As of 2023, the median household income in Beverly Hills, California, is approximately $127,979. This figure represents the midpoint where half of the households earn more and half earn less. In contrast, the average household income in Beverly Hills is notably higher, estimated at around $231,793. The average (mean) income can be skewed by extremely high earners, which is common in affluent areas like Beverly Hills.
For context, the median household income in the United States during the same period is approximately $78,538. This comparison highlights that Beverly Hills' median income is significantly higher than the national median.
It's important to note that income figures can vary between sources due to differences in data collection methods and time frames. Additionally, the median provides a more accurate representation of a typical household's income, as it is less influenced by outliers compared to the average.
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