valley had an income under $35,000 and 37.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Simi Valley has a larger share of households earning $200,000 or more (23.7% vs 13.2%) and a smaller share earning $50,000 to $74,999 (10.7% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,179 | 3.1% | 5.1% |
| $10,000 to $14,999 | 544 | 1.4% | 3.5% |
| $15,000 to $24,999 | 1,171 | 3.1% | 6.4% |
| $25,000 to $34,999 | 1,800 | 4.8% | 6.7% |
| $35,000 to $49,999 | 2,754 | 7.3% | 10.1% |
| $50,000 to $74,999 | 4,026 | 10.7% | 15.5% |
| $75,000 to $99,999 | 4,352 | 11.5% | 12.6% |
| $100,000 to $149,999 | 7,799 | 20.7% | 17.4% |
| $150,000 to $199,999 | 5,130 | 13.6% | 9.5% |
| $200,000 or more | 8,936 | 23.7% | 13.2% |
Shares are of all 37,691 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 18,050 residents (20.1% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 23.2% of residents who have any income.
In 2024, 13.4% of Simi Valley residents aged 15 and over reported no personal income, 24.6% had some income but less than $25,000, and 29.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Simi Valley has a larger share of residents earning $100,000 or more (20.1% vs 13.9%) and a smaller share earning $1 to $9,999 (9.4% vs 11.2%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 12,078 | 13.4% | 12.8% |
| $1 to $9,999 | 8,449 | 9.4% | 11.2% |
| $10,000 to $14,999 | 5,546 | 6.2% | 7.0% |
| $15,000 to $24,999 | 8,112 | 9.0% | 10.5% |
| $25,000 to $34,999 | 7,170 | 8.0% | 9.5% |
| $35,000 to $49,999 | 9,757 | 10.8% | 12.6% |
| $50,000 to $74,999 | 12,223 | 13.6% | 14.3% |
| $75,000 to $99,999 | 8,627 | 9.6% | 8.2% |
| $100,000 or more | 18,050 | 20.1% | 13.9% |
Shares are of the 90,012 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 13.4% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Simi Valley
| Metric | Simi Valley | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.572 | 0.552 |
| Male Median Income | $86,004 | $75,172 | $69,667 |
| Female Median Income | $71,999 | $66,071 | $56,850 |
| Gender Pay Gap | 16.3% | 12.1% | 18.4% |
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 Simi Valley, it is 0.544, lower than California's 0.572, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Simi Valley, California. Over a 35-year career, a 19% wage gap accumulates to roughly $490,175 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Simi Valley, California has narrowed from about 27% to 16% in 2024. Over that period the gap was narrowest at 12% in 2023. In dollar terms, the gap has narrowed by $2,842 since 2009.
Employment
| Metric | Simi Valley | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 6.6% | 5.2% |
| Working from Home | 18.6% | 17.2% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 2,955 people are unemployed in Simi Valley, California.
The average commute time in Simi Valley is 25 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Simi Valley, California has fallen from 6.9% to 5.0% in 2024. Over that period the rate peaked at 8.7% in 2013 and fell as low as 4.3% in 2022.
Simi Valley has stayed below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. The gap has narrowed from 1.8 points in 2011 to 0.2 points in 2024, the closest it has been.
Conclusion
Considering all these factors, Simi Valley, 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 Simi Valley, California.
How Rich Is Simi Valley, California?
Simi Valley 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 $117,960, about 19% higher than the California average of $99,161.
Are incomes growing in Simi Valley, California?
Between 2009 and 2024, the median household income in Simi Valley, California rose 36%, from $86,675 to $117,960. Over the same years, income here lagged behind California as a whole: +36% against +64%.
What was the median household income in Simi Valley in 2023?
In 2023, the median household income in Simi Valley, California was $113,326, up 3% from $109,788 in 2022. The California median that year was $96,718.
What was the median household income in Simi Valley in 2020?
In 2020, the median household income in Simi Valley, California was $96,758. By 2024 it had risen 22% to $117,960.
Is it hard to find a job in Simi Valley, California?
Unemployment in Simi Valley, California is only 5.0%, well below the California rate of 6.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Simi Valley, California?
The Gini coefficient in Simi Valley is 0.544. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Simi Valley, California?
Since 2009, the income gap between men and women in Simi Valley, California has narrowed from about 27% to 16% in 2024. Over that period the gap was narrowest at 12% in 2023. In dollar terms, the gap has narrowed by $2,842 since 2009.
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