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 Menifee, the population consists of 50,255 males (49.71%) and 50,834 females (50.29%). Here are the primary highlights from the gender-based income distribution analysis:
- In Menifee, the median income for all workers aged 15 years and older, regardless of work hours, was $47,248 for males and $30,741 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,458 for males and $63,441 for females.
- In Menifee, the median income for all workers aged 15 years and older, regardless of work hours, was $47,248 for males and $30,741 for females.
- In Menifee, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,458, while females earned $63,441, leading to a 22% gender pay gap among full-time workers. This illustrates that women earn 78 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 Menifee, the population is predominantly White, constituting 55.87% 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 $86,577.
- In Menifee, 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 $113,901. This reveals that, while Whites may be the most numerous in Menifee, Asian households experience greater economic prosperity in terms of median household income.
- In Menifee, the median household income for the households where the householder is White increased by $23,161(36.52%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $63,416 in 2012 and $86,577 in 2022.
- In Menifee, the median household income for the households where the householder is Black or African American increased by $7,794(15.33%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $50,825 in 2012 and $58,619 in 2022.
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Year by year
Menifee, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Menifee increased by $16,779 (23.80%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 9 years and declined for 2 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 6,420 (from $80,632 to $87,052). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 2,284 (from $70,698 to $68,414).
- It then further increased to $135,372 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4294, it is evident that income distribution in Menifee, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $101,365. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $47,392.
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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)