Personal Income

Per Capita Income by Race & Ethnicity

Santa Clara & San Mateo Counties

Per Capita Income for Residents with a Bachelor’s Degree or Higher by Race & Ethnicity

Santa Clara & San Mateo Counties | 2022

Percent Change in Inflation-Adjusted Per Capita Income, by Race & Ethnicity (2022 dollars)

2012-20172017-20222012-2022
Asian5.3%33%41%
Multiple & Other1.2%36%37%
Hispanic or Latino4.2%27%33%
White, Not Hispanic or Latino3.3%19%23%
Black or African American1.6%18%20%
ALL3.1%25%29%

Data Source:

United States Census Bureau, American Community Survey

Analysis:

Silicon Valley Institute for Regional Studies

Data for Per Capita Income are from the United States Census Bureau American Community Survey 5-Year Estimates. All multi-year dollar-denominated data are inflation-adjusted by the U.S. Census using the All Items CPI-U-RS Annual Averages for each year in the multiyear time period to calculate a set of inflation adjustment factors. Adjustment factors for a time period are calculated as ratios of the CPI-U-RS Annual Average from the most recent year to the CPI-U-RS Annual Averages from each of the earlier years. The ACS values for each of the earlier years in the multiyear period are multiplied by the appropriate inflation adjustment factors to produce the inflation-adjusted values. These values are then used to create the multiyear estimates. The 2012 and 2017 5-Year Estimates were inflation-adjusted to 2022 dollars using the Bay Area consumer price index for all urban consumers from the Bureau of Labor Statistics for Silicon Valley data. Silicon Valley data include Santa Clara and San Mateo Counties. Personal income is defined as the sum of wage or salary income, net self-employment income, interest, dividends, or net rental welfare payments, retirement, survivor or disability pensions; and all other income. Per capita income is derived by dividing the total income of all people 15 years old and over in a geographic area by the total population in that area. Income is not collected for people under 15 years old even though these people are included in the denominator of per capita income. This measure is rounded to the nearest whole dollar. Population data used to compute per capita values are from the United States Census Bureau, American Community Survey 5-Year Estimates. Data for per capita income of residents with a bachelor’s degree or higher by race and ethnicity are from the United States Census Bureau, American Community Survey 2022 1-Year Estimates. Multiple & Other includes Native Hawaiian & Other Pacific Islander Alone, American Indian & Alaska Native Alone, Some Other Race Alone and Two or More Races; White is not Hispanic or Latino.

Multiple & Other includes Native Hawaiian & Other Pacific Islander Alone, American Indian & Alaska Native Alone, Some Other Race Alone and Two or More Races; White is not Hispanic or Latino.

Resources for Relevant Data and Reports (show)

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