In order to combat inflation and lower the cost of living, Hawaii’s governor Josh Green signed the largest income tax cut in Hawaii’s history into law on June 3, 2024. Green’s aim is to keep residents in Hawaii, stating that, “We’ve seen an exodus of people who are living paycheck to paycheck.”
The grim reality of living on a shoestring budget is not unique to citizens of Hawaii. According to a report by the Pew Research Center, as the middle class in the United States shrinks, income growth has been most rapid for the top 5% of families.
In many major cities across the United States, incomes are far higher than average. Cities provide the necessary conditions for increased wealth and prosperity at the individual level and in America, these large cities are thought to be the key to the nation’s future. Based on the most recent available annual data from the Bureau of Economic Analysis, the combined economic output of the Los Angeles and San Francisco metro areas accounts for over half of California’s annual GDP.
24/7 Wall St. identified the wealthiest city in every U.S. state by using metro area-level data on median household income from the U.S. Census Bureau’s 2022 American Community Survey. Additional income and population data also came from the ACS. It is important to note that four states – Delaware, New Hampshire, Rhode Island, and Vermont – have only one metropolitan area. As a result, the cities listed in these places rank as the richest by default only.
The typical household earns well over $10,000 more than the national median household income in many of the cities featured on this list. These areas are usually major population centers with rapidly growing technology or financial sectors. (Here is a look at the cities where most people make over $90k a year.)
Why This Matters
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24/7 is covering the wealthiest cities in every U.S. state to keep readers informed on economic trends, and how they can affect personal wealth. Some of the cities listed are the nation’s cultural and economic hubs. They provide a multitude of opportunities, from jobs and education to culture and recreation. These cities and urban areas are also magnets for investment capital.
Here is the wealthiest city in every U.S. state.
Alabama: Huntsville
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- Average household income: $81,066 – the highest of the 12 state metro areas
- Average household income for entire state: $59,674 – #44 highest of 50 states
- Residences in Huntsville with incomes of $200,000 or higher: 26,394 (5.5% of households – #51 highest out of 384 U.S. metro areas)
- Number of residents: 514,465
Alaska: Anchorage
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- Average household income: $95,791 – the highest of the 2 state metro areas
- Average household income for entire state: $88,121 – #11 highest of 50 states
- Residences in Anchorage with incomes of $200,000 or higher: 20,020 (4.3% of households – #46 highest out of 384 U.S. metro areas)
- Number of residents: 400,470
Arizona: Phoenix-Mesa-Chandler
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- Average household income: $82,884 – the highest of the 7 state metro areas
- Average household income for entire state: $74,568 – #19 highest of 50 states
- Residences in Phoenix-Mesa-Chandler with incomes of $200,000 or higher: 217,891 (4.7% of households – #69 highest out of 384 U.S. metro areas)
- Number of residents: 5,015,678
Arkansas: Fayetteville-Springdale-Rogers
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- Average household income: $73,364 – the highest of the 6 state metro areas
- Average household income for entire state: $55,432 – #47 highest of 50 states
- Residences in Fayetteville-Springdale-Rogers with incomes of $200,000 or higher: 20,679 (4.0% of households – #110 highest out of 384 U.S. metro areas)
- Number of residents: 576,724
California: San Jose-Sunnyvale-Santa Clara
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- Average household income: $148,900 – the highest of the 26 state metro areas
- Average household income for entire state: $91,551 – #5 highest of 50 states
- Residences in San Jose-Sunnyvale-Santa Clara with incomes of $200,000 or higher: 254,410 (3.4% of households – #1 highest out of 384 U.S. metro areas)
- Number of residents: 1,938,524
Colorado: Denver-Aurora-Lakewood
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- Average household income: $98,975 – the highest of the 7 state metro areas
- Average household income for entire state: $89,302 – #8 highest of 50 states
- Residences in Denver-Aurora-Lakewood with incomes of $200,000 or higher: 218,512 (3.8% of households – #17 highest out of 384 U.S. metro areas)
- Number of residents: 2,985,871
Connecticut: Bridgeport-Stamford-Norwalk
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- Average household income: $105,968 – the highest of the 4 state metro areas
- Average household income for entire state: $88,429 – #10 highest of 50 states
- Residences in Bridgeport-Stamford-Norwalk with incomes of $200,000 or higher: 89,458 (4.9% of households – #3 highest out of 384 U.S. metro areas)
- Number of residents: 963,211
Delaware: Dover
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- Average household income: $72,675 (only metro area in state, highest by default)
- Average household income for entire state: $82,174 – #14 highest of 50 states
- Residences in Dover with incomes of $200,000 or higher: 3,586 (3.9% of households – #310 highest out of 384 U.S. metro areas)
- Number of residents: 186,946
Florida: Naples-Marco Island
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- Average household income: $80,815 – the highest of the 22 state metro areas
- Average household income for entire state: $69,303 – #33 highest of 50 states
- Residences in Naples-Marco Island with incomes of $200,000 or higher: 27,063 (5.1% of households – #25 highest out of 384 U.S. metro areas)
- Number of residents: 397,994
Georgia: Atlanta-Sandy Springs-Alpharetta
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- Average household income: $84,876 – the highest of the 14 state metro areas
- Average household income for entire state: $72,837 – #21 highest of 50 states
- Residences in Atlanta-Sandy Springs-Alpharetta with incomes of $200,000 or higher: 309,626 (4.5% of households – #44 highest out of 384 U.S. metro areas)
- Number of residents: 6,222,908
Hawaii: Urban Honolulu
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- Average household income: $96,580 – the highest of the 2 state metro areas
- Average household income for entire state: $92,458 – #4 highest of 50 states
- Residences in Urban Honolulu with incomes of $200,000 or higher: 55,494 (5.1% of households – #24 highest out of 384 U.S. metro areas)
- Number of residents: 995,638
Idaho: Boise City
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- Average household income: $80,928 – the highest of the 6 state metro areas
- Average household income for entire state: $72,785 – #22 highest of 50 states
- Residences in Boise City with incomes of $200,000 or higher: 30,097 (3.2% of households – #100 highest out of 384 U.S. metro areas)
- Number of residents: 813,801
Illinois: Chicago-Naperville-Elgin
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- Average household income: $82,914 – the highest of the 10 state metro areas
- Average household income for entire state: $76,708 – #17 highest of 50 states
- Residences in Chicago-Naperville-Elgin with incomes of $200,000 or higher: 508,321 (5.6% of households – #40 highest out of 384 U.S. metro areas)
- Number of residents: 9,442,159
Indiana: Indianapolis-Carmel-Anderson
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- Average household income: $75,824 – the highest of the 12 state metro areas
- Average household income for entire state: $66,785 – #38 highest of 50 states
- Residences in Indianapolis-Carmel-Anderson with incomes of $200,000 or higher: 86,243 (5.1% of households – #94 highest out of 384 U.S. metro areas)
- Number of residents: 2,142,193
Iowa: Des Moines-West Des Moines
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- Average household income: $80,061 – the highest of the 8 state metro areas
- Average household income for entire state: $69,588 – #31 highest of 50 states
- Residences in Des Moines-West Des Moines with incomes of $200,000 or higher: 32,635 (3.4% of households – #80 highest out of 384 U.S. metro areas)
- Number of residents: 729,053
Kansas: Wichita
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- Average household income: $67,012 – the highest of the 4 state metro areas
- Average household income for entire state: $68,925 – #34 highest of 50 states
- Residences in Wichita with incomes of $200,000 or higher: 17,543 (5.5% of households – #200 highest out of 384 U.S. metro areas)
- Number of residents: 650,039
Kentucky: Louisville/Jefferson County
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- Average household income: $69,547 – the highest of the 5 state metro areas
- Average household income for entire state: $59,341 – #46 highest of 50 states
- Residences in Louisville/Jefferson County with incomes of $200,000 or higher: 44,932 (5.4% of households – #143 highest out of 384 U.S. metro areas)
- Number of residents: 1,285,426
Louisiana: Baton Rouge
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- Average household income: $64,222 – the highest of the 9 state metro areas
- Average household income for entire state: $55,416 – #48 highest of 50 states
- Residences in Baton Rouge with incomes of $200,000 or higher: 26,526 (6.8% of households – #164 highest out of 384 U.S. metro areas)
- Number of residents: 873,060
Maine: Portland-South Portland
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- Average household income: $84,312 – the highest of the 3 state metro areas
- Average household income for entire state: $69,543 – #32 highest of 50 states
- Residences in Portland-South Portland with incomes of $200,000 or higher: 28,995 (4.4% of households – #63 highest out of 384 U.S. metro areas)
- Number of residents: 561,576
Maryland: California-Lexington Park
Source: Famartin / Wikimedia Commons
- Average household income: $113,717 – the highest of the 5 state metro areas
- Average household income for entire state: $94,991 – #2 highest of 50 states
- Residences in California-Lexington Park with incomes of $200,000 or higher: 9,939 (5.9% of households – #6 highest out of 384 U.S. metro areas)
- Number of residents: 114,877
Massachusetts: Boston-Cambridge-Newton
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- Average household income: $104,299 – the highest of the 5 state metro areas
- Average household income for entire state: $94,488 – #3 highest of 50 states
- Residences in Boston-Cambridge-Newton with incomes of $200,000 or higher: 437,971 (4.9% of households – #5 highest out of 384 U.S. metro areas)
- Number of residents: 4,900,550
Michigan: Ann Arbor
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- Average household income: $79,665 – the highest of the 14 state metro areas
- Average household income for entire state: $66,986 – #37 highest of 50 states
- Residences in Ann Arbor with incomes of $200,000 or higher: 21,551 (6.4% of households – #35 highest out of 384 U.S. metro areas)
- Number of residents: 366,376
Minnesota: Minneapolis-St. Paul Bloomington
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- Average household income: $91,341 – the highest of the 5 state metro areas
- Average household income for entire state: $82,338 – #13 highest of 50 states
- Residences in Minneapolis-St. Paul-Bloomington with incomes of $200,000 or higher: 214,549 (3.9% of households – #34 highest out of 384 U.S. metro areas)
- Number of residents: 3,693,729
Mississippi: Jackson
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- Average household income: $58,064 – the highest of the 3 state metro areas
- Average household income for entire state: $52,719 – #50 highest of 50 states
- Residences in Jackson with incomes of $200,000 or higher: 13,825 (7.0% of households – #245 highest out of 384 U.S. metro areas)
- Number of residents: 580,661
Missouri: Kansas City
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- Average household income: $75,280 – the highest of the 8 state metro areas
- Average household income for entire state: $64,811 – #41 highest of 50 states
- Residences in Kansas City with incomes of $200,000 or higher: 92,128 (5.2% of households – #92 highest out of 384 U.S. metro areas)
- Number of residents: 2,209,152
Montana: Billings
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- Average household income: $78,781 – the highest of the 3 state metro areas
- Average household income for entire state: $67,631 – #35 highest of 50 states
- Residences in Billings with incomes of $200,000 or higher: 6,849 (3.6% of households – #130 highest out of 384 U.S. metro areas)
- Number of residents: 190,208
Nebraska: Omaha-Council Bluffs
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- Average household income: $79,638 – the highest of the 3 state metro areas
- Average household income for entire state: $69,597 – #30 highest of 50 states
- Residences in Omaha-Council Bluffs with incomes of $200,000 or higher: 41,472 (4.2% of households – #83 highest out of 384 U.S. metro areas)
- Number of residents: 976,875
Nevada: Reno
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- Average household income: $80,333 – the highest of the 3 state metro areas
- Average household income for entire state: $72,333 – #23 highest of 50 states
- Residences in Reno with incomes of $200,000 or higher: 22,945 (4.7% of households – #70 highest out of 384 U.S. metro areas)
- Number of residents: 501,206
New Hampshire: Manchester-Nashua
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- Average household income: $96,921 (only metro area in state, highest by default)
- Average household income for entire state: $89,992 – #7 highest of 50 states
- Residences in Manchester-Nashua with incomes of $200,000 or higher: 28,332 (2.4% of households – #20 highest out of 384 U.S. metro areas)
- Number of residents: 426,594
New Jersey: Trenton-Princeton
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- Average household income: $95,668 – the highest of the 4 state metro areas
- Average household income for entire state: $96,346 – #1 highest of 50 states
- Residences in Trenton-Princeton with incomes of $200,000 or higher: 28,258 (6.1% of households – #10 highest out of 384 U.S. metro areas)
- Number of residents: 380,688
New Mexico: Santa Fe
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- Average household income: $72,544 – the highest of the 4 state metro areas
- Average household income for entire state: $59,726 – #43 highest of 50 states
- Residences in Santa Fe with incomes of $200,000 or higher: 7,128 (5.7% of households – #104 highest out of 384 U.S. metro areas)
- Number of residents: 155,664
New York: New York-Newark-Jersey City
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- Average household income: $91,562 – the highest of the 13 state metro areas
- Average household income for entire state: $79,557 – #16 highest of 50 states
- Residences in New York-Newark-Jersey City with incomes of $200,000 or higher: 1,454,593 (6.2% of households – #11 highest out of 384 U.S. metro areas)
- Number of residents: 19,617,869
North Carolina: Raleigh-Cary
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- Average household income: $92,739 – the highest of the 15 state metro areas
- Average household income for entire state: $67,481 – #36 highest of 50 states
- Residences in Raleigh-Cary with incomes of $200,000 or higher: 87,109 (3.8% of households – #27 highest out of 384 U.S. metro areas)
- Number of residents: 1,484,338
North Dakota: Bismarck
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- Average household income: $77,969 – the highest of the 3 state metro areas
- Average household income for entire state: $71,970 – #25 highest of 50 states
- Residences in Bismarck with incomes of $200,000 or higher: 5,268 (5.3% of households – #113 highest out of 384 U.S. metro areas)
- Number of residents: 134,427
Ohio: Columbus
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- Average household income: $75,777 – the highest of the 11 state metro areas
- Average household income for entire state: $65,720 – #39 highest of 50 states
- Residences in Columbus with incomes of $200,000 or higher: 93,849 (4.8% of households – #81 highest out of 384 U.S. metro areas)
- Number of residents: 2,161,511
Oklahoma: Oklahoma City
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- Average household income: $66,301 – the highest of the 4 state metro areas
- Average household income for entire state: $59,673 – #45 highest of 50 states
- Residences in Oklahoma City with incomes of $200,000 or higher: 45,490 (6.1% of households – #157 highest out of 384 U.S. metro areas)
- Number of residents: 1,459,380
Oregon: Portland-Vancouver-Hillsboro
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- Average household income: $89,312 – the highest of the 8 state metro areas
- Average household income for entire state: $75,657 – #18 highest of 50 states
- Residences in Portland-Vancouver-Hillsboro with incomes of $200,000 or higher: 146,467 (4.3% of households – #33 highest out of 384 U.S. metro areas)
- Number of residents: 2,509,140
Pennsylvania: Philadelphia-Camden-Wilmington
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- Average household income: $84,123 – the highest of the 18 state metro areas
- Average household income for entire state: $71,798 – #26 highest of 50 states
- Residences in Philadelphia-Camden-Wilmington with incomes of $200,000 or higher: 369,673 (5.6% of households – #30 highest out of 384 U.S. metro areas)
- Number of residents: 6,241,164
Rhode Island: Providence-Warwick
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- Average household income: $81,784 (only metro area in state, highest by default)
- Average household income for entire state: $81,854 – #15 highest of 50 states
- Residences in Providence-Warwick with incomes of $200,000 or higher: 83,695 (5.6% of households – #55 highest out of 384 U.S. metro areas)
- Number of residents: 1,673,802
South Carolina: Hilton Head Island-Bluffton
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- Average household income: $81,038 – the highest of the 8 state metro areas
- Average household income for entire state: $64,115 – #42 highest of 50 states
- Residences in Hilton Head Island-Bluffton with incomes of $200,000 or higher: 13,106 (5.1% of households – #37 highest out of 384 U.S. metro areas)
- Number of residents: 228,410
South Dakota: Sioux Falls
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- Average household income: $77,605 – the highest of the 2 state metro areas
- Average household income for entire state: $69,728 – #29 highest of 50 states
- Residences in Sioux Falls with incomes of $200,000 or higher: 10,130 (4.1% of households – #137 highest out of 384 U.S. metro areas)
- Number of residents: 289,295
Tennessee: Nashville-Davidson-Murfreesboro-Franklin
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- Average household income: $80,034 – the highest of the 10 state metro areas
- Average household income for entire state: $65,254 – #40 highest of 50 states
- Residences in Nashville-Davidson–Murfreesboro–Franklin with incomes of $200,000 or higher: 93,449 (4.3% of households – #75 highest out of 384 U.S. metro areas)
- Number of residents: 2,046,715
Texas: Austin-Round Rock-Georgetown
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- Average household income: $94,604 – the highest of the 25 state metro areas
- Average household income for entire state: $72,284 – #24 highest of 50 states
- Residences in Austin-Round Rock-Georgetown with incomes of $200,000 or higher: 175,533 (4.5% of households – #18 highest out of 384 U.S. metro areas)
- Number of residents: 2,421,115
Utah: Provo-Orem
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- Average household income: $95,687 – the highest of the 5 state metro areas
- Average household income for entire state: $89,168 – #9 highest of 50 states
- Residences in Provo-Orem with incomes of $200,000 or higher: 25,533 (2.9% of households – #58 highest out of 384 U.S. metro areas)
- Number of residents: 714,454
Vermont: Burlington-South Burlington
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- Average household income: $83,707 (only metro area in state, highest by default)
- Average household income for entire state: $73,991 – #20 highest of 50 states
- Residences in Burlington-South Burlington with incomes of $200,000 or higher: 10,170 (4.8% of households – #85 highest out of 384 U.S. metro areas)
- Number of residents: 228,270
Virginia: Charlottesville
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- Average household income: $83,910 – the highest of the 9 state metro areas
- Average household income for entire state: $85,873 – #12 highest of 50 states
- Residences in Charlottesville with incomes of $200,000 or higher: 14,426 (5.9% of households – #26 highest out of 384 U.S. metro areas)
- Number of residents: 223,534
Washington: Seattle-Tacoma-Bellevue
Source: wonderlane / Flickr
- Average household income: $106,909 – the highest of the 11 state metro areas
- Average household income for entire state: $91,306 – #6 highest of 50 states
- Residences in Seattle-Tacoma-Bellevue with incomes of $200,000 or higher: 360,032 (4.1% of households – #7 highest out of 384 U.S. metro areas)
- Number of residents: 4,034,248
West Virginia: Weirton-Steubenville
Source: Public Domain / Wikimedia Commons
- Average household income: $58,076 – the highest of the 7 state metro areas
- Average household income for entire state: $54,329 – #49 highest of 50 states
- Residences in Weirton-Steubenville with incomes of $200,000 or higher: 1,360 (6.3% of households – #380 highest out of 384 U.S. metro areas)
- Number of residents: 114,066
Wisconsin: Madison
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- Average household income: $83,214 – the highest of the 12 state metro areas
- Average household income for entire state: $70,996 – #27 highest of 50 states
- Residences in Madison with incomes of $200,000 or higher: 37,134 (4.6% of households – #57 highest out of 384 U.S. metro areas)
- Number of residents: 687,077
Wyoming: Cheyenne
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- Average household income: $71,621 – the highest of the 2 state metro areas
- Average household income for entire state: $70,042 – #28 highest of 50 states
- Residences in Cheyenne with incomes of $200,000 or higher: 1,776 (4.2% of households – #344 highest out of 384 U.S. metro areas)
- Number of residents: 100,723
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