California Median Income Reaches Historic Milestones
The California median income is a good guide to how well residents in the Golden State are doing financially. The California economy (until the pandemic) was sitting pretty, and its citizens are earning income. The numbers used to qualify for a “straight bankruptcy” have broken some very notable milestones.
Nov 2023 Update: The updated 2023 median income numbers were released, which took effect on November 1, 2023. The California median income for a one-person household is now almost $10,000 higher than when this article was written three years ago. Read the updated median income piece.