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Colorado is the eighth-richest state in the United States, with a per capita income of $47,346 (2022) [1] and a median household income of $87,598 (2022). [ 2 ] Colorado counties ranked by per capita income
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 ...
High earners can skew the average income much higher than the median income. To use a simple example, if two earners make $20,000, one makes $40,000 and two make $120,000, the median income is ...
Massachusetts is the state with the highest annual income of $76,600. This salary is significantly more than the national average salary of $63,795. This story was produced by SoFi and reviewed ...
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
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.)
Here’s a list of how much residents of each state bring in each year on average, along with how each state (and Washington D.C.) ranks — with No. 1 being the highest average and No. 51 the lowest.
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.