Get updates delivered to you daily. Free and customizable.
GOBankingRates
What Is the Median Household Income for a Family in Every State
By J. David Herman,
4 hours ago
Compare median household incomes for families by state, and you’ll find some very large discrepancies, so says the U.S. Census Bureau’s American Community Survey.
The survey sliced its data a couple of different ways for 2022 – the most recent year for which data is available. “Married couple families” referred to spouses who are listed as members of the same household, regardless of whether they have children living with them. The term “families” alone was used to describe a householder and one or more people related to that householder by birth, marriage or adoption who live in the same household.
Among the 50 states and the District of Columbia, “median income for families” ranged from about $68,000 to $142,000. “Median income for married couple families” ranged from about $85,000 to $220,000.
Sixteen states and the District of Columbia showed median income for families at $100,000 or more, while nine states came in below $80,000. Numbers for married couple families were consistently higher. For that definition of “family,” all but 11 states cracked the $100,000 mark.
The six places with the highest median incomes are located in the Northeast and Mid-Atlantic regions of the U.S.
Across all categories (not just families), the Census Bureau reported that the median income for 2022 in the U.S. was $74,580. That was 2.3% lower than the 2021 figure. The study went on to say that householders under the age of 65 bore the brunt of that decline, with those age 65 and up not significantly affected.
Median income for married couple families: $104,227
Methodology : For this piece, GOBankingRates sourced data from the U.S. Census Bureau’s 2022 American Community Survey (the most recent data available). “Median income for families” describes a householder and one or more people related to that householder by birth, marriage or adoption who live in the same household. “Married couple families” describes spouses who are listed as members of the same household, regardless of whether they have children living with them. All data is up to date as of June 19, 2024.
Get updates delivered to you daily. Free and customizable.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Comments / 0