- The median household income was $70,784 in 2021, a not statistically significant difference from that of 2020 estimate at $71,186.
- There is no statistically significant difference between the real median income for family households in 2021 from that of 2020. Nonfamily households, however, had a 1.9% decrease over the same period.
- In terms of race, Asian households had the highest median income in 2021 at $101,418. This was followed by non-Hispanic Whites at $77,999 then by Hispanics at $57,981. The least median income were from Black households at $48,297.
- The real median income of householders below 65 years old in 2021 did not have statistically significant difference from the 2020 median. However, for those who are 65 years old and older, there was a 2.6 percent decrease between 2020 and 2021.
- Households maintained by a native-born person had a 1.4% decrease in real median income between 2020 to 2021 while foreign born maintained households did not have a statistically significant difference. Foreign-born individuals are classified in two categories: naturalized U.S. citizens and those who are not U.S. citizens.
- As it relates to regions, the West had the highest median income in 2021 at $79,430 followed by the Northeast at $77,472 then the Midwest at $71,129 and lastly, the South at $63,368.
- Households within metropolitan statistical areas (MSAs) but outside of principal cities had the highest median income at $79,599. This is followed by households inside principal cities. While households located outside of metropolitan areas had the lowest median income.
- Householders holding more education had higher income in 2021. A person with at least a bachelor’s degree had the highest median income at $115, 456 followed by those with some college at $64, 378 then those with a high school diploma at $50,401. Household who are 25 years and older with no high school diploma had the lowest median income at $30, 378.
Source: U.S. Census Bureau: https://www.census.gov/library/publications/2021/demo/p60-273.html