Mapped: Average Income by State in 2024

Key Takeaways

• Residents in DC lead at $108,238 per capita personal income, followed by Massachusetts ($93,927) and Connecticut ($93,234).
• This reflects  the Northeast corridor's concentration of finance, technology, and government.
• The West Coast shows strong performance with California ($85,518) and Washington ($83,939), driven by tech industries.

⚠️ Cost of Living Warning

• These raw income figures don't account for cost of living differences.
• States like California and New York have high incomes but also high living costs, while lower-income states may offer more purchasing power per dollar.

🤔 Income Doesn't Mean Salaries

This measures per person income from wages, insurance benefits, business income, rental income, government benefits, interest, and dividends.

It does not include capital gains from selling stock.