Overview

• National median household income rose about 1.3% to roughly $83,730 in 2024, SmartAsset’s review of Census data shows.
• Tampa posted the largest one-year jump among the 50 biggest cities at 15.46%, rising from $72,851 to $84,114, with seniors’ incomes up 17.4% and families with children down 6.2%.
• Four California cities ranked among the fastest growers, including Long Beach (11.90%), San Francisco (10.31%) and Fresno (10.19%), with San Jose up 8.81%.
• Several large cities saw declines, led by Minneapolis (-4.04%) and Miami (-3.35%), while Nashville, Austin, Raleigh, Seattle and Denver recorded smaller drops.
• Tech hubs retained the highest family medians, with San Francisco at $222,836, Seattle at $221,579 and San Jose at $201,721, according to the SmartAsset findings.