What is the average household income in Pico Rivera?
What is the Average Household Income in Pico Rivera?
Imagine stepping into the vibrant city of Pico Rivera, CA — nestled in the heart of Los Angeles County, where suburban charm meets modern life. As you stroll down its tree-lined streets, you might wonder: “What’s the average household income here?” This number isn’t just a statistic. It’s a lens through which we can glimpse the economic pulse of Pico Rivera, its opportunities, and its community fabric.
Today, we’ll take a deep dive into the financial landscape of Pico Rivera, CA, blending data insights with an engaging storytelling style. So, what’s the real story behind the average salary in Pico Rivera? Let’s find out.
Why Average Household Income Matters
Average household income influences housing affordability, local business growth, public services, and lifestyle choices. For prospective homeowners, investors, or even curious locals, understanding this figure helps in making informed decisions. It also highlights how Pico Rivera compares within LA County and beyond.
The Key Number: Average Household Income in Pico Rivera, CA (2023)
According to DataUSA, in 2023 Pico Rivera reported an average household income of $92,374 — a 3% increase from previous years.
This aligns closely with California’s overall household income averages (~$95,000).
Compared to Los Angeles County’s average, Pico Rivera is a median-income suburb with promising economic vitality.
Breaking It Down: What Contributes to This Income Level?
The average household income comes from a diverse mix of factors:
Employment Sectors in Pico Rivera
Pico Rivera’s economy is supported by industries like healthcare, retail, education, and professional services. Key employers include:
Healthcare: Local hospitals and clinics provide mid-to-high salaried roles.
Education: Pico Rivera is served by Pico Rivera School District (elementary/middle schools) and El Rancho Unified School District (high schools), offering steady employment for teachers and staff.
Retail & Service: Numerous shops, restaurants, and service businesses support jobs at various income levels.
Household Composition
Many Pico Rivera households are multi-earner families, contributing to a higher average income. This reflects the broader trend toward dual-income households.The Real Estate Factor
Homeownership and property values also indirectly influence income levels. Median home prices in Pico Rivera are higher than the national average but reasonable within LA County, supporting the local economy.
FAQs: Quick Answers on Pico Rivera’s Income & Economy
Q1: How does Pico Rivera’s average income compare to nearby cities?
At $92,374, Pico Rivera’s income is competitive with neighboring cities like Montebello and Downey, which tend to have slightly lower averages.
Q2: Has the average income increased recently?
Yes! A 3% increase in 2023 indicates economic resilience and potential growth.
Q3: What does this mean for newcomers?
Prospective residents can expect stable income levels supporting local services, amenities, and the housing market — making Pico Rivera an attractive suburban option close to LA.
Economic Trends & Pico Rivera’s Future
Remote Work Impact: Professionals working remotely for companies nationwide may raise local disposable income.
Small Business Growth: Steady household income supports local entrepreneurs and service businesses.
Demographic Shifts: Younger families and professionals moving into Pico Rivera bring new skills, balancing the income distribution.
How Average Income Shapes Daily Life
Imagine Sara, a graphic designer who recently moved to Pico Rivera. Her household income fits within the average, allowing her family to:
Enjoy parks and recreation
Participate in community events
Support local businesses
This demonstrates how $92,374 translates into quality of life, opportunity, and community engagement.
Why This Matters for Real Estate
Affordability & Financing: Knowing local incomes helps homebuyers plan realistic mortgages or rental budgets.
Market Stability: Solid income numbers support a resilient housing market.
Investment Insights: Investors can assess neighborhood demand and economic health.
How to Use This Information
Compare Incomes Regionally: Evaluate surrounding towns to understand economic positioning.
Check Local Job Markets: Identify growing sectors in Pico Rivera.
Factor in Cost of Living: Pair income data with housing, transportation, and other expenses.
Consult Experts: Licensed professionals can provide tailored guidance for financial or real estate decisions.
Wrapping Up: Pico Rivera’s Income Landscape
The average household income in Pico Rivera, CA is $92,374. This number reflects economic vitality, community characteristics, and potential for future growth. Understanding it helps residents, investors, and homebuyers make informed choices in real estate, lifestyle, and career planning.
📞 Contact: Ramon Sanchez
📍 Title: Real Estate Agent
📲 Phone: (562) 715-3103
📧 Email: [email protected]
🌐 Website: ramonsanchezreg.com
