Household Income Groups
Key Takeaways
- Over the last decade, the share of households in the USC area making over $100,000 has more than doubled while the share of households making under $30,000 has decreased by 10 percentage points. This indicates a changing population around USC, with significant growth in the proportion of USC area residents that are making an income of greater than $60,000 per year, as lower-income residents become a much smaller proportion of the population. While the trends in income and shifting populations are similar in the larger City of Los Angeles, they are more pronounced in the USC area.