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S.D.’s household income rose five percent last year

More people in households working

Median San Diego household income jumped five percent to $76,662 last year, but the main reason is that more people per household were working, according to United States Census Bureau data revealed this morning (September 13).

Inflation-adjusted individual earnings dropped for the third straight year, according to the Center on Policy Initiatives. City of San Diego wages are still lower than before the late 2007-early 2009 recession, according to Peter Brownell, research director of the center. “When you factor in inflation, people are still losing ground,” says Brownell. That is consistent with national data showing middle class inflation-adjusted income stagnant for almost four decades.

Older people are making the difference in San Diego. Twenty percent of those over 65 — or 36,571 seniors — worked in 2017, says the center. That was up 26 percent from the number of seniors working in 2007. (The recession began at the end of 2007.) Seniors take low-paying jobs at companies like Walmart. It’s easier for older people to take such jobs, because they may already own a home and have savings.

Last year's poverty rate was unchanged at 13.1 percent.

Separately, Zillow revealed that county home values have risen eight percent since the recession. The peak median home value before the crash was $540,000. Values bottomed out at $342,800 in the slump and are now at $584,100.

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Comments
7

Household income is meaningless unless one knows how many people constitutes a "household" and how many of them are working. Three adults in a household working full time (40 hours a week) each earning $12 an hour would gross $74,480. Each person on their won would not be able to afford an apartment. In many neighborhoods many working adults are living in one home. In San Diego anything less than $25 an hours is poverty wages.

Sept. 15, 2018

In the San Francisco Bay Area, you need to make at least $50 an hour. And $75-100/hr. for a decent living.

Sept. 15, 2018

dwbat: That would not surprise me. And I would not be surprised if it's more than that in Silicon Valley. Best, Don Bauder

Sept. 15, 2018

"San Francisco Bay Area" includes Silicon Valley.

Sept. 15, 2018

dwbat: Silicon Valley (most of it is in Santa Clara County, but there is no precise definition) is in the San Francisco Bay Area, yes. What I meant is that income and related data for Silicon Valley is higher (depending on the metric) than in the San Francisco Bay Area and also the San Francisco metro area. Maybe I said it clumsily. Best, Don Bauder

Sept. 17, 2018

AlexClarke: You make a good point, but I would not say that household income is a worthless data point. It's the non-inflation-adjusted total that a household brings in yearly. Almost one-third of San Diego households headed by single mothers lived in poverty last year, up significantly from 2016. Best, Don Bauder

Sept. 15, 2018

Thomas Weller: You are to be congratulated for sharing your meager income with needy people. Best, Don Bauder

Sept. 15, 2018

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Share of San Diego households with two or more workers, 2007-2017
Share of San Diego households with two or more workers, 2007-2017

Center on Policy Initiatives

Median San Diego household income jumped five percent to $76,662 last year, but the main reason is that more people per household were working, according to United States Census Bureau data revealed this morning (September 13).

Inflation-adjusted individual earnings dropped for the third straight year, according to the Center on Policy Initiatives. City of San Diego wages are still lower than before the late 2007-early 2009 recession, according to Peter Brownell, research director of the center. “When you factor in inflation, people are still losing ground,” says Brownell. That is consistent with national data showing middle class inflation-adjusted income stagnant for almost four decades.

Older people are making the difference in San Diego. Twenty percent of those over 65 — or 36,571 seniors — worked in 2017, says the center. That was up 26 percent from the number of seniors working in 2007. (The recession began at the end of 2007.) Seniors take low-paying jobs at companies like Walmart. It’s easier for older people to take such jobs, because they may already own a home and have savings.

Last year's poverty rate was unchanged at 13.1 percent.

Separately, Zillow revealed that county home values have risen eight percent since the recession. The peak median home value before the crash was $540,000. Values bottomed out at $342,800 in the slump and are now at $584,100.

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Comments
7

Household income is meaningless unless one knows how many people constitutes a "household" and how many of them are working. Three adults in a household working full time (40 hours a week) each earning $12 an hour would gross $74,480. Each person on their won would not be able to afford an apartment. In many neighborhoods many working adults are living in one home. In San Diego anything less than $25 an hours is poverty wages.

Sept. 15, 2018

In the San Francisco Bay Area, you need to make at least $50 an hour. And $75-100/hr. for a decent living.

Sept. 15, 2018

dwbat: That would not surprise me. And I would not be surprised if it's more than that in Silicon Valley. Best, Don Bauder

Sept. 15, 2018

"San Francisco Bay Area" includes Silicon Valley.

Sept. 15, 2018

dwbat: Silicon Valley (most of it is in Santa Clara County, but there is no precise definition) is in the San Francisco Bay Area, yes. What I meant is that income and related data for Silicon Valley is higher (depending on the metric) than in the San Francisco Bay Area and also the San Francisco metro area. Maybe I said it clumsily. Best, Don Bauder

Sept. 17, 2018

AlexClarke: You make a good point, but I would not say that household income is a worthless data point. It's the non-inflation-adjusted total that a household brings in yearly. Almost one-third of San Diego households headed by single mothers lived in poverty last year, up significantly from 2016. Best, Don Bauder

Sept. 15, 2018

Thomas Weller: You are to be congratulated for sharing your meager income with needy people. Best, Don Bauder

Sept. 15, 2018

Sign in to comment

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