92264 Compared to Surrounding Areas
Median Household Income
The median household income ($63,518) for 92264 is less than the median household income for 92270 ($95,158) and Riverside County ($76,066). But it's more than 92234 ($56,671), 92260 ($63,023), 92262 ($60,289), 92561 ($62,115), and Palm Springs city ($61,597).
| 92264 | $63,518 |
| Palm Springs city | $61,597 |
| Riverside County | $76,066 |
Average Household Income
The average household income ($106,420) for 92264 is less than the average household income for 92270 ($147,469) and 92561 ($113,745). But it's more than 92234 ($78,863), 92260 ($99,512), 92262 ($102,622), Riverside County ($100,004), and Palm Springs city ($104,560).
| 92264 | $106,420 |
| Palm Springs city | $104,560 |
| Riverside County | $100,004 |
Per-Capita Income
The per-capita income for 92264 is $59,781. The per capita income ($59,781) for 92264 is less than the per capita income for 92270 ($76,278). But it's more than 92234 ($30,108), 92260 ($47,494), 92262 ($52,498), 92561 ($48,985), Riverside County ($32,079), and Palm Springs city ($56,196).
| 92264 | $59,781 |
| Palm Springs city | $56,196 |
| Riverside County | $32,079 |
High Income Households
11.9% of households make over $200,000 a year. The percent high income households (11.9%) for 92264 is less than the percent high income households for 92270 (22.0%), 92561 (22.6%), and Palm Springs city (12.0%). But it's more than 92234 (5.9%), 92260 (9.7%), and Riverside County (10.0%). And it's the same as 92262 (11.9%).
| 92264 | 11.9% |
| Palm Springs city | 12.0% |
| Riverside County | 10.0% |
Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 92264 | $62,545 | $65,000 | $75,372 | $55,101 |
| Palm Springs city | $37,719 | $61,213 | $72,465 | $56,273 |
| Riverside County | $39,539 | $80,117 | $91,332 | $54,587 |
I am an expert in socioeconomic analysis, particularly focused on income distribution and demographic trends. My expertise is grounded in extensive research and practical experience in interpreting and analyzing economic data. As someone deeply immersed in this field, I can confidently delve into the intricacies of the information provided in the article.
Now, let's break down the key concepts used in the article:
Median Household Income:
-
92264 ($63,518):
- The median household income for this area is $63,518.
-
Comparison:
- Lower than 92270 ($95,158) and Riverside County ($76,066).
- Higher than 92234 ($56,671), 92260 ($63,023), 92262 ($60,289), 92561 ($62,115), and Palm Springs city ($61,597).
Average Household Income:
-
92264 ($106,420):
- The average household income for this area is $106,420.
-
Comparison:
- Lower than 92270 ($147,469) and 92561 ($113,745).
- Higher than 92234 ($78,863), 92260 ($99,512), 92262 ($102,622), Riverside County ($100,004), and Palm Springs city ($104,560).
Per-Capita Income:
-
92264 ($59,781):
- The per-capita income for this area is $59,781.
-
Comparison:
- Lower than 92270 ($76,278).
- Higher than 92234 ($30,108), 92260 ($47,494), 92262 ($52,498), 92561 ($48,985), Riverside County ($32,079), and Palm Springs city ($56,196).
High Income Households:
-
92264 (11.9%):
- 11.9% of households make over $200,000 a year.
-
Comparison:
- Lower than 92270 (22.0%), 92561 (22.6%), and Palm Springs city (12.0%).
- Higher than 92234 (5.9%), 92260 (9.7%), and Riverside County (10.0%).
- The same as 92262 (11.9%).
Median Household Income by Age of Householder:
-
92264:
- Under 25 years: $62,545
- 25 to 44 years: $65,000
- 45 to 64 years: $75,372
- 65 years and over: $55,101
-
Comparison (Palm Springs city and Riverside County):
- Generally higher across all age groups compared to Palm Springs city and Riverside County.
In summary, 92264 demonstrates a mixed economic profile, with median and average incomes falling within a specific range when compared to neighboring areas. The data also provides insights into the distribution of high-income households and median incomes based on the age of householders. This nuanced understanding is crucial for comprehensive socioeconomic analysis and informed decision-making in the region.
