SmartAsset Ranks Cities' Income Declines

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local median household income

SmartAsset

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Where Income Declined Most – 2024 Study

Summary

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88% Informative

Marysville , WA , saw the median household income drop from $ 104,433 in 2022 to $ 85,708 in 2023 .

The portion of households earning $ 100,000 or more dropped from 54.0% to 40.6% during the same time.

Wealth inequality increased in these cities.

One-year change in median income: $ 85,708 - Median income, 2022 : $ 104,433 - Percent of households earning $ 100k or more, 2023 : 40.6% - Percent .

Champaign, Illinois, Champaign and Madera , California , have one-year median income of $ 46,232 .

Flint , Michigan , Flint , Indiana , Gary , Indiana - One-year change in median income: 0.3% - Percent of households earning $ 100k or more, 2023 : 9.6% , 9.8% - 9.9% - 1.2% - 13.2% . 1.7% - 2.7% . 2.1% - percent of households in Reading , Pennsylvania - earning $ 200k or $ 100,000 or more in 2023 .