State:
September 04, 2007
50 States Ranked by Income

New Jersey, Maryland, and Hawaii have the highest median household income in the the United States, according to a report by the Census Bureau.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

Real (that is, inflation-adjusted) median household income in the United States climbed between 2005 and 2006, reaching $48,200, according to the report.

However, real median earnings of both men and women who worked full time, year-round declined between 2005 and 2006. The median earnings for men fell 1.1 percent to $42,300 in 2006. The last time men saw real median earnings below $42,300 was in 1997. In 2006, real median earnings for women dropped 1.2 percent to $32,500. The last time women saw real median earnings less than $32,500 was in the year 2000.

In the following table, you'll find the three-year average (2004 through 2006) median household income in each state.

New Jersey

$64,169

Maryland

$62,372

Hawaii

$60,681

New Hampshire

$60,489

Connecticut

$59,972

Alaska

$57,639

Minnesota

$57,363

Massachusetts

$56,236

Utah

$55,179

Virginia

$55,108

Colorado

$54,039

California

$53,770

Washington

$53,439

Delaware

$52,214

Rhode Island

$52,003

Vermont

$51,622

Nevada

$50,819

Illinois

$49,280

Wisconsin

$48,874

New York

$48,201

Nebraska

$48,126

Pennsylvania

$47,791

Iowa

$47,489

Wyoming

$47,227

Michigan

$47,064

Georgia

$46,841

Arizona

$46,729

Idaho

$46,395

Ohio

$45,837

Oregon

$45,485

Maine

$45,040

Indiana

$44,806

Missouri

$44,651

South Dakota

$44,624

Florida

$44,448

Kansas

$44,264

Texas

$43,425

North Dakota

$42,162

North Carolina

$42,061

New Mexico

$40,827

South Carolina

$40,822

Tennessee

$40,676

Oklahoma

$40,001

Montana

$38,629

Alabama

$38,473

Kentucky

$38,466

Louisiana

$37,943

Arkansas

$37,420

West Virginia

$37,227

Mississippi

$35,261

Featured Free Resource:
Cost Per Hire Calculator
HCMPWS1
Copyright © 2024 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on https://Compensation.BLR.com
Document URL: https://compensation.blr.com/Compensation-news/Compensation/Compensation-Administration/50-States-Ranked-by-Income