All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Gender
In Camarillo, the population consists of 34,875 males (49.40%) and 35,718 females (50.60%). Here are the primary highlights from the gender-based income distribution analysis:
- In Camarillo, the median income for all workers aged 15 years and older, regardless of work hours, was $69,255 for males and $33,036 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $88,447 for males and $72,714 for females.
- In Camarillo, the median income for all workers aged 15 years and older, regardless of work hours, was $69,255 for males and $33,036 for females.
- In Camarillo, among full-time, year-round workers aged 15 years and older, males earned a median income of $88,447, while females earned $72,714, leading to a 18% gender pay gap among full-time workers. This illustrates that women earn 82 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Camarillo, the population is predominantly White, constituting 70.40% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $91,668.
- In Camarillo, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $193,346. This reveals that, while Whites may be the most numerous in Camarillo, Asian households experience greater economic prosperity in terms of median household income.
- In Camarillo, the median household income for the households where the householder is White decreased by $17,502(16.03%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $109,170 in 2012 and $91,668 in 2022.
- In Camarillo, the median household income for Black or African American households was $100,916 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
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Year by year
Camarillo, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Camarillo increased by $1,115 (1.01%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 3,720 (from $107,372 to $111,092). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 2,608 (from $110,056 to $107,448).
- It then further increased to $214,152 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5154, it is evident that income distribution in Camarillo, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $114,234. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $53,541.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)