What Cities Have the Highest and Lowest Average Incomes in 2024?

Deborah Sabinus

Mon, May 6, 2024, 6:28 PM 15 min read

Living in big cities and making low or average incomes can feel financially impossible when considering overall cost of living, taxes and more. In the U.S., there’s no single city that can tick off all the boxes when it comes to offering the best value in terms of work opportunity and cost of living. There’s always a tradeoff where you have to choose what’s most valuable to you.

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It’s also common to think that the cities with the large populations have higher average incomes and cities with lower populations don’t. But this is not always the case, according to the numbers.

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Since data helps you to make decisions, GOBankingRates has compiled extensive data covering household populations, their median incomes and the dollar difference from the U.S average across cities with both the highest and lowest incomes. It can be surprising that these high- and low-income cities can be found around New York, California and Texas.

See the full list and which cities are in your state.

Cities With the Highest Income

The following cities have the highest average incomes in the country, according to GOBankingRates data.

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Highland Park, TX

Total Population: 8,840
Total Household: 3,191
Median Household Income: $249, 923
Mean Household Income: $469,267
% Difference from Median Household Income: 234.3%
% Difference from Mean household Income: 344.6%
$ Difference from Median Household Income: $175,168
$ Difference from Mean Household Income: $363,712

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Bronxsville, NY

Total Population: 6,570
Total Household: 2,157
Median Household Income: $206,850
Mean Household Income: $416,514
% Difference from Median Household Income: 176.7%
% Difference from Mean household Income: 294.6%
$ Difference from Median Household Income: $132,095
$ Difference from Mean Household Income: $310,959

Rye, NY

Total Population:16,447
Total Household: 5,880
Median Household Income: $227,565
Mean Household Income: $405,074
% Difference from Median Household Income: 204.4%
% Difference from Mean household Income: 283.8%
$ Difference from Median Household Income: $152,810
$ Difference from Mean Household Income: $299,519

The Village of Indian Hill, OH

Total Population: 6,051
Total Household: 2,421
Median Household Income: $218,073
Mean Household Income: $399,251
% Difference from Median Household Income: 191.7%
% Difference from Mean household Income: 278.2%
$ Difference from Median Household Income: $143,318
$ Difference from Mean Household Income: $293,696

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Paradise Valley, AZ

Total Population:12,672
Total Household: 5,046
Median Household Income: $221,333
Mean Household Income: $385,643
% Difference from Median Household Income: 196.1%
% Difference from Mean household Income: 265.3%
$ Difference from Median Household Income: $146,578
$ Difference from Mean Household Income: $280,088

Glencoe, IL

Total Population: 8,787
Total Household: 3,072
Median Household Income: $228,750
Mean Household Income: $383,105
% Difference from Median Household Income:206.0%
% Difference from Mean household Income: 262.9%
$ Difference from Median Household Income: $153,995
$ Difference from Mean Household Income: $277,550

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Palm Beach, FL

Total Population: 9,205
Total Household: 5,370
Median Household Income: $190,824
Mean Household Income: $365,991
% Difference from Median Household Income: 155.3%
% Difference from Mean household Income: 246.7%
$ Difference from Median Household Income: $116,069
$ Difference from Mean Household Income: $260,436

Old Greenwich, CT

Total Population: 7,060
Total Household: 2,321
Median Household Income: $240,417
Mean Household Income: $360,476
% Difference from Median Household Income: 221.6%
% Difference from Mean household Income: 241.5%
$ Difference from Median Household Income: $165,662
$ Difference from Mean Household Income: $254,921

New Albany, OH

Total Population:10,516
Total Household: 3,297
Median Household Income: $224,824
Mean Household Income: $351,688
% Difference from Median Household Income: 200.7%
% Difference from Mean household Income: 233.2%
$ Difference from Median Household Income: $150,069
$ Difference from Mean Household Income: $246,133

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Blackhawk, CA

Total Population: 10,622
Total Household: 3,918
Median Household Income: $234,773
Mean Household Income: $345,843
% Difference from Median Household Income: 214.1%
% Difference from Mean household Income: 227.6%
$ Difference from Median Household Income: $160,018
$ Difference from Mean Household Income: $240,288

Parlos Verdes Estates, CA

Total Population: 13,219
Total Household: 5,123
Median Household Income: $224,766
Mean Household Income: $342,463
% Difference from Median Household Income: 200.7%
% Difference from Mean household Income: 224.4%
$ Difference from Median Household Income: $150,011
$ Difference from Mean Household Income: $236,908

Larchmont, NY

Total Population: 6,549
Total Household: 2,208
Median Household Income: $220,714
Mean Household Income: $340,698
% Difference from Median Household Income: 195.2%
% Difference from Mean household Income: 222.8%
$ Difference from Median Household Income: $145,959
$ Difference from Mean Household Income: $235,143

Kentfield, CA

Total Population: 7,410
Total Household: 2,831
Median Household Income: $208,977
Mean Household Income: $338,463
% Difference from Median Household Income: 179.5%
% Difference from Mean household Income: 220.7%
$ Difference from Median Household Income: $134,222
$ Difference from Mean Household Income: $232,908

Travilah, MD

Total Population: 10,846
Total Household: 3,703
Median Household Income: $248,703
Mean Household Income: $334,773
% Difference from Median Household Income: 232.7%
% Difference from Mean household Income: 217.2%
$ Difference from Median Household Income: $173,948
$ Difference from Mean Household Income: $229,218

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Fair Haven, NJ

Total Population: 6,221
Total Household: 2,106
Median Household Income: $229,643
Mean Household Income: $330,233
% Difference from Median Household Income: 207.2%
% Difference from Mean household Income: 212.9%
$ Difference from Median Household Income: $154,888
$ Difference from Mean Household Income: $224,678

Saratoga, CA

Total Population: 30,771
Total Household: 10,798
Median Household Income: $237,730
Mean Household Income: $329,142
% Difference from Median Household Income: 218.0%
% Difference from Mean household Income: 211.8%
$ Difference from Median Household Income: $162,975
$ Difference from Mean Household Income: $223,587

Upper Saddle River, NJ

Total Population: 8,313
Total Household: 2,602
Median Household Income: $234,476
Mean Household Income: $328,250
% Difference from Median Household Income: 213.7%
% Difference from Mean household Income: 211.0%
$ Difference from Median Household Income: $159,721
$ Difference from Mean Household Income: $222,695

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Montecito, CA

Total Population: 8,529
Total Household: 3,251
Median Household Income: $212,154
Mean Household Income: $327,332
% Difference from Median Household Income: 183.8%
% Difference from Mean household Income: 210.1%
$ Difference from Median Household Income: $137,399
$ Difference from Mean Household Income: $221,777

Orono, MN

Total Population: 8,223
Total Household: 3,048
Median Household Income: $173,209
Mean Household Income: $325,789
% Difference from Median Household Income: 131.7%
% Difference from Mean household Income: 208.6%
$ Difference from Median Household Income: $98,254
$ Difference from Mean Household Income: $220,234

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Staples, CT

Total Population: 7,200
Total Household: 2,580
Median Household Income: $213,158
Mean Household Income: $322,482
% Difference from Median Household Income: 185.1%
% Difference from Mean household Income: 205.5%
$ Difference from Median Household Income: $138,403
$ Difference from Mean Household Income: $216,927

Town and County, MO

Total Population: 11,575
Total Household: 4,147
Median Household Income: $231,382
Mean Household Income: $321,572
% Difference from Median Household Income: 209.5%
% Difference from Mean household Income: 204.6%
$ Difference from Median Household Income: $156,627
$ Difference from Mean Household Income: $216,017

Glen Ridge, NJ

Total Population: 7,797
Total Household: 2,462
Median Household Income: $246,429
Mean Household Income: $317,792
% Difference from Median Household Income: 229.6%
% Difference from Mean household Income: 201.1%
$ Difference from Median Household Income: $171,674
$ Difference from Mean Household Income: $212,237

Medina, MN

Total Population: 6,746
Total Household: 2,311
Median Household Income: $202,153
Mean Household Income: $316,620
% Difference from Median Household Income: 170.4%
% Difference from Mean household Income: 200.0%
$ Difference from Median Household Income: $127,398
$ Difference from Mean Household Income: $211,065

Menlo Park, CA

Total Population: 33,324
Total Household: 11,661
Median Household Income: $198,273
Mean Household Income: $316,584
% Difference from Median Household Income: 165.2%
% Difference from Mean household Income: 199.9%
$ Difference from Median Household Income: $123,518
$ Difference from Mean Household Income: $211,029

Bernardsville, NJ

Total Population: 7,888
Total Household: 2,680
Median Household Income: $220,060
Mean Household Income: $312,818
% Difference from Median Household Income: 194.4%
% Difference from Mean household Income: 196.4%
$ Difference from Median Household Income: $145,305
$ Difference from Mean Household Income: $207,263

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Cities With the Lowest Income

Per the GOBankingRates data, here are the U.S. cities with the lowest average incomes.

Rochester Institute of Technology, NY

Total Population: 5,091
Total Household: 366
Median Household Income: $18,516
Mean Household Income: $31,635
% Difference from Median Household Income: -75.2%
% Difference from Mean household Income: -70.0%
$ Difference from Median Household Income: $56,239
$ Difference from Mean Household Income: $73,920

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Ville Platte, LA

Total Population: 6,364
Total Household: 2,652
Median Household Income: $24,341
Mean Household Income: $32,166
% Difference from Median Household Income: -67.4%
% Difference from Mean household Income: -69.5
$ Difference from Median Household Income: $50,414
$ Difference from Mean Household Income: $73,389

Prairie View, TX

Total Population: 8,039
Total Household: 1,556
Median Household Income: $19,238
Mean Household Income: $32,204
% Difference from Median Household Income: -74.3%
% Difference from Mean household Income: -69.5%
$ Difference from Median Household Income: $55,517
$ Difference from Mean Household Income: $73,351

Cullowhee, NC

Total Population: 6,715
Total Household: 1,662
Median Household Income: $32,054
Mean Household Income: $33,317
% Difference from Median Household Income: -57.1%
% Difference from Mean household Income: -68.4%
$ Difference from Median Household Income: $42,701
$ Difference from Mean Household Income: $72,238

University of California-Davis, CA

Total Population: 8,229
Total Household: 1,402
Median Household Income: $19,541
Mean Household Income: $34,675
% Difference from Median Household Income: -73.9
% Difference from Mean household Income: -67.1
$ Difference from Median Household Income: $55,214
$ Difference from Mean Household Income: $70,880

Isla Vista, CA

Total Population: 14,722
Total Household: 4,762
Median Household Income: $23,121
Mean Household Income: $35,217
% Difference from Median Household Income: -69.1%
% Difference from Mean household Income: -66.6%
$ Difference from Median Household Income: $51,634
$ Difference from Mean Household Income: $70,338

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Anthony, NM

Total Population: 8,708
Total Household: 3,035
Median Household Income: $27,406
Mean Household Income: $38,092
% Difference from Median Household Income: -63.3%
% Difference from Mean household Income: -63.9%
$ Difference from Median Household Income: $47,349
$ Difference from Mean Household Income: $67,463

East Bakersfield, CA

Total Population: 10,754
Total Household: 3,065
Median Household Income: $31,323
Mean Household Income: $39,149
% Difference from Median Household Income: -58.1%
% Difference from Mean household Income: -62.9%
$ Difference from Median Household Income: $43,432
$ Difference from Mean Household Income: $66,406

East Cleveland, OH

Total Population: 13,926
Total Household: 6,576
Median Household Income: $23,004
Mean Household Income: $39,755
% Difference from Median Household Income: -69.2%
% Difference from Mean household Income: -62.3%
$ Difference from Median Household Income: $51,751
$ Difference from Mean Household Income: $65,800

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Salida Del Sol Estates, TX

Total Population: 6,172
Total Household: 1,282
Median Household Income: $20,613
Mean Household Income: $40,076
% Difference from Median Household Income: -72.4%
% Difference from Mean household Income: -62.0%
$ Difference from Median Household Income: $54,142
$ Difference from Mean Household Income: $64,479

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Roma, TX

Total Population: 11,531
Total Household: 3,284
Median Household Income: $26,951
Mean Household Income: $40,176
% Difference from Median Household Income: -63.9%
% Difference from Mean household Income: -61.9%
$ Difference from Median Household Income: $47,804
$ Difference from Mean Household Income: $65,379

Tallulah, LA

Total Population: 6,290
Total Household: 2,131
Median Household Income: $30,070
Mean Household Income: $40,299
% Difference from Median Household Income: -58.4%
% Difference from Mean household Income: -61.8%
$ Difference from Median Household Income: $43,685
$ Difference from Mean Household Income: $65,256

Atmore, AL

Total Population: 8,465
Total Household: 2,725
Median Household Income: $30,472
Mean Household Income: $40,409
% Difference from Median Household Income: -59.2%
% Difference from Mean household Income: -61.7%
$ Difference from Median Household Income: $44,284
$ Difference from Mean Household Income: $65,146

LaFayette, GA

Total Population: 6,929
Total Household: 6,851
Median Household Income: $30,284
Mean Household Income: $40,875
% Difference from Median Household Income: -59.5%
% Difference from Mean household Income: -61.3%
$ Difference from Median Household Income: $44,471
$ Difference from Mean Household Income: $64,780

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Benton Harbor, MI

Total Population: 9,109
Total Household: 3,867
Median Household Income: $26,592
Mean Household Income: $41,132
% Difference from Median Household Income: -64.4%
% Difference from Mean household Income: -61.0%
$ Difference from Median Household Income: $48,163
$ Difference from Mean Household Income: $64,423

Arcadia, FL

Total Population: 7,480
Total Household: 3,015
Median Household Income: $34,598
Mean Household Income: $41,134
% Difference from Median Household Income: -53.7%
% Difference from Mean household Income: -61.0%
$ Difference from Median Household Income: $40,157
$ Difference from Mean Household Income: $64,421

Grambling, LA

Total Population: 5315
Total Household: 1,637
Median Household Income: $25,050
Mean Household Income: $41,301
% Difference from Median Household Income: -66.5%
% Difference from Mean household Income: -60.9%
$ Difference from Median Household Income: $49,705
$ Difference from Mean Household Income: $64,254

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Sparks, TX

Total Population: 5,212
Total Household: 1,345
Median Household Income: $30,848
Mean Household Income: $41,341
% Difference from Median Household Income: -58,7%
% Difference from Mean household Income: -60.8%
$ Difference from Median Household Income: $43,907
$ Difference from Mean Household Income: $64,214

Fort Pierce North, FL

Total Population: 6,519
Total Household: 2,489
Median Household Income: $31,458
Mean Household Income: $42,129
% Difference from Median Household Income: -57.9%
% Difference from Mean household Income: -60.1%
$ Difference from Median Household Income: $43.297
$ Difference from Mean Household Income: $63,426

Marlin, TX

Total Population: 5,478
Total Household: 1,658
Median Household Income: $31,240
Mean Household Income: $42,326
% Difference from Median Household Income: -58.2%
% Difference from Mean household Income: -59.9%
$ Difference from Median Household Income: $43,515
$ Difference from Mean Household Income: $63,299

Smithville, TN

Total Population: 5,059
Total Household: 2,047
Median Household Income: $30,526
Mean Household Income: $42,341
% Difference from Median Household Income: -59.2%
% Difference from Mean household Income: -59.9%
$ Difference from Median Household Income: $44,229
$ Difference from Mean Household Income: $63,214

Columbia, MS

Total Population: 5,831
Total Household: 1,989
Median Household Income: $29,470
Mean Household Income: $42,358
% Difference from Median Household Income: -60.6%
% Difference from Mean household Income: -59.9%
$ Difference from Median Household Income: $45,285
$ Difference from Mean Household Income: $63,197

Marianna, FL

Total Population: 6,681
Total Household: 2,656
Median Household Income: $27,296
Mean Household Income: $42,654
% Difference from Median Household Income: -63.5%
% Difference from Mean household Income: -59.6%
$ Difference from Median Household Income: $47,459
$ Difference from Mean Household Income: $62,901

Johnstown, PA

Total Population: 18,429
Total Household: 9,061
Median Household Income: $33,466
Mean Household Income: $42,726
% Difference from Median Household Income: -55.2%
% Difference from Mean household Income: -59.5%
$ Difference from Median Household Income: $41,289
$ Difference from Mean Household Income: $62,829

Bastrop, LA

Total Population: 9,623
Total Household: 3,548
Median Household Income: $29,286
Mean Household Income: $42,900
% Difference from Median Household Income: -60.8%
% Difference from Mean household Income: -59.4%
$ Difference from Median Household Income: $45,469
$ Difference from Mean Household Income: $62,655

Methodology: For this study, GOBankingRates analyzed the average household income for cities across the United States in order to find the cities with the highest and lowest average incomes. First GOBankingRates found the average household income of cities across the country as sourced from the US Census 2022 American Community Survey. The 25 cities with the highest average income and the 25 cities with the lowest average income were kept for this study. For each of the 50 cities a number of factors were found including; total population, total households, median household income, and the mean household income all sourced from the US Census 2022 American Community Survey. The % difference from median household income, % difference from mean household income, $ difference from median household income, and $ difference from mean household income were calculated using that data. The cities were sorted by the largest and smallest average household incomes. All data was collected on and is up to date as of May 2, 2024.

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This article originally appeared on GOBankingRates.com: What Cities Have the Highest and Lowest Average Incomes in 2024?

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