Age of householder
Per the latest American Community Survey by the Census Bureau, Rolling Hills sees its highest median household income among householders in the age group of 65 years and over old, at $270,229. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rolling Hills, the median household income stands at $270,229 for householders within the 65 years and over age group, followed by $249,961 for the 45 to 64 years age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $228,343.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $69,189(34.42%), escalating from a median of $201,040 in 2011 to $270,229 in 2021.
- 2(0.37%) households where the householder is under 25 years old.
- 24(4.40%) households with a householder aged between 25 and 44 years.
- 253(46.34%) households with a householder aged between 45 and 64 years.
- 267(48.90%) households where the householder is over 65 years old.
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Gender
In Rolling Hills, the population consists of 699 males (48.68%) and 737 females (51.32%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rolling Hills, the median income for all workers aged 15 years and older, regardless of work hours, was $152,523 for males and $69,584 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $256,176 for males and $113,807 for females.
- In Rolling Hills, the median income for all workers aged 15 years and older, regardless of work hours, was $152,523 for males and $69,584 for females.
- In Rolling Hills, among full-time, year-round workers aged 15 years and older, males earned a median income of $256,176, while females earned $113,807, leading to a 56% gender pay gap among full-time workers. This illustrates that women earn 44 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 Rolling Hills, the population is predominantly White, constituting 62.95% 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 $253,339.
- In Rolling Hills, 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 $270,229. This reveals that, while Whites may be the most numerous in Rolling Hills, Asian households experience greater economic prosperity in terms of median household income.
- In Rolling Hills, the median household income for the households where the householder is White decreased by $10,277(3.90%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $263,616 in 2011 and $253,339 in 2021.
- In Rolling Hills, the median household income for Black or African American households was $326,895 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Rolling Hills, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rolling Hills decreased by $26,192 (8.84%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 32,020 (from $247,824 to $279,844). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 22,186 (from $270,010 to $247,824).
- It then further remained the same for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.529, it is evident that income distribution in Rolling Hills, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $270,229. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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