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 | Yorba Linda | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $152,713 | $96,718 | $78,145 |
| Median Personal Income | $107,686 | $68,943 | $61,726 |
| Average income growth | 4.0% | 6.0% | 5.1% |
| Six-Figure Earners | 28.9% | 16.9% | 13.2% |
The median household income in Yorba Linda is about 58% higher than in California. Income has been growing slower in Yorba Linda (4.0%/yr) than in California (6.0%/yr).
About 29% of adults in Yorba Linda earn six figures ($100,000 or more) a year, higher than the California average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Yorba Linda, California grew by 37.4% from 2009 to 2023, reaching $152,713 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Yorba Linda | Gender Pay Gap | Gini Coefficient
| Metric | Yorba Linda | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.596 | 0.570 |
| Male Median Income | $116,869 | $73,016 | $67,746 |
| Female Median Income | $91,169 | $63,704 | $54,793 |
| Gender Pay Gap | 22.0% | 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 Yorba Linda, 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 28% more than women's income in Yorba Linda, California. Over a 35-year career, a 28% wage gap accumulates to roughly $899,500 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yorba Linda, California has narrowed from about 33% to 22% in 2023. In dollar terms, the gap has narrowed by $2,228 since 2009.
Employment
| Metric | Yorba Linda | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 6.4% | 5.2% |
| Working from Home | 19.3% | 15.5% | 13.4% |
| Commute time (minutes) | 28 | 23 | 22 |
Approximately 1,288 people are unemployed in Yorba Linda, California.
The average commute time in Yorba Linda is 28 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yorba Linda, California has fallen from 6.1% to 4.1% in 2023.
Conclusion
Considering all these factors, Yorba Linda, California has an overall wealth index grade of A+, making it far better than California, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Yorba Linda, California.
How Rich Is Yorba Linda, California?
Yorba Linda has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $152,713, about 58% higher than the California average of $96,718.
What is the current median household income in Yorba Linda, California?
As of 2023, the median household income in Yorba Linda, California is $152,713.
What was the median household income in Yorba Linda in 2023?
In 2023, the median household income in Yorba Linda, California was $152,713.
What was the median household income in Yorba Linda in 2020?
In 2020, the median household income in Yorba Linda, California was $132,918.
What is the Gini coefficient in Yorba Linda, California?
The Gini coefficient in Yorba Linda 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 Yorba Linda, California?
Since 2009, the income gap between men and women in Yorba Linda, California has narrowed from about 33% to 22% in 2023. In dollar terms, the gap has narrowed by $2,228 since 2009.