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 | Tulare | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,314 | $96,718 | $78,145 |
| Median Personal Income | $49,188 | $68,943 | $61,726 |
| Average income growth | 6.1% | 6.0% | 5.1% |
| Six-Figure Earners | 5.9% | 16.9% | 13.2% |
The median household income in Tulare is about 31% lower than in California. Income has been growing faster in Tulare (6.1%/yr) than in California (6.0%/yr).
About 6% of adults in Tulare 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 Tulare, California grew by 55.9% from 2009 to 2023, reaching $66,314 in 2023. That's an average of about 6.1% per year.
Economic Inequality in Tulare | Gender Pay Gap | Gini Coefficient
| Metric | Tulare | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.573 | 0.596 | 0.570 |
| Male Median Income | $52,763 | $73,016 | $67,746 |
| Female Median Income | $44,475 | $63,704 | $54,793 |
| Gender Pay Gap | 15.7% | 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 Tulare, it is 0.573, lower than California's 0.596, so income is more evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 19% more than women's income in Tulare, California. Over a 35-year career, a 19% wage gap accumulates to roughly $290,080 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tulare, California has narrowed from about 21% to 16% in 2023. In dollar terms, the gap has widened by $518 since 2009.
Employment
| Metric | Tulare | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.2% | 6.4% | 5.2% |
| Working from Home | 4.5% | 15.5% | 13.4% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 2,036 people are unemployed in Tulare, California.
The average commute time in Tulare is 18 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tulare, California has fallen from 10.3% to 8.2% in 2023.
Conclusion
Considering all these factors, Tulare, California has an overall wealth index grade of D, making it somewhat worse than California, and somewhat worse than the country as a whole.
Tulare, CA Wealth Compared With Nearby Cities
How Tulare, CA compares with the 1 cities closest to it.
| Area | Population | Median household income | Unemployment | Income inequality |
|---|---|---|---|---|
| Tulare, CA | 54,782 | $66,314 #2/2 | 8.2% #2/2 | 0.6 #1/2 |
| Visalia, CA | 112,968 | $78,923 | 6.1% | 0.6 |
Frequently Asked Questions
Common questions about income and wealth in Tulare, California.
How Rich Is Tulare, California?
Tulare 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 $66,314, about 31% lower than the California average of $96,718.
What is the current median household income in Tulare, California?
As of 2023, the median household income in Tulare, California is $66,314.
What was the median household income in Tulare in 2023?
In 2023, the median household income in Tulare, California was $66,314.
What was the median household income in Tulare in 2020?
In 2020, the median household income in Tulare, California was $54,226.
What is the Gini coefficient in Tulare, California?
The Gini coefficient in Tulare is 0.573. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Tulare, California?
Since 2009, the income gap between men and women in Tulare, California has narrowed from about 21% to 16% in 2023. In dollar terms, the gap has widened by $518 since 2009.