Per capita income most populated cities U.S. 2021 | Statista (2024)

FAQs

Per capita income most populated cities U.S. 2021 | Statista? ›

Residents of the District of Columbia had the highest personal income per capita in 2023, at 100,909 U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at 48,110 U.S. dollars.

Residents of the District of Columbia had the highest personal income per capita in 2023, at 100,909 U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at 48,110 U.S. dollars.

In 2022, San Francisco had the highest median household income of cities ranking within the top 25 in terms of population, with a median household income in of 136,692 U.S. dollars. In that year, San Jose in California was ranked second, and Seattle, Washington third.

The average wealth of a person living in Monaco exceeds USD 10 million, making it the top-ranked city in the world on a wealth per capita basis.

01: New York City

The Big Apple tops the list of American cities with the most high net worth individuals. About 349,500 millionaires and 60 billionaires reside in America's largest city. Its millionaire population grew 48% in 2023 compared with 2013.

Worldwide, Luxembourg has the highest net national income per capita, reaching nearly 78,000 U.S. dollars in 2021. Norway and Switzerland followed behind. When adjusting for pruchasing power parity (PPP), Bermuda has the highest average income or wealth per adult worldwide.

As per United States Census Bureau 2022 data, the mean per capita income in the United States is $37,683, while median household income is around $69,021. One of the most commonly used metrics for gauging the economic performance and shifting fortunes of local economies is per capita income (PCI).

On the other end of the spectrum, Mississippi has the lowest per capita income at $46,248, significantly lower than the national average. States in the east (Connecticut, Massachusetts, New Jersey, and New York) and west coast states like California and Washington generally exhibit higher per capita incomes.

What is the most expensive state to live in? ›

According to several studies on cost of living, Hawaii is the most expensive U.S. state to live in. Prices are typically double in Hawaii compared to those on the mainland, and the continued rise in inflation is making costs ranging from housing to health care much more expensive.

Richest Counties in U.S. Per Capita

As of the latest available data, the richest counties in the United States per capita income typically include: Loudoun County, Virginia. Fairfax County, Virginia. Howard County, Maryland.

New Jersey topped a U.S. News & World Report ranking of the richest states in the U.S. The ranking, published in November, used the U.S. Census Bureau's American Community Survey estimates from 2022 to identify states with the highest median household income.

The Bay Area which includes San Francisco and Silicon Valley has the greatest concentration of millionaires with roughly 1 in 13 people in the city claiming this status. Seattle follows with 1 in every 14 residents in the millionaire club. ◾ Washington, D.C.

Monaco, arguably the world's top safe-haven for the super-rich, where the average wealth exceeds USD 20 million, is also the top-ranked city in the world on a wealth per capita basis. Over 40% of the Mediterranean principality's residents are millionaires — the highest ratio of any city globally.

Richest Counties in U.S. Per Capita

As of the latest available data, the richest counties in the United States per capita income typically include: Loudoun County, Virginia. Fairfax County, Virginia. Howard County, Maryland.

The largest city in the US is New York City, with over 8.5 million residents. Los Angeles and Chicago follow, each with more than 2.5 million residents, and southern US cities Houston and Phoenix round out the top five with populations of almost 2.3 million and 1.6 million, respectively.

The New York-Newark-Jersey City metro area had the highest real GDP in 2021 totaling around 1.59 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 950 million dollars. This statistic only contains the top 100 metro areas by real GDP.