Chico is a city in California state in USA with a population of 98683 residents.. The poverty rate of Chico is 22.4%, which is 60% higher than national average. The typical household in Chico earns $57357 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 46.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chico, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chico remained 7.3%, which is 55% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chico, only 39% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Chico is 121, which is 21% higher than national average. Median home value in Chico is $349300 , which is 52% higher than national average. While median income in Chico remained $57357, which is 15% lower than national average.