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 | Vallejo | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $87,185 | $96,718 | $78,145 |
| Median Personal Income | $64,246 | $68,943 | $61,726 |
| Average income growth | 6.1% | 6.0% | 5.1% |
| Six-Figure Earners | 12.0% | 16.9% | 13.2% |
The median household income in Vallejo is about 10% lower than in California. Income has been growing faster in Vallejo (6.1%/yr) than in California (6.0%/yr).
About 12% of adults in Vallejo 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 Vallejo, California grew by 46.7% from 2009 to 2023, reaching $87,185 in 2023. That's an average of about 6.1% per year.
Economic Inequality in Vallejo | Gender Pay Gap | Gini Coefficient
| Metric | Vallejo | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.596 | 0.570 |
| Male Median Income | $67,575 | $73,016 | $67,746 |
| Female Median Income | $61,981 | $63,704 | $54,793 |
| Gender Pay Gap | 8.3% | 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 Vallejo, it is 0.556, 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 9% more than women's income in Vallejo, California. Over a 35-year career, a 9% wage gap accumulates to roughly $195,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Vallejo, California has widened from about 4% to 8% in 2023. In dollar terms, the gap has widened by $3,461 since 2009.
Employment
| Metric | Vallejo | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 6.4% | 5.2% |
| Working from Home | 9.6% | 15.5% | 13.4% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 3,701 people are unemployed in Vallejo, California.
The average commute time in Vallejo is 31 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Vallejo, California has fallen from 12.8% to 6.5% in 2023.
Conclusion
Considering all these factors, Vallejo, California has an overall wealth index grade of C, making it about on par with California, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Vallejo, California.
How Rich Is Vallejo, California?
Vallejo has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $87,185, about 10% lower than the California average of $96,718.
What is the current median household income in Vallejo, California?
As of 2023, the median household income in Vallejo, California is $87,185.
What was the median household income in Vallejo in 2023?
In 2023, the median household income in Vallejo, California was $87,185.
What was the median household income in Vallejo in 2020?
In 2020, the median household income in Vallejo, California was $71,668.
What is the Gini coefficient in Vallejo, California?
The Gini coefficient in Vallejo is 0.556. 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 Vallejo, California?
Since 2009, the income gap between men and women in Vallejo, California has widened from about 4% to 8% in 2023. In dollar terms, the gap has widened by $3,461 since 2009.