Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 34.1 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $70,732 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $29,913 |
What is middle class in Riverside County?
– The Median household income of a Riverside County resident is $56,592 a year.
What is considered low income in Riverside County?
Income Limits Effctive 4-18-2022
| # of Family Members in Household | Extremely Low Income Limits (30% of median) | Very Low Income Limits (50% of median) |
|---|---|---|
| 1 | $1,541 | $30,800 |
| 2 | $1,762 | $35,200 |
| 3 | $1,983 | $39,600 |
| 4 | $2,312 | $44,000 |
Is Riverside County Poor?
Poverty by Age and Sex
13.7% of the population for whom poverty status is determined in Riverside County, CA (325k out of 2.37M people) live below the poverty line, a number that is higher than the national average of 12.3%.
What is the per capita income in Riverside California?
The ACS 1-year survey shows the per capita income for Riverside was $28,763 in 2019. Compared to the median California per capita income, Riverside median per capita income is $10,630 lower.
What salary is considered upper class in California?
As of Jul 28, 2022, the average annual pay for the Upper Class jobs category in California is $56,023 a year. Just in case you need a simple salary calculator, that works out to be approximately $26.93 an hour. This is the equivalent of $1,077/week or $4,669/month.
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is considered middle class in California?
Middle Class in Los Angeles County
| Persons in Household | Household Income | |
|---|---|---|
| Lower Class | Middle Class | |
| 1 | Up to $32,793 | $32,794 to $98,380 |
| 2 | Up to $46,376 | $46,377 to $139,130 |
| 3 | Up to $56,799 | $56,800 to $170,399 |
What is considered poor in California?
According to the CPM, 16.4% of Californians (about 6.3 million) lacked enough resources—$35,600 per year for a family of four, on average—to meet basic needs in 2019. The poverty rate dropped from 17.6% in 2018. In 2020, COVID-19 is likely to have increased poverty due to severely constrained employment opportunity.
What is considered low income for a married couple in California?
According to Covered California income guidelines and salary restrictions, if an individual makes less than $47,520 per year or if a family of four earns wages less than $97,200 per year, then they qualify for government assistance based on their income.
What is the poorest city in Riverside County?
Poverty Rate in Riverside, California
| City | Poverty Rate |
|---|---|
| Perris | 21.2% |
| Rancho Mirage | 11.8% |
| Riverside | 16.6% |
| Romoland | 15.1% |
What percentage of Riverside is Black?
The 5 largest ethnic groups in Riverside, CA are White (Hispanic) (31.5%), White (Non-Hispanic) (26.7%), Other (Hispanic) (22.4%), Asian (Non-Hispanic) (7.63%), and Black or African American (Non-Hispanic) (5.11%).
Are people moving to Riverside CA?
Tens of thousands of millennials and more have moved to Riverside throughout the 2010s. Between 2010 and 2017, more than 21,000 people have uprooted and now call Riverside home – an increase of around 7 percent, according to data from RCLCO, a real estate analytics company.
How much does it cost to live in Riverside California?
Riverside County cost of living is 129.4
| COST OF LIVING | Riverside | California |
|---|---|---|
| Health | 87.8 | 92.4 |
| Housing | 165.4 | 239.1 |
| Median Home Cost | $490,400 | $684,800 |
| Utilities | 109.4 | 102.4 |
What is the crime rate in Riverside CA?
With a crime rate of 37 per one thousand residents, Riverside has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 27.
What is the racial makeup of Riverside California?
Table
| Population | |
|---|---|
| Black or African American alone, percent(a) | 5.9% |
| American Indian and Alaska Native alone, percent(a) | 0.8% |
| Asian alone, percent(a) | 8.7% |
| Native Hawaiian and Other Pacific Islander alone, percent(a) | 0.3% |
How much money do teachers make in California?
The average California teacher salary was $82,746 for the 2019-2020 school year. This is over $20,000 higher than the national average. The state ranks second in the nation for compensation, trailing only New York.
What is a good net worth by age?
The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.
| Age of head of family | Median net worth | Average net worth |
|---|---|---|
| 35-44 | $91,300 | $436,200 |
| 45-54 | $168,600 | $833,200 |
| 55-64 | $212,500 | $1,175,900 |
| 65-74 | $266,400 | $1,217,700 |
Is 100K a year good in California?
The folks at the personal finance site GoBankingRates.com looked at where a $100K income would be considered “good” in America’s 50 largest cities. Eight of the cities are in California, and it likely comes as no shock to those who live in the Golden State that $100,000 doesn’t go too far.
How many Americans make over $100000 per year?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
Are doctors High class?
The upper-middle-class usually evolves out of people from the middle-class tier who are particularly resourceful or who achieve higher levels of education than the rest of the middle class. Examples of these people in today’s society are doctors and lawyers.