Income percentile: does anyone have income percentiles for the bayarea? (San Francisco: 2015, homes)

[aramax666]

I am curious if there is data for households and individual earners?

[aramax666]

http://siliconvalleyindicators.org/p...ty-2015-06.pdf

Is this believable?
Average incomes of the top-earning five percent of households are highest in Marin County ($801,606), San Mateo County ($614,990), San Francisco ($586,684) and Santa Clara County ($529,579)

[SFBayBoomer]

Originally Posted by aramax666

http://siliconvalleyindicators.org/p...ty-2015-06.pdf

Is this believable?
Average incomes of the top-earning five percent of households are highest in Marin County ($801,606), San Mateo County ($614,990), San Francisco ($586,684) and Santa Clara County ($529,579)

95% of the people don't earn anywhere near that.

[peninsular]

Originally Posted by SFBayBoomer

95% of the people don't earn anywhere near that.

Clearly those are two different things. Earnings of the 95th percentile are not the same that the average earnings of top 5 %.

=================
2009-2013 American Community Survey 5-Year Estimates
Subject Santa Clara County, California
-------------------- Households/Families/Married couples/Nonfamily households
Less than $10,000 ---- 3.9% 2.8% 1.4% 8.2%
$10,000 to $14,999 --- 3.2% 1.7% 1.1% 7.3%
$15,000 to $24,999 --- 6.2% 5.1% 3.6% 9.8%
$25,000 to $34,999 --- 6.1% 5.4% 4.1% 8.6%
$35,000 to $49,999 --- 8.7% 8.2% 6.6% 10.5%
$50,000 to $74,999 --- 13.6% 13.1% 11.7% 15.2%
$75,000 to $99,999 --- 12.1% 11.7% 11.4% 12.1%
$100,000 to $149,999 - 18.9% 19.8% 21.5% 14.9%
$150,000 to $199,999 - 11.3% 12.8% 14.8% 6.8%
$200,000 or more ----- 16.1% 19.4% 23.9% 6.4%

Median income (dollars) 91,702 103,983 121,605 58,354
Mean income (dollars) 120,718 133,959 151,549 80,203

Other counties in the Bay Area (and the entire county) can be looked up at factfinder.census.gov

[hsw]

Census data is junk; any smart 8yo kid knows that: sampling error is perhaps the polite term...

IRS is only one w/legit data

AFAIK, IRS on web site discloses %iles for US, not specific zips, etc

Many of top 1% of earners file at accountants' offices, not at their primary residence, so near-imposs to localize data but can easily guess where they might reside

Treasury monthly discloses on Net US indiv inc tax withholding revs (largely stuff from normal W-2 wages, not cap gains); iirc, +7%ish ytd yoy: consistent w/robust AAPL, NKE, SBUX, etc 8+%ish profit growth from alleged "struggling" middle-income US...

Always amusing juxtaposing media fiction abt middle-income/alleged poor folks' struggles vs IRS monthly tax rev data or AAPL, NKE, SBUX, etc quarterly profits...esp when alleged poors in US are big custs of AAPL, NKE, etc

[MediocreButArrogant]

Originally Posted by aramax666

http://siliconvalleyindicators.org/p...ty-2015-06.pdf

Is this believable?
Average incomes of the top-earning five percent of households are highest in Marin County ($801,606), San Mateo County ($614,990), San Francisco ($586,684) and Santa Clara County ($529,579)

That's believable. The average for the top 5% is going to be skewed by all the very high incomes of the top 1/2 of 1%. So it is going to be a bigger number than the median for the top 5%, which by definition would be a 97.5th percentile income. It's just like how the average home price around here is around 100k or larger than the median home price. The prices of the most expensive homes skew the mean without affecting the median.

I think that paper said the 95th percentile income for the entire bay area was around 250k. That also is believable. And if you believe that, you can sort of extrapolate to where a 97.5th percentile income lies, and then factor in that skewing of the average by ultra-high incomes, and yeah, I could believe the numbers are accurate.

[mstnghu2]

Originally Posted by hsw

Census data is junk; any smart 8yo kid knows that: sampling error is perhaps the polite term...

IRS is only one w/legit data

AFAIK, IRS on web site discloses %iles for US, not specific zips, etc

Many of top 1% of earners file at accountants' offices, not at their primary residence, so near-imposs to localize data but can easily guess where they might reside

Treasury monthly discloses on Net US indiv inc tax withholding revs (largely stuff from normal W-2 wages, not cap gains); iirc, +7%ish ytd yoy: consistent w/robust AAPL, NKE, SBUX, etc 8+%ish profit growth from alleged "struggling" middle-income US...

Always amusing juxtaposing media fiction abt middle-income/alleged poor folks' struggles vs IRS monthly tax rev data or AAPL, NKE, SBUX, etc quarterly profits...esp when alleged poors in US are big custs of AAPL, NKE, etc

Cool story, Bro!