West Covina, California Income Statistics
West Covina 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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C
West Covina Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | West Covina | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,024 | $99,161 | $80,455 |
| Median Personal Income | $57,165 | $67,742 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.6% | 4.8% |
| Six-Figure Earners | 11.5% | 17.6% | 13.9% |
| $200k+ Households | 17.0% | 20.5% | 13.2% |
The median household income in West Covina is about 2% higher than in California. Income has been growing slower in West Covina (4.4%/yr) than in California (5.6%/yr).
About 11% of adults in West Covina 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 West Covina, California grew by 51.1% from 2009 to 2024, reaching $101,024 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in West Covina
| Metric | West Covina | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.572 | 0.552 |
| Male Median Income | $63,621 | $75,172 | $69,667 |
| Female Median Income | $57,678 | $66,071 | $56,850 |
| Gender Pay Gap | 9.3% | 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 West Covina, it is 0.560, lower than California's 0.572, so income is more 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 10% more than women's income in West Covina, California. Over a 35-year career, a 10% wage gap accumulates to roughly $208,005 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in West Covina, California has narrowed from about 18% to 9% in 2024. Over that period the gap was narrowest at 9% in 2021. In dollar terms, the gap has narrowed by $2,562 since 2009.
Employment
| Metric | West Covina | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.7% | 6.6% | 5.2% |
| Working from Home | 12.7% | 17.2% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 3,755 people are unemployed in West Covina, California.
The average commute time in West Covina is 30 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in West Covina, California has fallen from 10.7% to 6.7% in 2024. Over that period the rate peaked at 13.3% in 2013 and fell as low as 5.6% in 2019.
West Covina, CA Wealth Compared With Nearby Cities
How West Covina, CA compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| West Covina, CA | 107,398 | $101,024 #1/2 | 4.4%/yr #2/2 | 6.7% #1/2 | 0.560 #2/2 |
| Covina, CA | 51,499 | $98,863 | 5.4%/yr | 6.8% | 0.542 |
Conclusion
Considering all these factors, West Covina, 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 West Covina, California.
How Rich Is West Covina, California?
West Covina 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 $101,024, about 2% higher than the California average of $99,161.
How fast is household income rising in West Covina, California?
Between 2009 and 2024, the median household income in West Covina, California rose 51%, from $66,864 to $101,024. Over the same years, income here lagged behind California as a whole: +51% against +64%.
What was the median household income in West Covina in 2023?
In 2023, the median household income in West Covina, California was $97,696, up 2% from $96,196 in 2022. The California median that year was $96,718.
What was the median household income in West Covina in 2020?
In 2020, the median household income in West Covina, California was $85,575. By 2024 it had risen 18% to $101,024.
What is the Gini coefficient in West Covina, California?
The Gini coefficient in West Covina is 0.560. 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 West Covina, California?
Since 2009, the income gap between men and women in West Covina, California has narrowed from about 18% to 9% in 2024. Over that period the gap was narrowest at 9% in 2021. In dollar terms, the gap has narrowed by $2,562 since 2009.
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