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Alameda County ranks 4th in median income

Trails Marin, San Mateo, Santa Clara in 2012 statewide report

The statewide median income for all 2012 individual tax returns was $35,910, an increase of 3.5% over 2011's median income amount, according to a report issued this week by the California Franchise Tax Board (FTB).

For joint returns, the statewide median income was $70,938, an increase of 4.1% over 2011, the board's report showed.

"Median income" is the point where one half of the tax returns is above and one half is below the midpoint of the range of values. Median income represents the income reported by a typical California individual or couple.

California taxpayers filed nearly 16 million 2012 state income tax returns, reporting almost $1.5 trillion of adjusted gross income. This is an increase of 27.7% from tax year 2011 figure of $1.1 trillion. Adjusted gross income is a tax term that means the total income increased or reduced by specific adjustments, before taking the standard or itemized deduction.

Over the past 40 years, the Bay Area counties of Marin, San Mateo, Santa Clara and Alameda have consistently reported the highest median incomes. Marin County still has the highest median income for joint returns, reporting $127,471, an increase of 6.1% over 2011.

Here are the top 10 counties by rank with their median income for joint returns:

1. Marin - $127,471

2. San Mateo - $109,827

3. Santa Clara - $109,309

4. Alameda - $93,557

5. Contra Costa - $93,367

6. San Francisco - $87,446

7. Placer - $83,869

8. El Dorado - $82,706

9. Orange - $78,108

10.Ventura - $77,340

Los Angeles County taxpayers filed more than a quarter (26.6%) of all 2012 income tax returns in California. It reported median incomes of $31,144 for all individual returns, and $60,939 for joint returns, ranking 36th and 25th respectively.

The largest percentage gain in median income for all counties was 6.0%, reported in Contra Costa County. For joint filed returns the largest increase was in San Francisco County, with a 7.7% increase.

Comments

Posted by Conservative Family Values, a resident of Del Prado
on Feb 18, 2014 at 1:39 pm

Funny how the top six counties in median income are all liberal bastions. Those wonderful republican counties in the Central Valley and Inland Empire rank near the bottom. Facts seem to have a well-known liberal bias.


Posted by Right, a resident of Another Pleasanton neighborhood
on Feb 18, 2014 at 6:45 pm

Yes, there are lots of hypocritical liberal elites in this area, thanks for pointing that out, CFV. I'm sure Obama already knows this and will be more than happy to implement his fix to 'income inequality' in a neighborhood near you. Prepare to lose some of your income and have it given to underachievers. Enjoy living on a lower standard.


Posted by Ph.D., a resident of Happy Valley
on Feb 18, 2014 at 9:49 pm

No surprise here. Republicans want the population to be dumb, miserable, all salted and fatted up with potato chips, and glued to the television set. (See above.) When people become educated, and experience relatively higher levels of success because of it, they see Republican pap for exactly what it is.


Posted by Spudly, a resident of Laguna Oaks
on Feb 19, 2014 at 6:24 am

The real question - What is the median income of an Alameda County employee and don't forget to include the retirement. Focus on senior management and I imagine they blow away the average citizen earning rate?


Posted by Employee, a resident of Another Pleasanton neighborhood
on Feb 19, 2014 at 9:35 pm

So right, Spudly. Pleasanton is so isolated, few actually see that pathetic operation in our county offices, so overpaid...like BART. All those fat retirements for people who couldn't get jobs out here in the real world. But they demonstrate a 'living large attitude'!! Oblivious to those who actually have to function according to job descriptions.
Along with more union fat retirements for all the well-paid Cal network of employees at every level. Layer on layer duplications in the whole Alameda County network. We have 3 court systems to support, Oakland, Hayward, and Pleasanton. Most of the rest of us, have no retirements, some have personal IRAs.


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