This statistic shows the median household income of the top 20 most populated US cities in 2011. In New York, median household income was USD 49,461.
Median household income in populous U.S. cites
According to data released by the U.S. Census Bureau in 2012, San Jose city in California had the highest median household income of cities ranking within the top twenty in terms of population. Median household income there was 76,593 U.S. dollars in 2011. San Francisco, California ranked second, and Washington D.C. ranked third. Philadelphia, Pennsylvania, ranked fifth among the top 20 U.S. cities with the highest resident population with 1.5 million inhabitants, ranked last in terms of median household income at 34,207 U.S. dollars in 2011.
Median household income in the United States fell in recent years. In 2007, before the worst of the recession, median household income was 54,489 U.S. dollars nationwide. As of 2011, median household income had dropped by roughly four thousand U.S. dollars to 50,831 U.S. dollars. As of 2011, median household income by state was highest in Maryland, New Hampshire, Connecticut and Massachusetts. It was lowest in Montana, South Carolina and Kentucky. Families with an annual income of less than 25,000 U.S. dollars made up the largest income bracket in America, with about 30 million households.
Data on median household income can be compared to statistics on personal income in the U.S. released by the Bureau of Economic Analysis. Personal income rose to 13.4 trillion U.S. dollars in 2012, the highest value in over ten years. Personal income is a measure of the total income received by persons from all sources, while median household income is “the amount with divides the income distribution into two equal groups,” according to the U.S. Census Bureau. Half of the population in question lives above median income and half lives below. Though total personal income has increased in recent years, this wealth is not distributed throughout the population. In practical terms, income of most households has decreased. One additional statistic illustrates this disparity: for the lowest quintile of workers, mean household income has remained more or less steady for the past decade at about 11 or 12 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers
has actually risen from about 221,000 U.S. dollars in 1990 to about 311,00 constant U.S. dollars in 2011.