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The median place and county in California had a per capita income of roughly $25,000, and the lower third of both types of geographies had per capita incomes with an upper bound of about $20,000. Places and counties with the highest per capita income were concentrated in the San Francisco Bay Area , which has a relatively high cost of living.
income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 2 San Jose-Santa Clara-Sunnyvale, California MSA 1,918,944 $40,392 3 Seattle-Tacoma-Bellevue, Washington MSA 3,611,644 $39,322 4 San Francisco-Oakland-Hayward, California MSA 4,122,177 $38,355 5
Males had a median income of $56,240 versus $40,574 for females. The per capita income for the county was $32,795. About 4.9% of families and 7.5% of the population were below the poverty line , including 8.4% of those under age 18 and 6.4% of those age 65 or over.
California. Median income for ages 15 to 24: $49,532. Median income for ages 25 to 44: $100,620. Median income for ages 45 to 64: $107,236. Median income for ages 65 and over: $65,628.
Median loan amount: $455,000. Salt Lake City’s robust job market, access to outdoor activities, and affordable housing options are major draws for millennials.
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The 2018 median home price in Silicon Valley was $1.18 million, a 21% increase from 2017. [3] Almost 90% of low income renters in the San Jose-Sunnyvale-Santa Clara metro area were cost burdened in 2017, meaning they spent more than 30% of their income on housing. [4] Over a third of mid-income renters were cost burdened as well. [4]
The real median post-tax household income jumped 3.7% from $66,800 in 2022 to $69,240 in 2023. The good news is that household income increased at all income levels. It wasn't just high earners ...