Cities Where Income Is Growing The Fastest

Household incomes are not keeping pace with inflation, but some cities are seeing strong growth.
SmartAsset reports the U.S. median household income rose 1.3% last year to about $84,000, while inflation increased around 3%. The study lists the top 10 cities with the fastest income growth: Tampa, Florida, up 15.46% to $84,114; Long Beach, California, 11.9%, $91,318; San Francisco, 10.31%, $139,801; Fresno, California, 10.19%, $74,491; Louisville, Kentucky, 9.37%, $67,251; San Jose, California, 8.81%, $148,226; Baltimore, Maryland, 8.73%, $64,778; Tucson, Arizona, 8.57%, $60,483; Chicago, 8.24%, $80,613; Mesa, Arizona, 8.13%, $85,580. Minneapolis, Minnesota, ranks last among major cities, with income down 4.04% to $77,732 in 2024. (Newser)