Which US States Are Seeing Incomes Rise The Fastest (And Slowest) Since 2019, U.S. household incomes have surged - rising from $68,700 to $83,730 nationally, a 21.9% increase in just five years. But where you live matters a lot. While some states tracked close to the national average, others saw incomes climb at nearly double the pace, driven by booming local industries and major investment. State...
Which US States Are Seeing Incomes Rise The Fastest (And Slowest) Since 2019, U.S. household incomes have surged - rising from $68,700 to $83,730 nationally, a 21.9% increase in just five years. But where you live matters a lot. While some states tracked close to the national average, others saw incomes climb at nearly double the pace, driven by booming local industries and major investment. States like Colorado posted outsized gains, while Georgia’s expanding EV industry brought billions in investment and rising paychecks. The map, via Visual Capitalist's Dorothy Neufeld, shows which states saw the fastest growth in median household income from 2019 to 2024, using data from the U.S. Census Bureau . Trends in Median Income by State Below, we show the change in median household income for all 50 U.S. states and D.C. between 2019 and 2024 using nominal figures (not adjusted for inflation): Rank State Change in Median Household Income 2019-2024 Median Household Income 2019 Median Household Income 2024 1 Colorado 46.9% $72,500 $106,500 2 Georgia 43.4% $56,630 $81,210 3 Maine 36.3% $66,550 $90,730 4 Montana 36.1% $60,190 $81,920 5 Tennessee 34.0% $56,630 $75,860 6 Rhode Island 31.6% $70,150 $92,290 7 Massachusetts 29.9% $87,710 $113,900 8 Florida 29.6% $58,370 $75,630 9 Iowa 29.4% $66,050 $85,480 10 Missouri 29.4% $60,600 $78,390 11 California 28.8% $78,100 $100,600 12 New Hampshire 28.7% $86,900 $111,800 13 North Dakota 25.8% $70,030 $88,080 14 Mississippi 25.0% $44,790 $55,980 15 Ohio 24.5% $64,660 $80,520 16 South Dakota 24.3% $64,260 $79,850 17 Michigan 23.9% $64,120 $79,460 18 South Carolina 23.8% $62,030 $76,780 19 Idaho 23.7% $65,990 $81,650 20 Utah 23.0% $84,520 $104,000 21 Wisconsin 22.6% $67,350 $82,560 22 New York 20.8% $71,850 $86,830 23 Texas 20.8% $67,440 $81,490 24 Wyoming 20.8% $65,130 $78,680 25 New Mexico 20.8% $53,110 $64,140 26 Oregon 20.5% $74,410 $89,700 27 Virginia 20.2% $81,310 $97,720 28 Kansas 19.9% $73,150 $87,690 29 Arizona 19.9% $70,670 $84,7...