Walnut, California Income Statistics
Walnut 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.
-
B
Walnut Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Walnut | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $130,123 | $99,161 | $80,455 |
| Median Personal Income | $72,133 | $67,742 | $60,758 |
| Average Yearly Income Growth | 3.8% | 5.6% | 4.8% |
| Six-Figure Earners | 19.2% | 17.6% | 13.9% |
| $200k+ Households | 27.6% | 20.5% | 13.2% |
The median household income in Walnut is about 31% higher than in California. Income has been growing slower in Walnut (3.8%/yr) than in California (5.6%/yr).
About 19% of adults in Walnut 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 Walnut, California grew by 29.5% from 2009 to 2024, reaching $130,123 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Walnut
| Metric | Walnut | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.572 | 0.552 |
| Male Median Income | $85,660 | $75,172 | $69,667 |
| Female Median Income | $70,426 | $66,071 | $56,850 |
| Gender Pay Gap | 17.8% | 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 Walnut, it is 0.556, lower than California's 0.572, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 22% more than women's income in Walnut, California. Over a 35-year career, a 22% wage gap accumulates to roughly $533,190 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Walnut, California has narrowed from about 23% to 18% in 2024. Over that period the gap was narrowest at 9% in 2022. In dollar terms, the gap has widened by $737 since 2009.
Employment
| Metric | Walnut | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 6.6% | 5.2% |
| Working from Home | 19.6% | 17.2% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 464 people are unemployed in Walnut, California.
The average commute time in Walnut is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Walnut, California has fallen from 5.4% to 3.5% in 2024. Over that period the rate peaked at 8.3% in 2013.
Walnut, CA Wealth Compared With Nearby Cities
Walnut, CA is the smallest of the 4 cities compared here, 27,757 residents against a local median of 51,499. The measure that sets Walnut, CA apart most is unemployment: 3.5%, 48% below the local median of 6.7%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $130,123 against a local median of $101,024, 29% above it. Every measure here with a clear better direction points the same way, so Walnut, CA is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread 1.8% on unemployment, so Walnut, CA sits at one end of an already wide local range rather than apart from it. Walnut, CA has the lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Walnut, CA | 27,757 | $130,123 #1/4 | 3.8%/yr #3/4 | 3.5% #1/4 | 0.556 #2/4 |
| Diamond Bar, CA | 46,382 | $107,781 | 2.5%/yr | 5.0% | 0.571 |
| West Covina, CA | 107,398 | $101,024 | 4.4%/yr | 6.7% | 0.560 |
| Covina, CA | 51,499 | $98,863 | 5.4%/yr | 6.8% | 0.542 |
Conclusion
Considering all these factors, Walnut, 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 Walnut, California.
How Rich Is Walnut, California?
Walnut 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 $130,123, about 31% higher than the California average of $99,161.
How has median household income changed in Walnut, California?
Between 2009 and 2024, the median household income in Walnut, California rose 30%, from $100,452 to $130,123. Over the same years, income here lagged behind California as a whole: +30% against +64%.
What was the median household income in Walnut in 2023?
In 2023, the median household income in Walnut, California was $130,977, up 2% from $128,697 in 2022. The California median that year was $96,718.
What was the median household income in Walnut in 2020?
In 2020, the median household income in Walnut, California was $105,502. By 2024 it had risen 23% to $130,123.
Is it hard to find a job in Walnut, California?
Unemployment in Walnut, California is only 3.5%, 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 Walnut, California?
The Gini coefficient in Walnut is 0.556. 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 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Walnut, California?
Since 2009, the income gap between men and women in Walnut, California has narrowed from about 23% to 18% in 2024. Over that period the gap was narrowest at 9% in 2022. In dollar terms, the gap has widened by $737 since 2009.
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