Are California's millennials paid enough?

"Start with the median household income for California's city-dwelling millennials at $109,600. That's 33% above the $82,600 median in the cities outside of California. Next, consider the overall median income of $101,200 in California compared with $76,100 elsewhere - also a 33% gap. While California millennials are clearly well-compensated compared with their national peers, consider the modest premium they earn in-state."

"In 10 of these 77 California cities, millennial earnings trail overall incomes - that's 13% of the state, indicating a high potential for financial stress. Outside the Golden State, millennials earn less than the overall income in 26 of the 280 cities, which is just 9%. Those 10 California cities are topped by Santa Maria, where millennial household incomes of $66,000 are 12% below $75,000 for all. That 12% deficit was the third-largest of 357 cities nationwide."

California city-dwelling millennials have a median household income of $109,600, 33% above the $82,600 median outside California. The overall median income in California is $101,200 versus $76,100 elsewhere, also a 33% gap. The millennial median in California exceeds the state's overall median by about the same percentage-point margin found in other U.S. cities, indicating a modest in-state premium. Income levels influence local demand and cost of living. Ten of 77 California cities (13%) show millennial earnings below overall incomes, raising financial stress risks, with Santa Maria showing a 12% millennial deficit.

Read at The Mercury News