Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

When available, the data consists of estimates from the U.S. *Top 5%: * The mean household income for the wealthiest population (top 5%) is 660,952, which is 176.75% higher compared to the highest quintile, and 3028.69% higher compared to the lowest quintile.This indicates that the top earners earn 17 times compared to the lowest earners. Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 21,823, while the mean income for the highest quintile (20% of households with the highest income) is 373,947.The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality. The dataset presents the mean household income for each of the five quintiles in Orange County, CA, as reported by the U.S. This ranking suggests that Orange County is among the top-performing counties in California, in terms of median household income. When compared to all of the counties in the state of California, Orange County is ranked 8th among the 58 counties for its median household income. How does Orange County, CA median household income compare to the rest of the United States? median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars). It also implies that efforts may be needed to enhance economic fairness and reduce the gap between income groups in Orange County What is the median household income in Orange County, CA?Īs per the latest American Community Survey data released on Sep 14,2023, the median household income for Orange County is $106,209. This level of Gini coefficient suggests noticeable variations in income distribution across households, with certain segments of the population holding a larger share of income compared to others in Orange County. With this value of Gini coefficient, it is evident that income distribution in Orange County exihibits characterstics of moderate inequality. Things to know What is the Gini index for Orange County, CA?Īs per the Census Bureau, the Gini coefficient for Orange County is 0.4764. Simultaneously, the minority of total households, representing 2.31%, have incomes $15,000 to $19,999, signifying a smaller segment of households in the community. For Total Households (Combining Family and Non-Family): When considering total households in Orange County, the majority, constituting 18.24%, earn $200,000 or more, demonstrating that a significant portion of community households falls within this income bracket.On the other hand, the minority of non-family households, comprising 3.01%, earn $45,000 to $49,999, representing a smaller, yet notable, portion of non-family households in the community. For Non-Family Households: In Orange County, the majority of non-family households, accounting for 12.71%, have income $75,000 to $99,999, indicating that a substantial portion of non-family households falls within this income bracket.Conversely, the minority of family households, comprising 1.49%, have incomes falling $45,000 to $49,999, representing a smaller but still significant segment of the community. For Family Households: In Orange County, the majority of family households, representing 22.39%, earn $200,000 or more, showcasing a substantial share of the community families falling within this income bracket.It then further increased to $157,668 for 7-person households, the largest household size for which the bureau reported a median household income. In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $55,808. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households. The coefficient of variation (CV) is 26.77%. Across the different household sizes in Orange County the mean income is $123,186, and the standard deviation is $32,979. Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Orange County. Census Bureau American Community Survey 5 year Estimates (the most recent data available). To gain deeper insights into the median household income for Orange County, we conducted an analysis of the most recent available data from the U.S. Median household income in Orange County, CA by household size

Orange county california map