The median household income in Carmel Valley Village, CA was $166,117 in 2022. This figure represents a significant increase from the previous year, highlighting economic growth within the community.
Income Trends in Carmel Valley Village
The median household income in Carmel Valley Village has shown a strong upward trend in recent years. This growth indicates a robust local economy and potentially rising property values or higher-paying job opportunities for its residents.
Here's a snapshot of the recent median household income figures:
| Year | Median Household Income |
|---|---|
| 2022 | $166,117 |
| 2021 | $142,222 |
Households in Carmel Valley Village
In 2022, Carmel Valley Village, CA, was home to approximately 1,970 households. The growth in median household income across these households reflects an improvement in the financial well-being of the community's residents.
Key Insights
- Significant Growth: The median household income saw a substantial increase from $142,222 in 2021 to $166,117 in 2022. This represents a growth of over 16% year-over-year.
- Community Size: The income data pertains to the approximately 1.97 thousand households residing in Carmel Valley Village, CA, providing a clear demographic context for the financial figures.
- Economic Health Indicator: A rising median household income is often a strong indicator of a healthy and developing local economy, suggesting an increase in earning potential for residents.
