The State of California Income Charts

This section shows the California economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, California depicts it has a Median earnings of $58,825 which is the third most median earnings of all other states in the greater California region. The state with the highest median earnings per worker in the group is Washington which shows a median earnings of $63,384 (7.8% larger).

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $84,097 which is the second most median income of all the states in the greater California region. The state with the highest median household income in the group is Hawaii which depicts a median income of $88,005 (only about 4.6% larger).

The next section examines a variety of different income statistics for the California metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 5.6% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $20,000 and $49,999 at 18.6% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 17.9% of the total and is ranked #1. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $29.69 which is the second most average hourly earnings of all the states in the greater California region. The state with the highest average hourly earnings in the group is Washington which depicts an average hourly earnings of $31.66 (6.6% larger).

Figure 5 examines the number of self employed people in the California metro area based on the number of people who reported any self employment income. California depicts it has a Self Employed of 14.0% which is the highest of all states in the greater California region.

Figure 6 breaks down the source of income and California has the largest proportion of income from wages at 5.8% of the total and is ranked #1.

The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 19.4% which is less than most other states in the local area. The state with the highest households with retirement income in the group is Hawaii which depicts a households with retirement income of 28.0% (44.5% larger).

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. California depicts full time employees approximately 3.2 times bigger as the part time employees.

Similar to the last chart is Figure 9 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. the state of shows it has the hightest entrepreneurs of 24% for the self employed in professional, scientific, management, administrative services grouping.

Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. California shows it has the hightest cost of 194.9 for the cost of housing classification.

The State of California Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. California shows it has a Percent of Population In Poverty of 12.3% which is ranked #1 of all states in the greater California region. Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) the state of shows it has a Public Assistance Percent of 11.1% which is less than most other states in the metro area. The state with the highest households with public assistance in the group is Oregon which depicts a households with public assistance of 16.0% (44.6% larger).

The State of California Labor Force Charts

The table in Figure 13, shows California employment data in terms of job categories and salary data.

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate shows that from January 2017 to before the COVID-19 Pandemic it went from 5.6% to 6.3% in March 2020. This represents an increase in the monthly unemployment rate of 12.5%. Since that time, the monthly unemployment rate has gone to 4.8%. This represents a decrease in the monthly unemployment rate of 23.8%.

The State of California Jobs Charts

In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.

Figure 16 shows the average median earnings for different categories of jobs.

The State of California Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the California community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 17 shows a high level view of how the population commutes to work (including the percent of people who work from home.) California has the smallest proportion of people who take public transportation to work at 3% of the total. Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown California or elsewhere.) California has the largest proportion of people who drove alone at 70% of the total and is ranked #1. Second, it has the largest proportion of people who take a Subway or elevated rail at 1% of the total and is ranked #1. Third, it has the largest proportion of people who take the Long-distance train or commuter rail at 0% of the total and is ranked #1. Also, it has the smallest proportion of people who walked at 2% of the total.

Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.

The average commute time is shown in Figure 21. the state of depicts it has a Avg Commute Time of 30 which is the largest of all states in the greater region.