The average annual household income in San Luis Obispo is $96,358, while the median household income sits at $61,862 per year. Residents aged 25 to 44 earn $91,681, while those between 45 and 64 years old have a median wage of $103,053. In contrast, people younger than 25 and those older than 65 earn less, at $20,681 and $64,805, respectively.