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 Walnut Creek, the population consists of 33,250 males (47.58%) and 36,626 females (52.42%). Here are the primary highlights from the gender-based income distribution analysis:
- In Walnut Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $79,972 for males and $50,689 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $120,048 for males and $108,994 for females.
- In Walnut Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $79,972 for males and $50,689 for females.
- In Walnut Creek, among full-time, year-round workers aged 15 years and older, males earned a median income of $120,048, while females earned $108,994, resulting in a 9% gender pay gap among full-time workers. This illustrates that women earn 91 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 Walnut Creek.
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Race
In Walnut Creek, the population is predominantly White, constituting 67.42% 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 $99,126.
- In Walnut Creek, 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 $192,044. This reveals that, while Whites may be the most numerous in Walnut Creek, Asian households experience greater economic prosperity in terms of median household income.
- In Walnut Creek, the median household income for the households where the householder is White increased by $3,495(3.65%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $95,631 in 2012 and $99,126 in 2022.
- In Walnut Creek, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $75,858, marking a significant change.
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Year by year
Walnut Creek, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Walnut Creek increased by $22,079 (20.27%), 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 9,218 (from $104,007 to $113,225). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 3,937 (from $110,780 to $106,843).
- 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 0.5097, it is evident that income distribution in Walnut Creek, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $210,549. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $71,889.
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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)