
By Jaclyn DeJohn, CFP
Key Findings
- Pine Hills, FL saw the highest increase in median income. The median income rose by an estimated 65% in Pine Hills, going from $43,452 in 2022 to $71,735 in 2023. The share of households earning over $100,000 per year increased from 15.2% to 27.4% in this timeframe, helping to bolster the median.
- Income rose by over 30% in four other cities. Rounding out the top five, Apple Valley, CA saw a 37.3% increase in median household income, with residents nearly at par with the U.S. median in 2023 at $77,159. Kissimmee, FL ended 2023 with a slightly lower-than-average median income at $59,142 after a 33.1% increase. Davis, FL incomes grew by 32.7%, landing at $89,386. In fifth place, Tulare, CA households earned a median of $77,286 after a 31.9% annual increase.
- The median income in this city is nearly $239,000. Sammamish, WA had the highest median income in 2023 at $238,750. This comes after a 6.7% increase from $223,849. Additionally, 57.9% of households earned more than $200,000, while 82.8% of households earned more than $100,000.
- Households in this city saw a nearly 18% drop in median household income. Marysville, WA had the largest drop in income, going from $104,433 in 2022 to $85,708 in 2023. Other cities with the largest drops include Champaign, IL (-17.7%); Madera, CA (-17.5%); Baton Rouge, LA (-17.2%); and Union City, CA (16.2%).
Top 10 Places Where Income Increased the Most
Cities are ranked according to the percent change in estimated median household income between 2023 and 2022.
- Pine Hills, Florida
- One-year change in median income: 65.09%
- Median income, 2023: $71,735
- Median income, 2022: $43,452
- Percent of households earning $100k or more, 2023: 27.4%
- Percent of households earning $100k or more, 2022: 15.2%
- Percent of households earning $200k or more, 2023: 1.8%
- Percent of households earning $200k or more, 2022: 4.5%
- Apple Valley, California
- One-year change in median income: 37.33%
- Median income, 2023: $77,159
- Median income, 2022: $56,187
- Percent of households earning $100k or more, 2023: 38.4%
- Percent of households earning $100k or more, 2022: 24.5%
- Percent of households earning $200k or more, 2023: 6.9%
- Percent of households earning $200k or more, 2022: 7.8%
- Kissimmee, Florida
- One-year change in median income: 33.07%
- Median income, 2023: $59,142
- Median income, 2022: $44,445
- Percent of households earning $100k or more, 2023: 25.7%
- Percent of households earning $100k or more, 2022: 17.5%
- Percent of households earning $200k or more, 2023: 3.2%
- Percent of households earning $200k or more, 2022: 1.8%
- Davis, California
- One-year change in median income: 32.67%
- Median income, 2023: $89,386
- Median income, 2022: $67,373
- Percent of households earning $100k or more, 2023: 44%
- Percent of households earning $100k or more, 2022: 39.9%
- Percent of households earning $200k or more, 2023: 21.3%
- Percent of households earning $200k or more, 2022: 18.2%
- Tulare, California
- One-year change in median income: 31.92%
- Median income, 2023: $77,286
- Median income, 2022: $58,586
- Percent of households earning $100k or more, 2023: 41.2%
- Percent of households earning $100k or more, 2022: 26.4%
- Percent of households earning $200k or more, 2023: 7.7%
- Percent of households earning $200k or more, 2022: 6.3%
- Clearwater, Florida
- One-year change in median income: 29.58%
- Median income, 2023: $73,178
- Median income, 2022: $56,474
- Percent of households earning $100k or more, 2023: 38.4%
- Percent of households earning $100k or more, 2022: 27.6%
- Percent of households earning $200k or more, 2023: 9%
- Percent of households earning $200k or more, 2022: 9.7%
- Avondale, Arizona
- One-year change in median income: 29.38%
- Median income, 2023: $86,428
- Median income, 2022: $66,801
- Percent of households earning $100k or more, 2023: 42.5%
- Percent of households earning $100k or more, 2022: 34.4%
- Percent of households earning $200k or more, 2023: 9.6%
- Percent of households earning $200k or more, 2022: 5.1%
- East Orange, New Jersey
- One-year change in median income: 29.33%
- Median income, 2023: $56,293
- Median income, 2022: $43,527
- Percent of households earning $100k or more, 2023: 24.8%
- Percent of households earning $100k or more, 2022: 22.4%
- Percent of households earning $200k or more, 2023: 7.2%
- Percent of households earning $200k or more, 2022: 4.6%
- Davenport, Iowa
- One-year change in median income: 27.39%
- Median income, 2023: $69,595
- Median income, 2022: $54,630
- Percent of households earning $100k or more, 2023: 29.8%
- Percent of households earning $100k or more, 2022: 22.4%
- Percent of households earning $200k or more, 2023: 5.3%
- Percent of households earning $200k or more, 2022: 3.5%
- Walnut Creek, California
- One-year change in median income: 26.97%
- Median income, 2023: $134,770
- Median income, 2022: $106,141
- Percent of households earning $100k or more, 2023: 62.4%
- Percent of households earning $100k or more, 2022: 51.8%
- Percent of households earning $200k or more, 2023: 31.7%
- Percent of households earning $200k or more, 2022: 31.2%
Top 10 Places With the Highest Median Income
Cities are ranked according to the highest estimated median household income in 2023.
- Sammamish, Washington
- Median income, 2023: $238,750
- Median income, 2022: $223,849
- One-year change in median income: 6.66%
- Percent of households earning $100k or more, 2023: 82.8%
- Percent of households earning $100k or more, 2022: 78.8%
- Percent of households earning $200k or more, 2023: 57.9%
- Percent of households earning $200k or more, 2022: 54.8%
- San Ramon, California
- Median income, 2023: $195,491
- Median income, 2022: $192,291
- One-year change in median income: 1.66%
- Percent of households earning $100k or more, 2023: 75.7%
- Percent of households earning $100k or more, 2022: 76.2%
- Percent of households earning $200k or more, 2023: 48.7%
- Percent of households earning $200k or more, 2022: 48.7%
- Bethesda, Maryland
- Median income, 2023: $191,198
- Median income, 2022: $158,720
- One-year change in median income: 20.46%
- Percent of households earning $100k or more, 2023: 73.2%
- Percent of households earning $100k or more, 2022: 68.5%
- Percent of households earning $200k or more, 2023: 48.7%
- Percent of households earning $200k or more, 2022: 39.6%
- Sunnyvale, California
- Median income, 2023: $189,443
- Median income, 2022: $169,781
- One-year change in median income: 11.58%
- Percent of households earning $100k or more, 2023: 74.2%
- Percent of households earning $100k or more, 2022: 68.8%
- Percent of households earning $200k or more, 2023: 48.6%
- Percent of households earning $200k or more, 2022: 43.7%
- Newton, Massachusetts
- Median income, 2023: $185,154
- Median income, 2022: $163,074
- One-year change in median income: 13.54%
- Percent of households earning $100k or more, 2023: 72.1%
- Percent of households earning $100k or more, 2022: 67.1%
- Percent of households earning $200k or more, 2023: 47.3%
- Percent of households earning $200k or more, 2022: 42.4%
- Palo Alto, California
- Median income, 2023: $184,068
- Median income, 2022: $179,707
- One-year change in median income: 2.43%
- Percent of households earning $100k or more, 2023: 68.9%
- Percent of households earning $100k or more, 2022: 70.7%
- Percent of households earning $200k or more, 2023: 46.9%
- Percent of households earning $200k or more, 2022: 45.6%
- Mountain View, California
- Median income, 2023: $181,671
- Median income, 2022: $165,448
- One-year change in median income: 9.81%
- Percent of households earning $100k or more, 2023: 71.6%
- Percent of households earning $100k or more, 2022: 69.5%
- Percent of households earning $200k or more, 2023: 45.2%
- Percent of households earning $200k or more, 2022: 43.3%
- Milpitas, California
- Median income, 2023: $179,727
- Median income, 2022: $169,818
- One-year change in median income: 5.84%
- Percent of households earning $100k or more, 2023: 72.9%
- Percent of households earning $100k or more, 2022: 72.3%
- Percent of households earning $200k or more, 2023: 47.2%
- Percent of households earning $200k or more, 2022: 41.7%
- Pleasanton, California
- Median income, 2023: $177,535
- Median income, 2022: $183,969
- One-year change in median income: -3.50%
- Percent of households earning $100k or more, 2023: 75.9%
- Percent of households earning $100k or more, 2022: 74.6%
- Percent of households earning $200k or more, 2023: 43.8%
- Percent of households earning $200k or more, 2022: 47.5%
- Redmond, Washington
- Median income, 2023: $172,979
- Median income, 2022: $152,851
- One-year change in median income: 13.17%
- Percent of households earning $100k or more, 2023: 70.5%
- Percent of households earning $100k or more, 2022: 68.5%
- Percent of households earning $200k or more, 2023: 42.8%
- Percent of households earning $200k or more, 2022: 34.5%
Data and Methodology
SmartAsset examined data for estimated local median household incomes from the U.S. Census Bureau for 2023 and 2022 for 636 cities with available data and a population of at least 65,000. The percentage of households earning at least $100,000 and at least $200,000 in each year was also examined.
This story was produced by SmartAsset and reviewed and distributed by Stacker.
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