Redondo Beach, CA Income

The inflation-adjusted median household income in Redondo Beach was $133,897, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$133,897
Median household income
0.4334
Gini coefficient
** (N/A)
Highest median income age group
$642,226
Income of top 5%

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 Redondo Beach, the population consists of 35,562 males (50.09%) and 35,436 females (49.91%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Redondo Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $93,277 for males and $58,130 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, the median income was $116,658 for males and $100,701 for females.
  • In Redondo Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $93,277 for males and $58,130 for females.
  • In Redondo Beach, among full-time, year-round workers aged 15 years and older, males earned a median income of $116,658, while females earned $100,701, resulting in a 14% gender pay gap among full-time workers. This illustrates that women earn 86 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 Redondo Beach.
Line chart showing the annual median income trends in Redondo Beach, CA for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Redondo Beach, CA gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Redondo Beach, CA income by gender ➔

Race

In Redondo Beach, the population is predominantly White, constituting 65.71% 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 $146,994.
  • In Redondo Beach, 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 $160,951. This reveals that, while Whites may be the most numerous in Redondo Beach, Asian households experience greater economic prosperity in terms of median household income.
  • In Redondo Beach, the median household income for the households where the householder is White increased by $11,299(8.33%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $135,695 in 2012 and $146,994 in 2022.
  • In Redondo Beach, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $82,002, marking a significant change.
The bar chart shows Redondo Beach, CA median household income across all racial categories identified by the U.S. Census Bureau.
Redondo Beach, CA median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Redondo Beach, CA median household income by race ➔

Year by year

Redondo Beach, CA median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Redondo Beach increased by $10,118 (8.17%), 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 6,044 (from $125,208 to $131,252). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 3,329 (from $130,262 to $126,933).
  • 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 0.4334, it is evident that income distribution in Redondo Beach, CA exihibits characterstics of moderate inequality .
  • For the family households, the median income (in 2022 inflation-adjusted dollars) was $174,840. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $89,628.
The line chart shows Redondo Beach, CA median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Redondo Beach, CA median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Redondo Beach, CA median household income ➔

References

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Redondo Beach, CA Demographics

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Median household income of places that contain Redondo Beach (in 2022 dollars)
Insights for Redondo Beach, by topic

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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