The Midwest has seen the highest increase in median household income.
A Newsweek map shows which U.S. region has seen the highest increase in median household income—and the Midwest came out top.The U.S. Census Bureau has released a report on its estimates of income, earnings and inequality for the calendar year of 2023, based on data collected in the 2024 Current Population Survey Annual Social and Economic Supplements.Its analysis shows that the Midwest region had the highest increase, by 6.6 percent, bringing the median household income up to $81,020.
More From Newsweek Vault: Learn About the Best High-Yield Checking AccountsIn terms of race, Asian households had the highest median income in 2023 , followed by non-Hispanic white , Hispanic and then Black households .While people who were born in the U.S. generally saw an increase in their median income—by 4.5 percent—people born in foreign countries did not see a significant change.
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