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

The statistic shows the most affluent towns in the United States for every state, sorted by their median household income between 2008 and 2012. Between 2008 and 2012, Hidden Hills, California and Chevy Chase, Maryland were the two most affluent U.S. towns, with a median household income of more than 250,000 U.S. dollars.

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.

Moldova MD: Coverage: Social Safety Net Programs: Richest Quintile: % of Population data was reported at 21.369 % in 2013. This records an increase from the previous number of 20.357 % for 2012. Moldova MD: Coverage: Social Safety Net Programs: Richest Quintile: % of Population data is updated yearly, averaging 21.369 % from Dec 2010 (Median) to 2013, with 3 observations. The data reached an all-time high of 24.076 % in 2010 and a record low of 20.357 % in 2012. Moldova MD: Coverage: Social Safety Net Programs: Richest Quintile: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Moldova – Table MD.World Bank.WDI: Social Protection. Coverage of social safety net programs shows the percentage of population participating in cash transfers and last resort programs, noncontributory social pensions, other cash transfers programs (child, family and orphan allowances, birth and death grants, disability benefits, and other allowances), conditional cash transfers, in-kind food transfers (food stamps and vouchers, food rations, supplementary feeding, and emergency food distribution), school feeding, other social assistance programs (housing allowances, scholarships, fee waivers, health subsidies, and other social assistance) and public works programs (cash for work and food for work). Estimates include both direct and indirect beneficiaries.; ; ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, The World Bank. Data are based on national representative household surveys. (datatopics.worldbank.org/aspire/); Simple average;

In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.

Moldova MD: Coverage: Unemployment Benefits & Active Labour Market Programs: Richest Quintile: % of Population data was reported at 0.349 % in 2013. This records an increase from the previous number of 0.113 % for 2012. Moldova MD: Coverage: Unemployment Benefits & Active Labour Market Programs: Richest Quintile: % of Population data is updated yearly, averaging 0.349 % from Dec 2010 (Median) to 2013, with 3 observations. The data reached an all-time high of 1.028 % in 2010 and a record low of 0.113 % in 2012. Moldova MD: Coverage: Unemployment Benefits & Active Labour Market Programs: Richest Quintile: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Moldova – Table MD.World Bank.WDI: Social Protection. Coverage of unemployment benefits and active labor market programs (ALMP) shows the percentage of population participating in unemployment compensation, severance pay, and early retirement due to labor market reasons, labor market services (intermediation), training (vocational, life skills, and cash for training), job rotation and job sharing, employment incentives and wage subsidies, supported employment and rehabilitation, and employment measures for the disabled. Estimates include both direct and indirect beneficiaries.; ; ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, The World Bank. Data are based on national representative household surveys. (datatopics.worldbank.org/aspire/); Simple average;

Moldova MD: Coverage: Social Insurance Programs: Richest Quintile: % of Population data was reported at 36.029 % in 2013. This records an increase from the previous number of 31.544 % for 2012. Moldova MD: Coverage: Social Insurance Programs: Richest Quintile: % of Population data is updated yearly, averaging 31.544 % from Dec 2010 (Median) to 2013, with 3 observations. The data reached an all-time high of 36.029 % in 2013 and a record low of 30.851 % in 2010. Moldova MD: Coverage: Social Insurance Programs: Richest Quintile: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Moldova – Table MD.World Bank.WDI: Social Protection. Coverage of social insurance programs shows the percentage of population participating in programs that provide old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.; ; ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, The World Bank. Data are based on national representative household surveys. (datatopics.worldbank.org/aspire/); Simple average;

This dataset provides information about the number of properties, residents, and average property values for Will Rich Drive cross streets in Williamsport, MD.

This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.

In 2023, just over 50 percent of Americans had an annual household income that was less than 75,000 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023. Income and wealth in the United States After the economic recession in 2009, income inequality in the U.S. is more prominent across many metropolitan areas. The Northeast region is regarded as one of the wealthiest in the country. Maryland, New Jersey, and Massachusetts were among the states with the highest median household income in 2020. In terms of income by race and ethnicity, the average income of Asian households was 94,903 U.S. dollars in 2020, while the median income for Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates its list of poverty levels. Preliminary estimates show that the average poverty threshold for a family of four people was 26,500 U.S. dollars in 2021, which is around 100 U.S. dollars less than the previous year. There were an estimated 37.9 million people in poverty across the United States in 2021, which was around 11.6 percent of the population. Approximately 19.5 percent of those in poverty were Black, while 8.2 percent were white.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Chevy Chase Village, MD, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 97,827, while the mean income for the highest quintile (20% of households with the highest income) is 1,327,744. This indicates that the top earners earn 14 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 1,771,254, which is 133.40% higher compared to the highest quintile, and 1810.60% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Chevy Chase Village median household income. You can refer the same here