REVEALED: California zip code with the highest average income - and it's not 90210

11 months ago 24
  • San Francisco's Financial District boasts an mean income of $5.5 million
  • Nationwide, lone Fisher Island successful Florida is much affluent 

By Will Potter For Dailymail.Com

Published: 12:58 EDT, 28 May 2024 | Updated: 12:59 EDT, 28 May 2024

The California zip codification with the highest mean income has been revealed - and residents whitethorn beryllium amazed to observe it isn't 90210. 

The 94104 zip codification came retired connected apical arsenic the astir affluent places to unrecorded successful the Golden State, which covers the bulk of San Francisco's Financial District. 

According to precocious released IRS taxation information from 2022, residents made an mean household income of astir $5.5 cardinal successful 2021. 

The staggering mean sum came successful 2nd crossed the full nation, with the SF Chronicle reporting that lone 33109 - Fisher Island successful Florida - had richer residents astatine an mean income of $6 million. 

San Francisco's Financial District boasts the highest mean income of immoderate Californian zip code 

The Financial District's staggering mean sum came successful 2nd crossed the full nation, with lone Fisher Island successful Florida (pictured) owning richer residents astatine an mean income of $6 million.

The IRS information utilized to compile the rankings was notably lone an aggregate of residents' earnings, meaning a tiny fig of precise affluent individuals whitethorn bring a postcode soaring up the ranks. 

This whitethorn explicate wherefore San Francisco's Financial District had specified a precocious mean salary, due to the fact that immoderate taxation filers registry their enactment addresses connected their returns. 

According to the SF Chronicle, this saw 1,500 radical listed connected filings from the 94104 zip codification contempt it lone having a colonisation of little than 600. 

Just 39 percent of the full income reported from the Financial District came from earnings, portion a immense 39 percent was reported from superior gains.  

In San Francisco, the emergence of homelessness and diminution successful surviving standards successful caller years meant determination was a immense disparity successful net - with the lowest earning Treasure Island coming successful with mean household net of $55,000. 

The highest-earning zip codification is not the lone 1 successful the Bay Area with affluent residents, arsenic Silicon Valley owning respective different high-value zip codes. 

In particular, the metropolis of Atherton - home of Golden Gate Warriors prima Steph Curry - has an mean income of $3.5 million. 

Two different zip codes successful Palo Alto, 94304 and 94301, besides boasted mean incomes good implicit $2 million. 

Across the state, 7 zip codes had incomes implicit $1 million, six of which were recovered successful the Bay Area.  

And overall, conscionable 2 of the apical 10 didn't travel from the Bay country - Century City's 90067 and the Pacific Palisades' 90272. 

San Francisco's spot arsenic the wealthiest enclave successful California notably comes owed to affluent residents registering their workplaces connected taxation filings 

Across California, 7 zip codes had incomes implicit $1 million, six of which were recovered successful the Bay Area 

The immense divides betwixt have's and person not's successful San Francisco were adjacent much pronounced compared to the remainder of California, arsenic those zip codes with net of astatine slightest $400,000 were predominantly recovered astir large cities Los Angeles and San Deigo. 

However, the evident wealthiness concentrated successful the Bay Area lone comes from the astir precocious published IRS information successful 2021, meaning it does not see caller trends. 

This would mean that it does not see the loss of colonisation during the pandemic arsenic affluent residents flocked to Texas and Florida. 

The immense fig of tech layoffs past twelvemonth besides saw tens of thousands of radical lose their jobs astatine firms specified arsenic Meta and Google, which sent unemployment rates soaring.  

Article From: www.dailymail.co.uk
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