Search results
Results From The WOW.Com Content Network
The following is a list of California locations by income. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average. Though somewhat counterintuitive, this implies that counties and ...
Personal income is estimated before the deduction of personal income taxes and other personal taxes and is reported in current dollars (no adjustment is made for price changes). [2] Per Capita Personal Income (PCPI) is a more inclusive estimate of the average standard of living of citizens and residents in the U.S. than measures of per capita ...
Per Capita Personal Income (PCPI) is a more inclusive estimate of the average standard of living of residents in the U.S. than measures of per capita income. PCPI "includes wages, benefits, proprietor income, dividends, interest, rent, and transfer payments" such as Social Security, veteran's benefits, farm subsidies, welfare, and food stamps. [3]
The median annual income was $89,393, and those in the bottom 20% earned $18,694 a year on average. New Jersey came in second place with the top 5% of earners making an average of $505,621 annually.
California's income distribution is quite broad compared to the country's as a whole; its proportions of residents with no income and of residents with income over $100,000 are both higher than the national average. This broad distribution combined with high housing and living costs give California an abnormally high poverty rate.
California is losing population and it turns out that among those fleeing to other states, including Texas, Nevada and Arizona, are high-income earners that California relies on for state tax revenue.
According to the September 2023 report by the United States Census, America's median income was $74,580, covering only about one-third of the cost of a house in California.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.