Median household income California U.S. 2022 | Statista (2024)

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Median household income California U.S. 2022 | Statista? ›

In 2022, the median household income in California amounted to 85,300 U.S. dollars.

In California, the middle class income range for 2022 was $61,270 to $183,810. Compare that to the average in 2012, which was $40,933 to $122,800. That's a 10-year change of 49.68%. Those figures pushed California to #4 on the list ranking U.S. states where the middle class income has increased.

If you're working in the Golden State, you need to earn $153,700 to actually $100,000 in California, according to the report. That means people with a $100,000 gross income actually take home just 65% of that after taxes.

Here, a single person needs $110,781 annually or $53.26 in hourly wages to be comfortable, according to the data. For a family of two working adults with two children, a salary of $276,557 is needed.

Over one-third of American families earn $100,000 or more

The U.S. Census Bureau found that 37.1% of U.S. households earned at least $100,000 in 2022. Here's a more detailed breakdown of six-figure income brackets and the percentage of households in each one: $100,000 to $149,999: 16.9% $150,000 to $199,999: 8.7%

Earning as much as $180k would still put someone in the “Middle Class” in some parts of the state. Reform California breaks down the reasons why the state is so unaffordable and how to fix it.

As of 2022, the top 5% of earners in the state made $613,602 a year on average, according to a recent analysis from personal finance site GoBankingRates. That's roughly a 37% increase from 2017, when top earners raked in an average annual income of $447,207.

Is 170k a good salary in California? ›

As a rule of thumb, a good salary in Los Angeles is between $100k and $200k gross per year. Based on the cost of living in Los Angeles, this should come down to a minimum of $76,710 yearly after taxes.

In five California cities, a $100,000 median household income is considered lower-middle class, according to a Feb.

Data from the U.S. Census Bureau was used in the report. For Californians hoping to join the prestigious club, residents would have to bring in an average income of $613,602, a nearly 40% increase from 2017, when the average income needed for the top 5% of earners was $447,207.

Economic Class as Defined by Income in California

By Pew's standard, a California household has to earn between $61,270 and $183,810 to join the state's middle class. Those earning $61,269 or less are lower-middle class and $183,811 or more buys you a ticket to the upper-middle class.

How much does an Upper Class make in California? As of May 28, 2024, the average annual pay for the Upper Class jobs category in California is $58,538 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.14 an hour. This is the equivalent of $1,125/week or $4,878/month.

Summary. California's average cost of living is $53,082 annually. Californians spend more than any other state on groceries per month, at $298. California is also above the national average when it comes to the cost of utilities, with the average monthly bill coming in at nearly $438.

As of Apr 23, 2024, the average hourly pay for an An Hour in California is $18.55 an hour. While ZipRecruiter is seeing salaries as high as $35.11 and as low as $5.22, the majority of An Hour salaries currently range between $15.91 (25th percentile) to $21.59 (75th percentile) in California.