Local counties trail Bay Area in income
Sacramento Business Journal - 12:27 PM PDT Friday, April 6, 2007
Residents in El Dorado and Placer counties boast some of the heftiest incomes in the state, and all four Greater Sacramento counties top the statewide average, according to a report released Friday.
El Dorado County's median income reached $43,935 in 2005, the fifth-highest in the state based on all income tax returns filed that year, according to the state Franchise Tax Board. Median income for the county's joint returns was $75,775, No. 6 in the state.
Nearby Placer County's median income of $42,632 ranked No. 6, while income from joint returns reached $75,611, seventh in the state in 2005, the most recent figures available.
Sacramento and Yolo counties' median income for all returns finished at No. 20 and No. 22, respectively. Sacramento County's median income was $35,402, with joint returns at $63,878, No. 19 in the state. Yolo County's median income for all returns was $34,331, while it ranked No. 15 in the state among joint returns, with a median of $66,263.
Statewide, the median income increased 2.7 percent to $34,128 compared to 2004, and joint income tax returns reached $63,587, a 4.1 percent gain from 2004.
Yuba County had the state's largest increase in median income, improving 9.4 percent to $29,843 -- and also the greatest jump for joint returns at 11.3 percent to $48,121.
Marin had the state's highest individual and joint income at $48,854 and $107,856, respectively. San Mateo, Santa Clara and Contra Costa rounded out the top four.
Imperial County has the state's lowest median income at $22,962.
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