In 2022, San Francisco had the highest median household income of cities ranking within the top 25 in terms of population, with a median household income in of 136,692 U.S. dollars. In that year, San Jose in California was ranked second, and Seattle, Washington third.

Following a fall after the great recession, median household income in the United States has been increasing in recent years. As of 2022, median household income by state was highest in Maryland, Washington, D.C., Utah, and Massachusetts. It was lowest in Mississippi, West Virginia, and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.26 million households.

Data on median household income can be compared to statistics on personal income in the U.S. released by the Bureau of Economic Analysis. Personal income rose to around 21.8 trillion U.S. dollars in 2022, the highest value recorded. Personal income is a measure of the total income received by persons from all sources, while median household income is “the amount with divides the income distribution into two equal groups,” according to the U.S. Census Bureau. Half of the population in question lives above median income and half lives below. Though total personal income has increased in recent years, this wealth is not distributed throughout the population. In practical terms, income of most households has decreased. One additional statistic illustrates this disparity: for the lowest quintile of workers, mean household income has remained more or less steady for the past decade at about 13 to 16 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 285,000 U.S. dollars in 1990 to about 499,900 U.S. dollars in 2020.

A dataset listing the 20 richest cities in Illinois for 2024, including information on rank, city, county, population, average income, and median income.

According to the Hurun Global Rich List 2025, the city with the highest number of billionaires in 2025 was New York. In detail, *** billionaires resided in the American city. Furthermore, ** billionaires lived in London, while Shanghai had a billionaire population of ** individuals. New York was the only city in the world with more than 100 billionaires that year. Mega-cities of the world A large number of the world’s billionaires are concentrated in a select number of the world’s mega-cities. This has as much to do with the location of their wealth, business interests, and further earning potential, as does the quality of life in those cities. A look at the most significant industries in the global billionaire production line helps to explain the prominence of the traditional capitals of global business including New York, London and Hong Kong. The place of many Chinese cities on the list can in part be explained by the strong performance of industrial conglomerates from the country in recent years. Economic growth in China While New York is the city with the highest number of billionaires, China now boasts the most billionaires of any country in the world. However, ***** of the top ten wealthiest billionaires still came from the United States as of 2025.

A dataset listing the 20 richest cities in Alabama for 2024, including information on rank, city, county, population, average income, and median income.

In 2021, the per capita income in San Francisco city was at 80,383 U.S. dollars. San Francisco was followed in this regard by Seattle and Washington, D.C. The most populated cities in the U.S. are ranked by per capita income in this statistic. While New York, New York had the highest population, San Francisco had the highest per capita income in 2021. The median household income in San Francisco in 2020 was 119,136 dollars, the highest among the most populated cities in the United States.

In 2023, San Jose-Sunnyvale-Santa Clara Metro area in California was ranked first with median household income of 153,202 U.S. dollars. The Washington-Arlington-Alexandria metro area had a median household income of 121,469 U.S. dollars.

The New York-Newark-Jersey City metro area had the highest real GDP in 2023, totaling around 1.91 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 1.08 billion dollars. This statistic only contains the top 100 metro areas by real GDP.

In 2021, Philadelphia, Pennsylvania was the city with the highest poverty rate of the United States' most populated cities. In this statistic, the cities are sorted by poverty rate, not population. The most populated city in 2021 according to the source was New York city - which had a poverty rate of 18 percent.

A dataset listing the richest zip codes in West Virginia per the most current US Census data, including information on rank and average income.

A dataset listing Florida counties by population for 2024.

A dataset listing Georgia counties by population for 2024.

As of 2024, Mumbai had a gross domestic product of *** billion U.S. dollars, the highest among other major cities in India. It was followed by Delhi with a GDP of around *** billion U.S. dollars. India’s megacities also boast the highest GDP among other cities in the country. What drives the GDP of India’s megacities? Mumbai is the financial capital of the country, and its GDP growth is primarily fueled by the financial services sector, port-based trade, and the Hindi film industry or Bollywood. Delhi in addition to being the political hub hosts a significant services sector. The satellite cities of Noida and Gurugram amplify the city's economic status. The southern cities of Bengaluru and Chennai have emerged as IT and manufacturing hubs respectively. Hyderabad is a significant player in the pharma and IT industries. Lastly, the western city of Ahmedabad, in addition to its strategic location and ports, is powered by the textile, chemicals, and machinery sectors. Does GDP equal to quality of life? Cities propelling economic growth and generating a major share of GDP is a global phenomenon, as in the case of Tokyo, Shanghai, New York, and others. However, the GDP, which measures the market value of all final goods and services produced in a region, does not always translate to a rise in quality of life. Five of India’s megacities featured in the Global Livability Index, with low ranks among global peers. The Index was based on indicators such as healthcare, political stability, environment and culture, infrastructure, and others.

As of January 2024, Zhong Shanshan topped the list of the richest people in China with a net worth of 63 billion U.S. dollars. Huang Zheng, founder of Pinduoduo, and Ma Huateng, founder of the IT giant Tencent, came in second and third respectively, while Ma Yun, founder of the IT giant Alibaba, fell back to the tenth place.

Ultra-high net worth individuals (UHNWI) in China

Net worth refers to the amount of value by which an individual’s assets exceed their liabilities. It is usually cited to demonstrate the economic position of a person. Following China’s extensive economic development over the past two decades, the number of wealthy people had been rapidly growing as well. According to Hurun Research Institute, Greater China was the region with the largest number of billionaires worldwide as of 2024, with a total number of 814 billionaires. As of January 2022, the number of millionaires had amounted to approximately 20,400 people in Beijing alone. Unsurprisingly, the majority of high-net worth individuals lives in one of the four first-tier cities Beijing, Shanghai, Guangzhou, and Shenzhen.

Chinese billionaire's sources of wealth

Chinese millionaires have accumulated their wealth primarily as private entrepreneurs. Most of the people listed among the 20 wealthiest Chinese in 2024 had owned their own companies. Zhong Shanshan, who topped the list of richest people in China in 2024, has made his fortune as founder of the beverage company Nongfu Spring.

In 2023, by far the highest number of individuals with net assets of at least ** million U.S. dollars worldwide were residing in North America, reaching over ******* people. Asia recorded the second highest number of UHNWIs in the world with over ******* individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only *** percent of the global population owns assets worth more than *** million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over ** percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.

A multi-millionaire is defined as someone owning ** million U.S. dollars or more. It was forecasted that there would be almost ** thousand individuals in Australia defined as multi-millionaires by 2026. This is in line with the country’s growing economy over the years as well as the growing wealth inequality that was becoming a cause for concern in the island nation.

Distribution of the wealthy

As a rich country with plenty of natural resources and a high Human Development Index, Australia had always had a large number of high net-worth individuals or HNWIs. There were over *** thousand millionaires including a couple dozen of billionaires, with these figures expected to grow significantly over the next few years.

Income inequality

Despite the increase of wealth and economic growth, there was a concern at the level of poverty and homelessness due to the rising wealth inequality nationally. The number of homeless people living in Australia had only been increasing with more than a hundred thousand people currently without shelter. Furthermore, most of the wealth was being pushed from the country to the cities, affecting the livelihood of those living in the countryside or outback.

As of June 2022, Nassef Sawiris, with a net worth of 7.3 billion U.S. dollars, is the richest man in Egypt, fourth richest in the African continent, and ranked 292 in the world. His sibling Naguib Sawiris ranked second, with a net worth of 3.4 billion U.S. dollars. Their father, Onsi Sawiris, who passed away in June 2021, founded Orascom Construction PLC, which he then passed on to his son Nassef. Four other Egyptian billionaires followed, with three of them belonging to the same family; Mansour. They have a combined net worth of 5.1 billion U.S. dollars. Furthermore, their family business, Mansour group, works in several industries, mainly the automotive industry. It is a General Motors dealer and owns several other franchises.

Orascom in the market since 1950

Born in a Coptic family in the South of Egypt (Upper Egypt), Onsi Sawiris started his construction career in 1950. Soon after, the president of Egypt, Gamal Abdel Nasser assumed power nationalizing the company 10 years later and preventing him from leaving the country for a few years. He was later allowed to leave for Libya returning in President Anwar Sadat’s time in office, establishing Orascom Onsi Sawiris & Co. In 1995, the company was transferred to his son Nassef. As of the fiscal year ending 2020, the total revenue of Orascom construction reached 3.37 billion U.S. dollars with an increment of 5.87 percent year-on-year.

Concentrated wealth in the continent

Among the 20 wealthiest individuals in the African continent, 14 were from Nigeria, Egypt, and South Africa. The wealthiest individual in Africa was the Nigerian Aliko Dangote of the Dangote Group. He was followed by Nicky Oppenheimer and his family and Johann Rupert and his family who were from South Africa. Nassef Sawiris, from Egypt, ranked fourth. This followed the same ranking in terms of the countries with the largest Gross Domestic Product (GDP) in the continent. Furthermore, by reviewing the overall private wealth in Africa, Johannesburg, Cape Town, Cairo, and Lagos rank among the cities with the highest private wealth.

The number of billionaires in Pakistan is forecast to reach **** in 2026. In 2016, there were just ***** individuals whose net worth exceeded *** billion U.S. dollars in Pakistan.

Leading billionaire cities

According to the Hurun Global Rich List 2022, Beijing had the most billionaires in 2022. In total, *** billionaires lived in China's capital. Furthermore, *** billionaires resided in Shanghai, while *** were in New York. Many of the world's billionaires are concentrated in a few megacities. A look at the primary industries of billionaires globally helps to explain the importance of traditional global business capitals such as New York, London, and Hong Kong. The inclusion of Chinese cities on the list can be explained partly by the country's industrial conglomerates' strong performance in recent years.

The effect of ******** on the wealth of billionaires

Elon Musk was the billionaire whose fortune grew the most due to the COVID-19 pandemic. From September 2019 to September 2022, Elon Musk increased his net worth by ***** billion US dollars. Google’s Larry Page added the second highest value to his net worth during the period under consideration, with an increase of **** billion dollars. In contrast, Facebook founder Mark Zuckerberg’s net worth decreased by nearly ** billion US dollars during the same time.

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten. Impact of COVID-19 on North Africa’s GDP When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.