Age of householder
Per the latest American Community Survey by the Census Bureau, Corte Madera sees its highest median household income among householders in the age group of 25 to 44 years old, at $270,229. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Corte Madera, the median household income stands at $270,229 for householders within the 25 to 44 years age group, followed by $225,387 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $113,206.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $124,583(85.54%), escalating from a median of $145,646 in 2011 to $270,229 in 2021.
- 84(2.14%) households where the householder is under 25 years old.
- 819(20.84%) households with a householder aged between 25 and 44 years.
- 1,878(47.79%) households with a householder aged between 45 and 64 years.
- 1,149(29.24%) households where the householder is over 65 years old.
Read more about Corte Madera, CA median household income by age ➔
Gender
In Corte Madera, the population consists of 4,908 males (48.38%) and 5,237 females (51.62%). Here are the primary highlights from the gender-based income distribution analysis:
- In Corte Madera, the median income for all workers aged 15 years and older, regardless of work hours, was $106,628 for males and $84,280 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $174,902 for males and $162,505 for females.
- In Corte Madera, the median income for all workers aged 15 years and older, regardless of work hours, was $106,628 for males and $84,280 for females.
- In Corte Madera, among full-time, year-round workers aged 15 years and older, males earned a median income of $174,902, while females earned $162,505, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Corte Madera.
Read more about Corte Madera, CA income by gender ➔
Race
In Corte Madera, the population is predominantly White, constituting 77.26% 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 $196,516.
- In Corte Madera, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $270,229. This reveals that, while Whites may be the most numerous in Corte Madera, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Corte Madera, the median household income for the households where the householder is White increased by $56,845(40.70%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $139,671 in 2011 and $196,516 in 2021.
- In Corte Madera, the median household income for Black or African American households was $55,049 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
Read more about Corte Madera, CA median household income by race ➔
Year by year
Corte Madera, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Corte Madera increased by $62,513 (45.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 25,036 (from $173,485 to $198,521). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 2,726 (from $137,971 to $135,245).
- It then further increased to $249,360 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4417, it is evident that income distribution in Corte Madera, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $255,782. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $90,616.
Read more about Corte Madera, CA median household income ➔