Soledad, California Income Statistics
Soledad 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.
-
F
Soledad Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Soledad | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $89,626 | $99,161 | $80,455 |
| Median Personal Income | $42,795 | $67,742 | $60,758 |
| Average Yearly Income Growth | 3.5% | 5.6% | 4.8% |
| Six-Figure Earners | 4.5% | 17.6% | 13.9% |
| $200k+ Households | 11.2% | 20.5% | 13.2% |
The median household income in Soledad is about 10% lower than in California. Income has been growing slower in Soledad (3.5%/yr) than in California (5.6%/yr).
About 4% of adults in Soledad earn six figures ($100,000 or more) a year, lower than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Soledad, California grew by 48.2% from 2009 to 2024, reaching $89,626 in 2024. That's an average of about 3.5% per year.
Soledad has been above the U.S. median household income in most years since 2009, but dipped below it in 2020-2021 (as much as 12% lower). In 2024 its income was 11% higher.
Income Distribution in Soledad
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 1,885 households (43.7% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 15.8% of households in Soledad had an income under $35,000 and 23.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Soledad has a larger share of households earning $150,000 to $199,999 (12.5% vs 9.5%) and a smaller share earning $15,000 to $24,999 (2.8% vs 6.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 135 | 3.1% | 5.1% |
| $10,000 to $14,999 | 163 | 3.8% | 3.5% |
| $15,000 to $24,999 | 119 | 2.8% | 6.4% |
| $25,000 to $34,999 | 262 | 6.1% | 6.7% |
| $35,000 to $49,999 | 555 | 12.9% | 10.1% |
| $50,000 to $74,999 | 540 | 12.5% | 15.5% |
| $75,000 to $99,999 | 651 | 15.1% | 12.6% |
| $100,000 to $149,999 | 865 | 20.1% | 17.4% |
| $150,000 to $199,999 | 538 | 12.5% | 9.5% |
| $200,000 or more | 482 | 11.2% | 13.2% |
Shares are of all 4,311 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 878 residents (4.5% 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 6.7% of residents who have any income.
In 2024, 32.5% of Soledad residents aged 15 and over reported no personal income, 31.8% had some income but less than $25,000, and 10.3% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Soledad has a larger share of residents with no personal income (32.5% vs 12.8%) and a smaller share earning $100,000 or more (4.5% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 6,341 | 32.5% | 12.8% |
| $1 to $9,999 | 2,964 | 15.2% | 11.2% |
| $10,000 to $14,999 | 1,405 | 7.2% | 7.0% |
| $15,000 to $24,999 | 1,841 | 9.4% | 10.5% |
| $25,000 to $34,999 | 1,339 | 6.9% | 9.5% |
| $35,000 to $49,999 | 2,089 | 10.7% | 12.6% |
| $50,000 to $74,999 | 1,545 | 7.9% | 14.3% |
| $75,000 to $99,999 | 1,139 | 5.8% | 8.2% |
| $100,000 or more | 878 | 4.5% | 13.9% |
Shares are of the 19,540 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 32.5% 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 Soledad
| Metric | Soledad | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.676 | 0.572 | 0.552 |
| Male Median Income | $48,417 | $75,172 | $69,667 |
| Female Median Income | $48,256 | $66,071 | $56,850 |
| Gender Pay Gap | 0.3% | 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 Soledad, it is 0.676, higher than California's 0.572, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 0% more than women's income in Soledad, California.
Income by Sex Over Time
Since 2009, the income gap between men and women in Soledad, California has narrowed from about 3% to 0% in 2024. Over that period the gap was widest at 9% in 2014, and in 2017 women out-earned men by 157%. In dollar terms, the gap has narrowed by $790 since 2009.
Employment
| Metric | Soledad | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 6.6% | 5.2% |
| Working from Home | 3.8% | 17.2% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 219 people are unemployed in Soledad, California.
The average commute time in Soledad is 27 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Soledad, California has fallen from 13.3% to 2.8% in 2024. Over that period the rate fell as low as 2.0% in 2020.
Soledad started 4.6 points above the U.S. unemployment rate in 2011 but had dropped below it by 2018, and has not been above it since. In 2024 its rate was 2.4 points lower.
Conclusion
Considering all these factors, Soledad, California has an overall wealth index grade of F, making it worse than California, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Soledad, California.
How Rich Is Soledad, California?
Soledad has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $89,626, about 10% lower than the California average of $99,161.
Are incomes growing in Soledad, California?
Between 2009 and 2024, the median household income in Soledad, California rose 48%, from $60,487 to $89,626. Over the same years, income here lagged behind California as a whole: +48% against +64%.
What was the median household income in Soledad in 2023?
In 2023, the median household income in Soledad, California was $82,904, up 11% from $74,711 in 2022. The California median that year was $96,718.
What was the median household income in Soledad in 2020?
In 2020, the median household income in Soledad, California was $62,033. By 2024 it had risen 44% to $89,626.
How strong is the job market in Soledad, California?
Unemployment in Soledad, California is only 2.8%, 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 Soledad, California?
The Gini coefficient in Soledad is 0.676. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Soledad, California?
Since 2009, the income gap between men and women in Soledad, California has narrowed from about 3% to 0% in 2024. Over that period the gap was widest at 9% in 2014, and in 2017 women out-earned men by 157%. In dollar terms, the gap has narrowed by $790 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →