Top 5 U.S. States By Median Household Income

In this article, we are going to look at the top 5 U.S. states by median household income. If you want to read more about the states with the highest median household income and read about some of the key trends in America’s job market, you can go to Top 20 U.S. States By Median Household Income.

5. California

Median Household Income: $91,551

California is the third largest state and the most populated state. Nicknamed the Golden State, it is known for its many attractions including the Golden Gate Bridge and the Hollywood sign. With a median household income of $91,551, California ranks among the top 5 U.S. states by median household income.

4. Hawaii

Median Household Income: $92,458

Hawaii is the only U.S. state that is an archipelago. Because of its diverse natural scenery, beautiful beaches, warm tropical climate, and oceanic surroundings, the state attracts visitors from around the world. According to the most recent reported data, Hawaii has a median household income of $92,458.

3. Massachusetts

Median Household Income: $94,488

Massachusetts is the most populated state in the New England region. The city of Boston is the state’s capital and most populated city as well as the state’s cultural and financial hub. Massachusetts is best known for its many colleges and universities, including Harvard University and Massachusetts Institute of Technology (MIT). With a median household income of $94,488, Massachusetts ranks among the top 3 U.S. states by median household income.

2. Maryland

Median Household Income: $94,991

Maryland is a state in the Mid-Atlantic region of the U.S. that is known for fishing and coal mining. The state also produces the second most blue crabs in the United States. According to the most recent reported data, Maryland has a median household income of $94,991.

1. New Jersey

Median Household Income: $96,346

New Jersey tops our list of the top 20 U.S. states by median household income. Famous for its boardwalk beaches and Atlantic City casinos as well as nightlife, New Jersey attracts millions of tourists every year. It also ranks high among the most densely populated states in the United States. With a median household income of $96,346, New Jersey households are currently the wealthiest in the country.

You can also take a look at 25 Best US Cities Where You Can Retire on $2500 a Month and 15 Best Income Stocks To Invest In.