These US cities are making more money than last year, says new report
Share this @internewscast.com

(NEXSTAR) – The income you earn can differ significantly based on your location in the U.S. Although the cost of living keeps climbing nationwide, the national income levels are also gradually increasing.

A recent analysis by SmartAsset reveals that Americans experienced a 1.3% boost in household income from the previous year, with the average household earning about $83,730 annually.

Certain cities experienced a noticeably larger income surge compared to others. To pinpoint these cities, SmartAsset reviewed the newest U.S. Census Bureau data to assess the median household income among residents in the 50 largest U.S. cities for both 2023 and 2024.

Tampa, FL landed at the top of the list with a 15.46% increase in household income, going from the average income being $72,851 to now being $84,114.

After Tampa, three California cities were listed with Long Beach, San Francisco, and Fresno all seeing between a 10-11% increase in household income.

Here are the 15 cities that are seeing more income year over year than the rest of the country, according to SmartAsset.

Rank City Change in household income Household income, 2024 Household income, 2023
1 Tampa, FL 15.46% $84,114 $72,851
2 Long Beach, CA 11.90% $91,318 $81,606
3 San Francisco, CA 10.31% $139,801 $126,730
4 Fresno, CA 10.19% $74,491 $67,603
5 Louisville, KY 9.37% $67,251 $61,488
6 San Jose, CA 8.81% $148,226 $136,229
7 Baltimore, MD 8.73% $64,778 $59,579
8 Tucson, AZ 8.57% $60,483 $55,708
9 Chicago, IL 8.24% $80,613 $74,474
10 Mesa, AZ 8.13% $85,580 $79,145
11 Columbus, OH 7.59% $67,084 $62,350
12 Arlington, TX 7.48% $74,388 $69,208
13 Kansas City, MO 7.26% $69,958 $65,225
14 Charlotte, NC 7.24% $86,416 $80,581
15 Tulsa, OK 7.23% $60,930 $56,821
(SmartAsset)

On the other end of the spectrum, several cities are actually making less money year over year.

In terms of decreased income, Minneapolis, MN, tops the list of major cities, with a decline of 4.04% in household income year over year. Following Minneapolis, Miami, FL, experienced a 3.35% reduction in income.

Here’s the full list of cities seeing less money on average, according to SmartAsset.

Rank City Change in household income Household income, 2024 Household income, 2023
50 Minneapolis, MN -4.04% $77,732 $81,001
49 Miami, FL -3.35% $66,337 $68,635
48 Denver, CO -1.76% $92,504 $94,157
47 Seattle, WA -1.54% $118,745 $120,608
46 Raleigh, NC -1.45% $85,060 $86,309
45 Austin, TX -1.17% $90,430 $91,501
44 Nashville, TN -0.16% $80,090 $80,217
(SmartAsset)

To see the full list of cities, check out SmartAsset’s study on their website.

Share this @internewscast.com
You May Also Like
Iran has 'open window' to negotiate, but 'clock is not on their side,' Pete Hegseth says

Pete Hegseth: Iran Faces Time-Sensitive Opportunity for Diplomatic Negotiations

Secretary of War Pete Hegseth recently addressed the potential for negotiations with…
Prosecutors seek 30-year prison term for South Korea's Yoon for drone flights over Pyongyang

Prosecutors Request 30-Year Sentence for South Korea’s Yoon Over Drone Operations in Pyongyang

On Friday, South Korean prosecutors called for a 30-year prison sentence for…
Every look Anne Hathaway and Meryl Streep wore during the 'The Devil Wears Prada 2' press tour

Anne Hathaway and Meryl Streep’s Iconic Fashion Moments Steal the Spotlight on ‘The Devil Wears Prada 2’ Press Tour

Two decades after “The Devil Wears Prada” captivated audiences, Meryl Streep, Anne…
Three alleged Antifa-linked protesters indicted in Atlanta police training center contractor firebombing

Explosive Charges: Trio with Alleged Antifa Ties Indicted for Atlanta Police Center Firebombing

In a significant legal development, three protesters with alleged affiliations to Antifa…
Former North Carolina police officer accused of threatening mass shooting at New Orleans festival

Ex-North Carolina Police Officer Faces Allegations of Threatening Mass Shooting at New Orleans Festival

A former police officer from North Carolina was taken into custody late…
Nolte: Saudis Back Out of Metropolitan Opera’s $200 Million Blood-Money Bailout

Metropolitan Opera’s $200 Million Lifeline Withdrawn as Saudi Support Vanishes

In a striking turn of events, the very progressive elites who once…
North Carolina woman charged in alleged Houston synagogue attack plot as investigators search for 2 others

Breaking: North Carolina Woman Arrested in Houston Synagogue Attack Plot as Authorities Hunt for Additional Suspects

A woman from North Carolina has been formally charged in connection with…
California voter ID initiative heads to November ballot

California’s Voter ID Proposal Set for Decision in November Election

A proposed measure aiming to strengthen voter identification and citizenship verification for…
NTSB report details how controller decision and tech failures led to deadly runway collision

NTSB Report Reveals Controller Decisions and Technical Failures Contributed to Fatal Runway Collision

A recent federal investigation has uncovered a series of safety lapses that…
2026 NFL Draft: Chicago Bears fans excited for 1st round pick Oregon safety Dillon Thieneman as draft continues Friday

2026 NFL Draft: Chicago Bears Enthusiasts Anticipate First-Round Selection of Oregon Safety Dillon Thieneman as Draft Progresses Friday

In an exciting development for Chicago Bears fans, the team’s top draft…
Truth behind ugly family feud that led to supposed 'spur of the moment' black paint attack on bride

Unveiling the Shocking Family Feud: The Real Story Behind the ‘Spur-of-the-Moment’ Black Paint Attack on Bride

In a dramatic twist of family dynamics, a UK bride was left…
Ilhan Omar husband’s California winery closes its doors amid scrutiny of congresswoman’s family finances

California Winery Owned by Ilhan Omar’s Husband Shuts Down Amid Financial Scrutiny

A California winery, co-owned by Tim Mynett, the husband of Democratic Representative…