Gender
In Newport Beach, the population consists of 41,697 males (48.59%) and 44,109 females (51.41%). Here are the primary highlights from the gender-based income distribution analysis:
- In Newport Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $105,748 for males and $51,870 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $159,848 for males and $100,280 for females.
- In Newport Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $105,748 for males and $51,870 for females.
- In Newport Beach, among full-time, year-round workers aged 15 years and older, males earned a median income of $159,848, while females earned $100,280, leading to a 37% gender pay gap among full-time workers. This illustrates that women earn 63 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Newport Beach, the population is predominantly White, constituting 81.59% 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 $128,903.
- In Newport Beach, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $140,675. This reveals that, while Whites may be the most numerous in Newport Beach, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Newport Beach, the median household income for the households where the householder is White decreased by $17,985(12.24%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $146,888 in 2012 and $128,903 in 2022.
- In Newport Beach, the median household income for Black or African American households was $320,200 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
Newport Beach, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Newport Beach increased by $9,607 (6.65%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 6,063 (from $134,018 to $140,081). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,314 (from $140,474 to $134,160).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5635, it is evident that income distribution in Newport Beach, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $200,213. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $70,224.
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