December 22, 2025
The United States shows wide income differences across states. In 2024, the top ten states with the highest median household incomes range from $96,049 to $104,828. Massachusetts tops the list with $104,828. Its strength comes from a skilled workforce, universities like Harvard and MIT, and strong biotech, healthcare, and finance sectors. Boston is the key economic and cultural center despite high living costs.
New Jersey follows closely at $104,294. Its proximity to New York and Philadelphia supports finance, IT, and biotech industries. It also has the highest population density and many millionaires per capita.
Maryland’s median income is $102,905, boosted by biotech, IT, aerospace, and federal agencies like NIH and NASA. Baltimore acts as the state’s economic hub with a well-educated workforce.
Hawaii brings $100,745, thanks to tourism, agriculture, and military spending. The state also enjoys the longest life expectancy and strong living standards.
California's median income stands at $100,149. Tech in Silicon Valley, Hollywood’s entertainment, and agriculture drive its large economy. It also plays a major role in international trade.
New Hampshire earns $99,782, with strength in technology, manufacturing, finance, and real estate. Low taxes and closeness to Boston help its economy.
Washington state reports $99,389, powered by tech giants like Amazon and Microsoft, aerospace, trade, hydroelectric power, and farming.
Colorado makes $97,113 through aerospace, federal research, technology, agriculture, telecommunications, and mining. Denver is a key city for these sectors.
Utah's $96,658 income is supported by tourism, technology, mining, agriculture, and energy. The business-friendly tax system and the Wasatch Front drive growth.
Finally, Connecticut with $96,049 depends on finance, insurance, real estate, and advanced manufacturing. It has high income but also high taxes and income inequality.
These states show how top industries, human capital, and geographic benefits create wealth, though they face challenges like high living expenses and income disparity.
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Tags:
Us States
Median Household Income
Top Earning States
Industries
Economic growth
Income Disparity
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