Gender
In Tracy, the population consists of 47,044 males (50.70%) and 45,748 females (49.30%). Here are the primary highlights from the gender-based income distribution analysis:
- In Tracy, the median income for all workers aged 15 years and older, regardless of work hours, was $53,021 for males and $37,453 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $76,720 for males and $64,670 for females.
- In Tracy, the median income for all workers aged 15 years and older, regardless of work hours, was $53,021 for males and $37,453 for females.
- In Tracy, among full-time, year-round workers aged 15 years and older, males earned a median income of $76,720, while females earned $64,670, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 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 Tracy, the population is predominantly White, constituting 45.91% 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 $116,617.
- In Tracy, 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 $130,167. This reveals that, while Whites may be the most numerous in Tracy, Asian households experience greater economic prosperity in terms of median household income.
- In Tracy, the median household income for the households where the householder is White increased by $30,049(34.71%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $86,568 in 2012 and $116,617 in 2022.
- In Tracy, the median household income for the households where the householder is Black or African American decreased by $15,310(12.25%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $124,974 in 2012 and $109,664 in 2022.
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Year by year
Tracy, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Tracy increased by $7,055 (6.81%), 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 2015 to 2016, when the median household income increased by 4,557 (from $94,539 to $99,096). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 3,951 (from $100,342 to $96,391).
- It then further increased to $178,916 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.409, it is evident that income distribution in Tracy, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $114,210. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $97,230.
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