In 2022, San Francisco had the highest median household income of cities ranking within the top 25 in terms of population, with a median household income in of 136,692 U.S. dollars. In that year, San Jose in California was ranked second, and Seattle, Washington third.

Following a fall after the great recession, median household income in the United States has been increasing in recent years. As of 2022, median household income by state was highest in Maryland, Washington, D.C., Utah, and Massachusetts. It was lowest in Mississippi, West Virginia, and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.26 million households.

Data on median household income can be compared to statistics on personal income in the U.S. released by the Bureau of Economic Analysis. Personal income rose to around 21.8 trillion U.S. dollars in 2022, the highest value recorded. Personal income is a measure of the total income received by persons from all sources, while median household income is “the amount with divides the income distribution into two equal groups,” according to the U.S. Census Bureau. Half of the population in question lives above median income and half lives below. Though total personal income has increased in recent years, this wealth is not distributed throughout the population. In practical terms, income of most households has decreased. One additional statistic illustrates this disparity: for the lowest quintile of workers, mean household income has remained more or less steady for the past decade at about 13 to 16 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 285,000 U.S. dollars in 1990 to about 499,900 U.S. dollars in 2020.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in San Francisco County: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 11,467(3.17%) households where the householder is under 25 years old, 149,304(41.25%) households with a householder aged between 25 and 44 years, 114,032(31.51%) households with a householder aged between 45 and 64 years, and 87,109(24.07%) households where the householder is over 65 years old.
• In San Francisco County, the age group of 25 to 44 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for San Francisco County median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Alameda County, CA (MHICA06001A052NCEN) from 1989 to 2023 about Alameda County, CA; San Francisco; CA; households; median; income; and USA.

About this dataset

Context

The dataset presents the median household income across different racial categories in San Francisco township. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of San Francisco township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 95.31% of the total residents in San Francisco township. Notably, the median household income for White households is $133,763. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $133,763.

https://i.neilsberg.com/ch/san-francisco-township-mn-median-household-income-by-race.jpeg" alt="San Francisco township median household income diversity across racial categories">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in San Francisco township.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for San Francisco township median household income by race. You can refer the same here

The San Francisco Bay Region, not surprisingly, has some of the least affordable housing in the country – both in absolute terms, and in terms relative to income. In San Francisco proper, the median home value is $800,000 with a median income of $81,000, giving a price-to-income ratio of nearly 10 to 1. In Marin County, the median home value is $815,000 with a median income of $93,000. This ratio is 8.8 times the median income of the county. In Silicon Valley, housing is still pricey, but many people are able to make up for it with higher incomes: San Mateo County has a ratio of 8.3, and Santa Clara County has a ratio of 7.3.

While the San Francisco Bay Region added 114,317 low- and moderate-income renters between 2000 and 2013 (or 72 households per census tract on average), the distribution of these new and existing households was not uniform across the region. Census tracts that gained low- and moderate-income renters (green and blue on the map) were largely in more suburban areas of the region. Census tracts that lost a substantial number of low- and moderate-income renters (orange to red on the map), though concentrated in more urban areas, also are spread across the region, highlighting the fact that potential displacement of lower-income renter households is not just a three-big-cities issue. Low-income renters is defined as households earning less than 80% of the county median income, and moderate-income renters as earning less than 120% county median income.

Compared side-by-side is the cost of housing as a percent of income (on the right) with the cost of housing and transportation as a percent of income (on the left) for an average household at the county level. The average housing cost of five counties in the San Francisco Bay Region does not exceed 30% of average household income. When taking into consideration the added cost of transportation, however, only three counties – Alameda, San Francisco, and Santa Clara – do not exceed the 50% threshold for combined cost.

The federal tax bill, passed in December 2017, allows investors to defer or eliminate capital gains on investments made in “Opportunity Zones”. These zones must be designated by the governor in each state from a set of eligible Census tracts. Governors must select no more than 25 percent of eligible tracts statewide.Federal criteria for determining eligible areas states that tracts must either have poverty rates above 20 percent or median family income below 80 percent of either the statewide or metropolitan area income. 3,516 Census tracts in California qualify under this criteria, spread across 54 counties. Of these, the governor must select tracts as Opportunity Zones in California.The state’s final recommendation is provided on the map. Within the San Francisco Bay Region, 530 tracts were eligible under the federal criteria, of which 107 were designated by the governor. Of the 107 designated tracts, 94 tracts were Metropolitan Transportation Commission Communities of Concern (now Equity Priority Communities).

Children who grow up in some places go on to earn much more than they would if they grew up elsewhere. Location matters enormously. If you're poor and live in the San Francisco Bay Region, it is better to be in Contra Costa County than in San Francisco County or Alameda County. Not only that, the younger you are when you move to Contra Costa, the better you will do on average. Children who move at earlier ages are less likely to become single parents, more likely to go to college, and more likely to earn more.Every year a poor child spends in Contra Costa County adds about $160 to his or her annual household income at age 26, compared with a childhood spent in the average American county. Over the course of a full childhood, which is up to age 20 for the purposes of this analysis, the difference adds up to about $3,200, or 12 percent, more in average income as a young adult.These findings, particularly those that show how much each additional year matters, are from a new study by Raj Chetty and Nathaniel Hendren that has huge consequences on how we think about poverty and mobility in the United States.