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 shows 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.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.1 which is in the mid range of other states in the greater region. The state with the highest average hours in the group is Alaska which shows an average hours of 41.3 (8.4% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 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 7 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 shows it has a Self Employed of 14.0% which is the highest of all states in the greater California region.

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $90,138 of the total and is ranked #2. The only larger state being Washington with $92,003. Second, it has one of the largest proportions of median income-25 to 44 years at $98,785 of the total and is ranked #3. Only #2 Washington ($100,122), and #1 Hawaii ($102,150) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $60,832 of the total and is ranked #3. Only #2 Alaska ($62,935), and #1 Hawaii ($75,602) are larger.

Figure 9 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 11) 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 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).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $104,656 of the total and is ranked #3. Only #2 Hawaii ($105,227), and #1 Alaska ($107,364) are larger. Second, it has one of the largest proportions of white family income at $73,494 of the total and is ranked #2. The only larger state being Hawaii with $86,128. Third, it has the largest proportion of black family income at $73,431 of the total and is ranked #1. Also, it has one of the largest proportions of american indian family income at $121,913 of the total and is ranked #2. The only larger state being Washington with $126,735. In addition, it has the largest proportion of asian family income at $94,524 of the total and is ranked #1. Furthermore, it has one of the largest proportions of hawaiian family income at $69,075 of the total and is ranked #3. Only #2 Alaska ($75,933), and #1 Hawaii ($85,165) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. California depicts it has the hightest cost of 194.9 for the cost of housing grouping.

The State of California Labor Force Charts

The next two charts look at very recent, 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 2020, the Covid 19 recession or great recession occurred and affects this metric. . It indicates that from January 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 12.7% to 6.3% in March 2020. This represents a decrease in the monthly unemployment rate of 50.4%. Since that time, the monthly unemployment rate has gone to 3.7% This represents a decrease in the monthly unemployment rate of 41.3%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 18,231,451 to 19,568,824 in January 2020. This represents an increase in the monthly labor force participation of 7.3%. Since that time, the monthly labor force participation has gone to 19,284,277 This represents a decrease in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows California shows it has a Unemployment Rate of 4.1% which is the second most unemployment rate of all the states in the greater California region. The state with the highest unemployment rate in the group is Alaska which shows a rate of 4.4% (only about 5.8% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. the state of shows it has a Labor Force Participation of 63.9% which is in the mid point range of other states in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. California depicts full time employees approximately 3.2 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater California area. California shows it has a Single Earner Families of 31.9% which is more than all other states in the greater California region. The percentage of families with no one working is depicted in Figure 22. California depicts it has a Families with No One Working of 15.2% which is in the center range of other states in the greater region. The state with the highest families with no one working in the group is Oregon which depicts a families with no worker of 19.2% (26.0% larger).

The State of California Poverty Charts

The next section details economy analysis about poverty for residents of the California community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. California depicts it has a Total In Poverty of 4,741,175 which is more than all other states in the greater California region.

In Figure 24 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 the largest of all states in the greater California region.

In Figure 25 people who are in poverty are broken out by age group. California has the largest proportion of person in poverty under 12 years at 10% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 18 to 34 years at 21% of the total and is ranked #1. Third, it has the smallest proportion of person in poverty 35 to 54 years at 10% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. California has the smallest proportion of black poverty rate at 17% of the total. Second, it has the smallest proportion of asian poverty rate at 13% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. California has the largest proportion of married with children and in poverty at 31% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 36% of the total and is ranked #1. Third, it has the largest proportion of unmarried female with children and in poverty at 19% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. California has the largest proportion of people who are in poverty and unemployed at 21.7% of the total and is ranked #1. Additionally, Figure 30 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 depicts it has a Public Assistance Percent of 11.1% which is less than most other states in the 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).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). the state of shows it has a Gini Index of 48.7% which is at the top of all other states in the metro area.

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 32 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 33 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.

In Figure 35 is shown a frequency distribution of the time that people leave for work. California has the smallest proportion of people who leave for work between 5am to 530am at 5% of the total. Second, it has the smallest proportion of people who leave for work between 6am to 630am at 8% of the total. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 12% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 830 am to 9am at 8% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 9am to 10am at 4% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. California has the smallest proportion of people with commute time of less than 5 minutesutes at 7% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 12% of the total. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 4% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 45 to 59 minutes at 8% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 60 to 89 minutes at 4% of the total and is ranked #1.

The average commute time is shown in Figure 37. the state of indicates it has a Avg Commute Time of 30 which is is the uppermost of the states in the greater California region. Figure 38 shows the difference between male versus female commuting time. California depicts average commute time in minutes for men 40.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and California has the smallest proportion of no vehicle available at 18% of the total. Second, it has the largest proportion of 2 vehicles available at 22% of the total and is ranked #1. Third, it has the largest proportion of 3 vehicles available at 12% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) the state of shows it has a Work in city or place where live of 40% which is in the mid range of other states in the local area. The state with the highest people who both work and live in the same city in the group is Alaska which shows a people who both work and live in the same city of 72% (about twice as large).

The State of California Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. the state of depicts it has the hightest median earnings of $113,680 for the earnings-computer, engineering, and science occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and the state of depicts it has the hightest median earnings of $96,654 for the earnings-computer, engineering, and science occupations classification. The table in Figure 48, shows California employment data in terms of job categories and salary data.

The State of California Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. the state of shows it has the hightest entrepreneurs of 55% for the self employed management, business, science, and arts businesses grouping.

Similar to the last chart is Figure 50 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 indicates it has the hightest entrepreneurs of 24% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. the state of shows it has a Self Employment Income of $49,116 which is the highest of all states in the greater region.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) California shows total number of self-employed men 57.7% larger as the total number of self-employed women.