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 Milpitas, the population consists of 42,147 males (52.95%) and 37,446 females (47.05%). Here are the primary highlights from the gender-based income distribution analysis:
- In Milpitas, the median income for all workers aged 15 years and older, regardless of work hours, was $81,772 for males and $50,358 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $132,500 for males and $93,803 for females.
- In Milpitas, the median income for all workers aged 15 years and older, regardless of work hours, was $81,772 for males and $50,358 for females.
- In Milpitas, among full-time, year-round workers aged 15 years and older, males earned a median income of $132,500, while females earned $93,803, leading to a 29% gender pay gap among full-time workers. This illustrates that women earn 71 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 Milpitas, the population is predominantly Asian, constituting 67.53% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Asian households is $186,163.
- In Milpitas, Asian is both the largest group and the one with the highest median household income, which stands at $186,163.
- In Milpitas, the median household income for the households where the householder is White decreased by $8,141(6.06%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $134,317 in 2012 and $126,176 in 2022.
- In Milpitas, the median household income for the households where the householder is Black or African American increased by $1,459(0.96%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $151,232 in 2012 and $152,691 in 2022.
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Year by year
Milpitas, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Milpitas increased by $36,323 (29.04%), 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 2017 to 2018, when the median household income increased by 13,683 (from $132,638 to $146,321). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,922 (from $127,371 to $120,449).
- It then further increased to $179,714 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4101, it is evident that income distribution in Milpitas, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $177,530. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $109,832.
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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)