Most populated cities in the U.S. - median household income 2018
This statistic shows the median household income of the top 25 most populated US cities in 2018. In New York, median household income was 63,799 U.S. dollars.
The median household income of the United States can be accessed here.
Median household income in populous U.S. cites
According to data released by the U.S. Census Bureau in 2018, San Jose city in California had the highest median household income of cities ranking within the top 25 in terms of population. The median household income in San Jose was 113,036 U.S. dollars in 2018. In that year, San Francisco in California was ranked second, and Seattle, Washington third.
Following a fall after the great recession, median household income in the United States has been increasing in recent years. In 2007, before the worst of the recession, median household income was 56,436 U.S. dollars nationwide. As of 2013, median household income had dropped by roughly 3,800 U.S. dollars to 52,850 U.S. dollars, but has since increased to reach 63,179 dollars in 2018. As of 2018, median household income by state was highest in Massachusetts, Maryland, Washington D.C. and New Hampshire. It was lowest in Mississippi, New Mexico and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.8 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 17.57 trillion U.S. dollars in 2018, 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 13 to 14 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 244,138 U.S. dollars in 1990 to about 416,520 U.S. dollars in 2018.
The median household income of the United States can be accessed here.
Median household income in populous U.S. cites
According to data released by the U.S. Census Bureau in 2018, San Jose city in California had the highest median household income of cities ranking within the top 25 in terms of population. The median household income in San Jose was 113,036 U.S. dollars in 2018. In that year, San Francisco in California was ranked second, and Seattle, Washington third.
Following a fall after the great recession, median household income in the United States has been increasing in recent years. In 2007, before the worst of the recession, median household income was 56,436 U.S. dollars nationwide. As of 2013, median household income had dropped by roughly 3,800 U.S. dollars to 52,850 U.S. dollars, but has since increased to reach 63,179 dollars in 2018. As of 2018, median household income by state was highest in Massachusetts, Maryland, Washington D.C. and New Hampshire. It was lowest in Mississippi, New Mexico and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.8 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 17.57 trillion U.S. dollars in 2018, 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 13 to 14 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 244,138 U.S. dollars in 1990 to about 416,520 U.S. dollars in 2018.
