(NEXSTAR) — How much money you bring in varies drastically depending on where you live in the U.S., and while the cost of living continues to rise across the country, the amount of income being earned nationwide is slowly rising, as well.
According to a new study from SmartAsset, the median household income in the U.S. reached $83,730 in 2024, increasing 1.3% increase year over year.
Some cities, in particular, saw a much larger increase year over year than the rest of the country. To find which cities stood out, SmartAsset examined the latest U.S. Census Bureau data and examined what the median household income was for American residents living in the 50 largest U.S. cities in 2023 and 2024.
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Tampa, Florida, landed at the top of the list with a 15.46% increase in household income, going from the average income being $72,851 in 2023 to being $84,114 in 2024…