Age of householder
Per the latest American Community Survey by the Census Bureau, South El Monte sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,930. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South El Monte, householders within the 25 to 44 years age group have the highest median household income at $69,930, followed by those in the 45 to 64 years age group with an income of $69,715. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $43,275. Notably, householders within the under 25 years age group, had the lowest median household income at $41,568.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $19,811(39.53%), escalating from a median of $50,119 in 2011 to $69,930 in 2021.
- 101(2.06%) households where the householder is under 25 years old.
- 1,594(32.55%) households with a householder aged between 25 and 44 years.
- 1,892(38.64%) households with a householder aged between 45 and 64 years.
- 1,310(26.75%) households where the householder is over 65 years old.
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Gender
In South El Monte, the population consists of 9,954 males (50.12%) and 9,906 females (49.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In South El Monte, the median income for all workers aged 15 years and older, regardless of work hours, was $28,762 for males and $22,526 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,483 for males and $38,313 for females.
- In South El Monte, the median income for all workers aged 15 years and older, regardless of work hours, was $28,762 for males and $22,526 for females.
- In South El Monte, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,483, while females earned $38,313, resulting in a 10% gender pay gap among full-time workers. This illustrates that women earn 90 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 city of South El Monte.
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Race
In South El Monte, the population is predominantly some other race, constituting 37.41% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is $48,987.
- In South El Monte, despite the some other race population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $84,716. This reveals that, while some other races may be the most numerous in South El Monte, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In South El Monte, the median household income for the households where the householder is White increased by $17,816(29.28%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,842 in 2011 and $78,658 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
South El Monte, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South El Monte increased by $3,001 (4.83%), 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 2017 to 2018, when the median household income increased by 3,743 (from $53,475 to $57,218). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 5,904 (from $61,550 to $55,646).
- It then further increased to $93,409 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4244, it is evident that income distribution in South El Monte, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $60,546. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,624.
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