Special Report

America's Richest Cities

Ron and Patty Thomas / E+ / Getty Images

Incomes are on the rise in the United States. The typical U.S. household earned $65,712 in 2019 — up by nearly $3,000 from the previous year, according to recently released data from the U.S. Census Bureau. The increase is the continuation of nearly a decade-long trend of year-over-year income growth.

Though median household income in the U.S. stands at an all time high, in much of the country, incomes far exceed the national benchmark. In dozens of major metropolitan areas — including several that serve as economic engines for not only their respective states, but the country as a whole — most households earn far more than what is typical nationwide.

Using median household income data from the Census Bureau’s 2019 American Community Survey for all 384 metropolitan areas, 24/7 Wall St. identified America’s richest cities. In each of the metro areas on this list, the median household income is above $75,000.

Supplemental data on median home value, the percentage of adults age 25 and older with at least a bachelor’s degree, and median household income in 2018 also came from the ACS. Data on 2019 unemployment came from the Bureau of Labor Statistics. For context, we noted when metro areas fell within the highest and lowest 10% and 25% of all U.S. metro areas for each supplemental measure. If no context is provided for a given measure, the metro area falls in the middle two quartiles.

Though there are some Southern and Midwestern cities that rank among the wealthiest in the country, most of the metro areas on this list are either in Northeastern or Western states. Incomes tend to rise with educational attainment, and these cities and their surrounding areas also tend to have relatively large college-educated populations. Only eight cities on this list have a bachelor’s degree attainment rate below the 33.1% national average. And in five of the 50 cities on the list, over half of all adults have a bachelor’s degree or higher. Here is a look at the most educated city in every state

Real estate values often reflect incomes in a given city or town. And with high incomes, homes in the metro areas on this list are often relatively expensive. In 15 of the richest U.S. metro areas, most homes are worth more than $500,000. With a median home value of $226,700, Rochester, Minnesota, is the only metro area on this list where the typical home is worth less than the national median home value of $240,500. Here is a look at the most expensive place to live by state

It is important to note that in nearly every metro area on this list, the COVID-19 recession has pushed the unemployment rate higher than the 2019 average. The impact that the climbing unemployment will have on incomes in these cities remains to be seen.

Click here to see America’s richest cities

Ron_Thomas / Getty Images

50. Chicago-Naperville-Elgin, IL-IN-WI
> Median household income: $75,379
> Median income change 2018 to 2019: +$3,551 (+4.9%)
> Median home value: $253,800
> Adults with a bachelor’s degree: 39.2% (highest 25% of US metros)
> 2019 unemployment: 3.8%

[in-text-ad]

Sean Pavone / Getty Images

49. Madison, WI
> Median household income: $75,545
> Median income change 2018 to 2019: +$4,068 (+5.7%)
> Median home value: $276,600 (highest 25% of US metros)
> Adults with a bachelor’s degree: 48.6% (highest 10% of US metros)
> 2019 unemployment: 2.5% (lowest 10% of US metros)

48. Norwich-New London, CT
> Median household income: $75,633
> Median income change 2018 to 2019: +$6,680 (+9.7%)
> Median home value: $255,400
> Adults with a bachelor’s degree: 33.3%
> 2019 unemployment: 3.6%

JulieHewitt / Getty Images

47. Santa Maria-Santa Barbara, CA
> Median household income: $75,653
> Median income change 2018 to 2019: -$3,109 (-3.9%)
> Median home value: $593,800 (highest 10% of US metros)
> Adults with a bachelor’s degree: 34.5%
> 2019 unemployment: 3.7%

[in-text-ad-2]

littleny / Getty Images

46. Charlottesville, VA
> Median household income: $75,907
> Median income change 2018 to 2019: +$3,753 (+5.2%)
> Median home value: $317,700 (highest 25% of US metros)
> Adults with a bachelor’s degree: 49.2% (highest 10% of US metros)
> 2019 unemployment: 2.5% (lowest 10% of US metros)

Andy445 / Getty Images

45. Rochester, MN
> Median household income: $75,926
> Median income change 2018 to 2019: +$2,246 (+3.0%)
> Median home value: $226,700
> Adults with a bachelor’s degree: 41.2% (highest 10% of US metros)
> 2019 unemployment: 2.8% (lowest 25% of US metros)

[in-text-ad]

LUNAMARINA / Getty Images

44. Naples-Marco Island, FL
> Median household income: $76,025
> Median income change 2018 to 2019: +$5,177 (+7.3%)
> Median home value: $370,800 (highest 10% of US metros)
> Adults with a bachelor’s degree: 35.8% (highest 25% of US metros)
> 2019 unemployment: 3.1%

SeanPavonePhoto / Getty Images

43. Worcester, MA-CT
> Median household income: $76,348
> Median income change 2018 to 2019: +$4,228 (+5.9%)
> Median home value: $294,300 (highest 25% of US metros)
> Adults with a bachelor’s degree: 35.3% (highest 25% of US metros)
> 2019 unemployment: 3.2%

Davel5957 / Getty Images

42. Ann Arbor, MI
> Median household income: $76,576
> Median income change 2018 to 2019: +$3,517 (+4.8%)
> Median home value: $295,300 (highest 25% of US metros)
> Adults with a bachelor’s degree: 55.9% (highest 10% of US metros)
> 2019 unemployment: 2.9% (lowest 25% of US metros)

[in-text-ad-2]

NicolasMcComber / Getty Images

41. Winchester, VA-WV
> Median household income: $76,583
> Median income change 2018 to 2019: +$10,400 (+15.7%)
> Median home value: $247,300
> Adults with a bachelor’s degree: 26.7%
> 2019 unemployment: 2.7% (lowest 25% of US metros)

dszc / E+ via Getty Images

40. Sacramento-Roseville-Folsom, CA
> Median household income: $76,706
> Median income change 2018 to 2019: +$2,285 (+3.1%)
> Median home value: $434,400 (highest 10% of US metros)
> Adults with a bachelor’s degree: 34.2%
> 2019 unemployment: 3.6%

[in-text-ad]

Sean Pavone / Getty Images

39. Hartford-East Hartford-Middletown, CT
> Median household income: $77,005
> Median income change 2018 to 2019: -$1,815 (-2.3%)
> Median home value: $254,100
> Adults with a bachelor’s degree: 39.7% (highest 25% of US metros)
> 2019 unemployment: 3.8%

russokm1105 / Getty Images

38. San Luis Obispo-Paso Robles, CA
> Median household income: $77,265
> Median income change 2018 to 2019: +$4,588 (+6.3%)
> Median home value: $637,000 (highest 10% of US metros)
> Adults with a bachelor’s degree: 37.2% (highest 25% of US metros)
> 2019 unemployment: 2.9% (lowest 25% of US metros)

Solidago / Getty Images

37. Salinas, CA
> Median household income: $77,514
> Median income change 2018 to 2019: +$5,787 (+8.1%)
> Median home value: $602,900 (highest 10% of US metros)
> Adults with a bachelor’s degree: 25.7%
> 2019 unemployment: 6.2% (highest 10% of US metros)

[in-text-ad-2]

DutcherAerials / E+ via Getty Images

36. Los Angeles-Long Beach-Anaheim, CA
> Median household income: $77,774
> Median income change 2018 to 2019: +$3,777 (+5.1%)
> Median home value: $666,900 (highest 10% of US metros)
> Adults with a bachelor’s degree: 35.5% (highest 25% of US metros)
> 2019 unemployment: 4.0%

Sean Pavone / Getty Images

35. Portland-Vancouver-Hillsboro, OR-WA
> Median household income: $78,439
> Median income change 2018 to 2019: +$1,663 (+2.2%)
> Median home value: $408,600 (highest 10% of US metros)
> Adults with a bachelor’s degree: 40.3% (highest 25% of US metros)
> 2019 unemployment: 3.5%

[in-text-ad]

Sean Pavone / Getty Images

34. Olympia-Lacey-Tumwater, WA
> Median household income: $78,512
> Median income change 2018 to 2019: +$4,856 (+6.6%)
> Median home value: $333,100 (highest 25% of US metros)
> Adults with a bachelor’s degree: 34.4%
> 2019 unemployment: 4.8% (highest 25% of US metros)

Bryan Bean / Wikimedia Commons

33. Greeley, CO
> Median household income: $78,615
> Median income change 2018 to 2019: +$1,514 (+2.0%)
> Median home value: $366,800 (highest 10% of US metros)
> Adults with a bachelor’s degree: 29.9%
> 2019 unemployment: 2.5% (lowest 10% of US metros)

DenisTangneyJr / Getty Images

32. Provo-Orem, UT
> Median household income: $79,152
> Median income change 2018 to 2019: +$2,683 (+3.5%)
> Median home value: $360,600 (highest 10% of US metros)
> Adults with a bachelor’s degree: 40.6% (highest 10% of US metros)
> 2019 unemployment: 2.4% (lowest 10% of US metros)

[in-text-ad-2]

johnnya123 / Getty Images

31. Ogden-Clearfield, UT
> Median household income: $79,251
> Median income change 2018 to 2019: +$960 (+1.2%)
> Median home value: $306,600 (highest 25% of US metros)
> Adults with a bachelor’s degree: 32.0%
> 2019 unemployment: 2.6% (lowest 10% of US metros)

ChrisBoswell / iStock via Getty Images

30. Trenton-Princeton, NJ
> Median household income: $79,492
> Median income change 2018 to 2019: -$2,421 (-3.0%)
> Median home value: $291,600 (highest 25% of US metros)
> Adults with a bachelor’s degree: 44.5% (highest 10% of US metros)
> 2019 unemployment: 3.2%

[in-text-ad]

jmoor17 / Getty Images

29. Bremerton-Silverdale-Port Orchard, WA
> Median household income: $79,624
> Median income change 2018 to 2019: +$1,217 (+1.6%)
> Median home value: $378,800 (highest 10% of US metros)
> Adults with a bachelor’s degree: 34.8% (highest 25% of US metros)
> 2019 unemployment: 4.6% (highest 25% of US metros)

SeanPavonePhoto / Getty Images

28. Raleigh-Cary, NC
> Median household income: $80,096
> Median income change 2018 to 2019: +$3,529 (+4.6%)
> Median home value: $285,600 (highest 25% of US metros)
> Adults with a bachelor’s degree: 48.0% (highest 10% of US metros)
> 2019 unemployment: 3.4%

4kodiak / Getty Images

27. Salt Lake City, UT
> Median household income: $80,196
> Median income change 2018 to 2019: +$4,980 (+6.6%)
> Median home value: $356,400 (highest 10% of US metros)
> Adults with a bachelor’s degree: 36.5% (highest 25% of US metros)
> 2019 unemployment: 2.5% (lowest 10% of US metros)

[in-text-ad-2]

yenwen / Getty Images

26. Anchorage, AK
> Median household income: $80,676
> Median income change 2018 to 2019: -$1,780 (-2.2%)
> Median home value: $300,100 (highest 25% of US metros)
> Adults with a bachelor’s degree: 33.1%
> 2019 unemployment: 5.5% (highest 10% of US metros)

unclegene / Getty Images

25. Kahului-Wailuku-Lahaina, HI
> Median household income: $80,754
> Median income change 2018 to 2019: -$3,771 (-4.5%)
> Median home value: $697,900 (highest 10% of US metros)
> Adults with a bachelor’s degree: 27.7%
> 2019 unemployment: 2.6% (lowest 10% of US metros)

[in-text-ad]

RoschetzkyIstockPhoto / Getty Images

24. Austin-Round Rock-Georgetown, TX
> Median household income: $80,954
> Median income change 2018 to 2019: +$2,441 (+3.1%)
> Median home value: $318,400 (highest 25% of US metros)
> Adults with a bachelor’s degree: 46.2% (highest 10% of US metros)
> 2019 unemployment: 2.7% (lowest 25% of US metros)

DenisTangneyJr / Getty Images

23. Midland, TX
> Median household income: $82,650
> Median income change 2018 to 2019: +$154 (+0.2%)
> Median home value: $263,500 (highest 25% of US metros)
> Adults with a bachelor’s degree: 29.3%
> 2019 unemployment: 2.1% (lowest 10% of US metros)

SeanPavonePhoto / Getty Images

22. Baltimore-Columbia-Towson, MD
> Median household income: $83,160
> Median income change 2018 to 2019: +$1,541 (+1.9%)
> Median home value: $313,200 (highest 25% of US metros)
> Adults with a bachelor’s degree: 41.9% (highest 10% of US metros)
> 2019 unemployment: 3.6%

[in-text-ad-2]

Ultima_Gaina / Getty Images

21. New York-Newark-Jersey City, NY-NJ-PA
> Median household income: $83,160
> Median income change 2018 to 2019: +$3,316 (+4.2%)
> Median home value: $482,900 (highest 10% of US metros)
> Adults with a bachelor’s degree: 41.8% (highest 10% of US metros)
> 2019 unemployment: 3.7%

DenisTangneyJr / Getty Images

20. Manchester-Nashua, NH
> Median household income: $83,626
> Median income change 2018 to 2019: +$3,461 (+4.3%)
> Median home value: $293,300 (highest 25% of US metros)
> Adults with a bachelor’s degree: 37.8% (highest 25% of US metros)
> 2019 unemployment: 2.4% (lowest 10% of US metros)

[in-text-ad]

StevenGaertner / Getty Images

19. Minneapolis-St. Paul-Bloomington, MN-WI
> Median household income: $83,698
> Median income change 2018 to 2019: +$2,865 (+3.5%)
> Median home value: $284,500 (highest 25% of US metros)
> Adults with a bachelor’s degree: 43.2% (highest 10% of US metros)
> 2019 unemployment: 3.0%

Art Wager / Getty Images

18. San Diego-Chula Vista-Carlsbad, CA
> Median household income: $83,985
> Median income change 2018 to 2019: +$3,534 (+4.4%)
> Median home value: $619,300 (highest 10% of US metros)
> Adults with a bachelor’s degree: 39.9% (highest 25% of US metros)
> 2019 unemployment: 3.2%

Kevin Rutherford / Wikimedia Commons

17. Barnstable Town, MA
> Median household income: $85,042
> Median income change 2018 to 2019: +$15,079 (+21.6%)
> Median home value: $409,700 (highest 10% of US metros)
> Adults with a bachelor’s degree: 47.1% (highest 10% of US metros)
> 2019 unemployment: 3.7%

[in-text-ad-2]

amlphoto / iStock via Getty Images

16. Poughkeepsie-Newburgh-Middletown, NY
> Median household income: $85,152
> Median income change 2018 to 2019: +$00 (+0.0%)
> Median home value: $292,400 (highest 25% of US metros)
> Adults with a bachelor’s degree: 33.2%
> 2019 unemployment: N/A

photoquest7 / Getty Images

15. Denver-Aurora-Lakewood, CO
> Median household income: $85,641
> Median income change 2018 to 2019: +$4,853 (+6.0%)
> Median home value: $437,800 (highest 10% of US metros)
> Adults with a bachelor’s degree: 45.8% (highest 10% of US metros)
> 2019 unemployment: 2.7% (lowest 25% of US metros)

[in-text-ad]

DEREK556 / Getty Images

14. Vallejo, CA
> Median household income: $86,652
> Median income change 2018 to 2019: +$890 (+1.0%)
> Median home value: $460,500 (highest 10% of US metros)
> Adults with a bachelor’s degree: 28.9%
> 2019 unemployment: 3.7%

Art Wager / E+ via Getty Images

13. Urban Honolulu, HI
> Median household income: $87,470
> Median income change 2018 to 2019: +$1,789 (+2.1%)
> Median home value: $739,700 (highest 10% of US metros)
> Adults with a bachelor’s degree: 35.8% (highest 25% of US metros)
> 2019 unemployment: 2.6% (lowest 10% of US metros)

Kenishirotie / Getty Images

12. Santa Rosa-Petaluma, CA
> Median household income: $87,828
> Median income change 2018 to 2019: +$5,339 (+6.5%)
> Median home value: $664,600 (highest 10% of US metros)
> Adults with a bachelor’s degree: 37.4% (highest 25% of US metros)
> 2019 unemployment: 2.7% (lowest 25% of US metros)

[in-text-ad-2]

Famartin / Wikimedia Commons

11. California-Lexington Park, MD
> Median household income: $87,947
> Median income change 2018 to 2019: -$5,928 (-6.3%)
> Median home value: $320,700 (highest 25% of US metros)
> Adults with a bachelor’s degree: 30.7%
> 2019 unemployment: 3.3%

pawel.gaul / iStock via Getty Images

10. Boulder, CO
> Median household income: $88,535
> Median income change 2018 to 2019: +$2,972 (+3.5%)
> Median home value: $592,000 (highest 10% of US metros)
> Adults with a bachelor’s degree: 64.8% (highest 10% of US metros)
> 2019 unemployment: 2.4% (lowest 10% of US metros)

[in-text-ad]

Ed-Ni-Photo / iStock via Getty Images

9. Santa Cruz-Watsonville, CA
> Median household income: $89,269
> Median income change 2018 to 2019: +$748 (+0.8%)
> Median home value: $839,500 (highest 10% of US metros)
> Adults with a bachelor’s degree: 43.8% (highest 10% of US metros)
> 2019 unemployment: 4.7% (highest 25% of US metros)

benedek / iStock Unreleased via Getty Images

8. Oxnard-Thousand Oaks-Ventura, CA
> Median household income: $92,236
> Median income change 2018 to 2019: +$6,126 (+7.1%)
> Median home value: $629,600 (highest 10% of US metros)
> Adults with a bachelor’s degree: 34.8% (highest 25% of US metros)
> 2019 unemployment: 3.6%

Spondylolithesis / Getty Images

7. Napa, CA
> Median household income: $92,769
> Median income change 2018 to 2019: +$3,978 (+4.5%)
> Median home value: $670,000 (highest 10% of US metros)
> Adults with a bachelor’s degree: 36.2% (highest 25% of US metros)
> 2019 unemployment: 2.8% (lowest 25% of US metros)

[in-text-ad-2]

apichart / iStock via Getty Images

6. Seattle-Tacoma-Bellevue, WA
> Median household income: $94,027
> Median income change 2018 to 2019: +$4,423 (+4.9%)
> Median home value: $503,000 (highest 10% of US metros)
> Adults with a bachelor’s degree: 44.1% (highest 10% of US metros)
> 2019 unemployment: 3.3%

Sean Pavone / iStock via Getty Images

5. Boston-Cambridge-Newton, MA-NH
> Median household income: $94,430
> Median income change 2018 to 2019: +$4,211 (+4.7%)
> Median home value: $482,700 (highest 10% of US metros)
> Adults with a bachelor’s degree: 49.3% (highest 10% of US metros)
> 2019 unemployment: 2.6% (lowest 10% of US metros)

[in-text-ad]

DenisTangneyJr / Getty Images

4. Bridgeport-Stamford-Norwalk, CT
> Median household income: $97,053
> Median income change 2018 to 2019: +$4,105 (+4.4%)
> Median home value: $444,500 (highest 10% of US metros)
> Adults with a bachelor’s degree: 49.1% (highest 10% of US metros)
> 2019 unemployment: 3.7%

Matt Anderson / iStock via Getty Images

3. Washington-Arlington-Alexandria, DC-VA-MD-WV
> Median household income: $105,659
> Median income change 2018 to 2019: +$1,407 (+1.3%)
> Median home value: $446,300 (highest 10% of US metros)
> Adults with a bachelor’s degree: 51.4% (highest 10% of US metros)
> 2019 unemployment: 3.1%

Nicolas McComber / Getty Images

2. San Francisco-Oakland-Berkeley, CA
> Median household income: $114,696
> Median income change 2018 to 2019: +$4,913 (+4.5%)
> Median home value: $940,900 (highest 10% of US metros)
> Adults with a bachelor’s degree: 51.4% (highest 10% of US metros)
> 2019 unemployment: 2.6% (lowest 10% of US metros)

[in-text-ad-2]

DenisTangneyJr / iStock via Getty Images

1. San Jose-Sunnyvale-Santa Clara, CA
> Median household income: $130,865
> Median income change 2018 to 2019: +$3,852 (+3.0%)
> Median home value: $1,116,400 (highest 10% of US metros)
> Adults with a bachelor’s degree: 52.7% (highest 10% of US metros)
> 2019 unemployment: 2.6% (lowest 10% of US metros)

Essential Tips for Investing (Sponsored)

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.