Northern California Incomes On The Rise
The State Franchise Tax Board has released figures showing that incomes in the Northern San Joaquin Valley have risen much faster than the rest of the state.
Stanislaus County taxpayers saw their income go up by more than 16 percent, which compares to ten percent statewide. However, the county´s median income of just under $30,000 a year still falls below the statewide median of just more than $32,000 a year.
A research group says the rise in incomes is partially due to residents commuting to higher paying jobs in the Bay area. Merced County also saw a 16% rise while San Joaquin County experienced a 15% increase.
Tuolumne County incomes rose more than 9%, and Calaveras County taxpayers have seen their incomes grow by 14%.