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
Katy Perry shares new photos, videos with Justin Trudeau in Instagram post

Katy Perry’s Instagram Buzz: Exclusive Photos and Videos with Canadian Prime Minister Justin Trudeau

Former Japanese Prime Minister Fumio Kishida shared a moment on social media,…
'God took his angel back': Family and friends honor the life of Matthew Jackson

Heartfelt Tributes Pour In: Celebrating the Life and Legacy of Matthew Jackson

The Riverside High School community is mourning the tragic loss of one…
Fox News True Crime Newsletter: Alex Murdaugh's money man, Charles Manson's cult, 'Smiley Face' killer theory

Former Murdaugh Family Housekeeper Reveals Lingering Fear of Mysterious White Truck from Night of Tragic Murders

The lingering shadow of a white pickup truck continues to haunt Blanca…
Tara Reid Chicago news: Rosemont releases 911 calls from incident involving 'American Pie' actress at DoubleTree by Hilton Hotel

911 Calls Released: Tara Reid’s Incident at Rosemont’s DoubleTree Hotel Uncovered

ROSEMONT, Ill. (WLS) — In a recent development, Rosemont authorities have made…
Be a Part of the Light 2025: My Block, My Hood, My City volunteers decorate South Side, Chicago homes on King Drive for holidays

Illuminate 2025: Volunteers Transform Chicago’s South Side for the Holidays with My Block, My Hood, My City

In Chicago, a spirited group is redefining the phrase “deck the halls”…
Coast Guard is searching for a person, possibly in the water, after finding unmanned raft in Mayport

Coast Guard Launches Search for Missing Individual Following Discovery of Unmanned Raft in Mayport Waters

The Coast Guard and local agencies are calling on the public for…
Mass killings fall to lowest level in nearly two decades, national database shows

Mass Killings in the U.S. Drop to 20-Year Low, Reveals National Database

The United States has reported 17 mass killings so far in 2025,…

Intense Louisiana Manhunt: Dangerous Inmate Charged with Attempted Murder Evades Capture

Authorities in Louisiana are on the lookout for the final fugitive among…
Bryan Kohberger trying to buddy up with serial killers from behind bars, source says

Bryan Kohberger Allegedly Seeks Connection with Infamous Serial Killers While Incarcerated, Insider Reveals

Bryan Kohberger, the convicted murderer currently incarcerated, has reportedly been attempting to…
Somalis live in constant fear, danger as disturbing reality hovers over their daily lives

Somalia’s Daily Struggles: Navigating Fear and Uncertainty in a Challenging Reality

Somalia, located on the Horn of Africa, remains a perilous hotspot for…
Another must-watch moment for Michael Jordan as NBA great testifies at NASCAR trial

Michael Jordan Takes the Stand: NBA Legend’s Testimony Shakes Up NASCAR Trial

CHARLOTTE, N.C. — Michael Jordan, a figure synonymous with legendary achievements, recently…
Man pleads guilty to 2020 Atlantic Beach murder

Justice Served: Man Admits Guilt in Chilling 2020 Atlantic Beach Murder Case

Hudson Rady, a 25-year-old man, will face sentencing on February 2, 2026,…