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States and territories ranked by median household income. Average annual growth rate 2013–2023, % States and Washington, D.C. 2023 2022 2021 2019 2018 2017 2016
The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
Next is the median income by state for a household of three people, according to data compiled by the Census Bureau between April 1 and May 14, 2023. Cavan Images/istockphoto. Alabama.
Average income by state: On average, Mississippi is the lowest-earning state with an average income of $48,048, ... The median annual salary in 2023 for Texas was $68,744, nearly $10,000 more than ...
The average salary in the United States is has been increasing year over year. ... which has been growing each year from 2020 to 2023. In 2020, the median salary was $53,612. That grew to $55,588 ...
Two common measurements of the average annual income of individuals in the United States are: per capita income (PCI) and per capita personal income (PCPI). Per capita personal income is the more comprehensive of the two measures, and thus PCPI for an individual, county, or state will be higher than PCI.
Alabama. Median income for ages 15 to 24: $29,426 Median income for ages 25 to 44: $29,426 Median income for ages 45 to 64: $73,784 Median income for ages 65 and over: $47,114 Trending Now: The 7 ...