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I created a thread a month ago about median household ncome in the 50 largest cities and since then, I've been looking at different factors to determine why Oakland rose so fast in the past 2 years. It wasnt until I stopped looking for an answer in the stats until I came across this stat...
Median Household Income for all US Households Under Age 25 is $30,524
Usually under 25 is a group that is in school, or in entry level, or in menial jobs, which is understandable. But in 2016, this group in San Francisco and Oakland has a median income that tops the national median for all households($57,617), a figure more than twice the median for their same age group nationwide. I am still looking for more info on this through data but this is what I have so far...
50 Largest US Cities By Median Household Income, Under Age 25
2016:
San Francisco, CA $69,023
Oakland, CA $64,474
Virginia Beach, VA $45,506
Seattle, WA $42,271
San Jose, CA $41,115
San Diego, CA $41,062
Denver, CO $40,958
New York $40,714
Oklahoma City, OK $38,904
Colorado Springs, CO $38,524
Nashville, TN $37,667
Phoenix, AZ $36,707
Fort Worth, TX $36,647
Raleigh, NC $36,485
Atlanta, GA $35,279
Portland, OR $34,626
Boston, MA $34,496
Miami, FL $34,457
Washington, DC $33,979
Dallas, TX $33,911
Minneapolis, MN $33,584
Jacksonville, FL $33,110
Mesa, AZ $32,685
Baltimore, MD $32,586
Louisville, KY $32,212
Las Vegas, NV $32,087
Wichita, KS $31,106
Los Angeles, CA $30,976
Arlington, TX $30,855
Charlotte, NC $30,531
Houston, TX $30,303
Austin, TX $30,058
Omaha, NE $28,710
Kansas City, MO $28,121
Indianapolis, IN $27,707
San Antonio, TX $27,689
Chicago, IL $27,280
El Paso, TX $25,798
Milwaukee, NM $25,114
Columbus, OH $24,928
Philadelphia, PA $24,475
Tulsa, OK $24,234
Fresno, CA $23,619
Albuquerque, NM $23,407
Sacramento, CA $23,227
Long Beach, CA $22,323
Tucson, AZ $22,399
Memphis, TN $21,675
Detroit, MI $18,894
New Orleans, LA $15,810
2010:
Virginia Beach, VA $44,094
San Francisco, CA $34,497
Las Vegas, NV $31,573
New York, NY $31,538
San Diego, CA $31,523
San Jose, CA $31,078
Washington, DC $27,398
Minneapolis, MN $26,866
Long Beach, CA $26,916
Dallas, TX $26,642
Phoenix, AZ $26,557
Charlotte, NC $26,503
Denver, CO $25,644
Mesa, AZ $25,541
Arlington, TX $25,316
Houston, TX $25,242
Tulsa, OK $25,228
Nashville, TN $25,206
Jacksonville, FL $24,802
Los Angeles, CA $24,603
Oklahoma City, OK $24,514
Fort Worth, TX $23,684
Chicago, IL $23,292
El Paso, TX $23,221
Omaha, NE $23,183
Raleigh, NC $23,177
Portland, OR $22,875
Colorado Springs, CO $22,808
Albuquerque, NM $22,378
Fresno, CA $22,010
Seattle, WA $21,478
Sacramento, CA $21,317
Louisville, KY $21,263
New Orleans, LA $20,908
San Antonio, TX $20,687
Kansas City, MO $20,688
Baltimore, MD $20,669
Tucson, AZ $20,081
Oakland, CA $20,046
Columbus, OH $19,086
Austin, TX $18,549
Wichita, KS $18,729
Indianapolis, IN $17,990
Miami, FL $17,648
Milwaukee, WI $17,481
Atlanta, GA $16,820
Boston, MA $16,804
Memphis, TN $16,664
Philadelphia, PA $15,657
Detroit, MI $14,894
Change in Median Household Income, Under Age 25, 2010-2016
Oakland, CA +$44,428
San Francisco, CA +$34,526
Atlanta, GA +$18,409
Boston, MA +$17,562
Miami, FL +$16,809
Colorado Springs, CO +$15,716
Denver, CO +$15,314
Oklahoma City, OK +$14,390
Raleigh, NC +$13,318
Fort Worth, TX +$12,963
Nashville, TN +$12,401
Wichita, KS +$12,377
Baltimore, MD +$11,917
Portland, OR +$11,751
Austin, TX +$11,509
Louisville, KY +$10,949
Phoenix, AZ +$10,150
San Jose, CA +$10,077
Indianapolis, IN +$9,717
San Diego, CA +$9,539
New York, NY +$9,176
Philadelphia, PA +$8,818
Jacksonville, FL +$8,308
Milwaukee, WI +$7,633
Kansas City, MO +$7,433
Dallas, TX +$7,269
Mesa, AZ +$7,144
San Antonio, TX +$7,002
Minneapolis, MN $6,718
Washington, DC +$6,581
Los Angeles, CA +$6,375
Columbus, OH +$5,842
Arlington, TX +$5,539
Omaha, NE +$5,527
Houston, TX +$5,061
Memphis, TN +$4,993
Charlotte, NC +$4,028
Detroit, MI +$4,010
Chicago, IL +$3,988
El Paso, TX +2,577
Tucson, AZ +$2,318
Sacramento, CA +$1,910
Fresno, CA +$1,609
Virginia Beach, VA +$1,412
Albuquerque, NM +$1,023
Las Vegas, NV +$514
Tulsa, OK -$1,004
Long Beach, CA -$4,591
New Orleans, LA-$5,098
Percent Change in Median Household Income, Under Age 25, 2010-2016
Oakland, CA +221.6%
Atlanta, GA +109.4%
Boston, MA +105.2%
San Francisco, CA +100.0%
Miami, FL +95.2%
Colorado Springs, CO +68.9%
Wichita, KS +66.0%
Austin, TX +62.0%
Denver, CO +59.7%
Oklahoma City, OK +58.7%
Baltimore, MD +57.6%
Raleigh, NC +57.4%
Philadelphia, PA +56.3%
Fort Worth, TX +54.7%
Indianapolis, IN +54.0%
Louisville, KY +51.4%
Portland, OR +51.3%
Nashville, TN +49.4%
Milwaukee, WI +43.6%
Phoenix, AZ +38.2%
Kansas City, MO +35.4%
San Antonio, TX +33.8%
Jacksonville, FL +33.4%
San Jose, CA +32.4%
Columbus, OH +30.6%
San Diego, CA +30.2%
Memphis, TN +29.9%
New York, NY +29.0%
Mesa, AZ +27.9%
Dallas, TX +27.2%
Detroit, MI +26.8%
NATIONAL AVERAGE +26.7%
Los Angeles, CA +25.9%
Minneapolis, MN +25.0%
Washington, DC +24.0%
Omaha, NE +23.8%
Arlington, TX +21.8%
Houston, TX +20.0%
Chicago, IL +17.1%
Charlotte, NC +15.1%
Tucson, AZ +11.5%
El Paso, TX +11.0%
Sacramento, CA +8.9%
Fresno, CA +7.3%
Albuquerque, NM +4.5%
Virginia Beach, VA +3.2%
Las Vegas, NV +1.4%
Tulsa, OK -3.81%
Long Beach, CA -17.0%
New Orleans, LA -24.3%
Here are all cities in the 1-year census estimate that have a median income for households where the head ages 15-24 is higher than the national median income for all households, which is $57,617.
Median Household Income, Under Age 25(above $57,617):
South San Francisco, CA $150,587
Palo Alto, CA $145,491
Clifton, NJ $102,857
Pleasanton, CA $100,780
Manteca, CA $97,607
The Hammocks, FL $95,184
Santa Clara, CA $87,074
Hayward, CA $85,735
Glendale, CA $79,537
Bayonne, NJ $78,697
Somerville, MA $76,773
Trenton, NJ $76,298
Castro Valley, CA $75,711
Rancho Cucamonga, CA $75,304
Rockville, MD $74,426
Casa Adobes, AZ $72,570
Garden Grove, CA $70,620
Carlsbad, CA $71,181
Thornton, CO $70,217
Gaithersburg, MD $69,282
San Francisco, CA $69,023
Walnut Creek, CA $68,764
Arlington Heights, IL $68,324
Santa Maria, CA $68,205
San Clemente, CA $67,631
Bethlehem, PA $67,582
Union City, CA $67,188
Toms River, NJ $66,764
Redwood City, CA $66,465
Centreville, VA $65,863
San Mateo, CA $65,510
Escondido, CA $65,382
Vallejo, CA $65,271
Newport Beach, CA $65,170
Oakland, CA $64,474
Arvada, CO $64,428
Roseville, CA $63,796
Hillsboro, OR $63,482
Mission, TX $62,762
Missouri City, TX $62,065
Brownsville, TX $61,680
Quincy, MA $60,973
Alameda, CA $60,906
Allen, TX $60,367
Goodyear, AZ $59,712
Georgetown, TX $58,892
Round Rock, TX $58,481
New Braunfels, TX $58,457
Miami Beach, FL $57,850
Very odd grouping which makes it all the more interesting.
Maybe the yups could do something to help those less fortunate, instead of boasting how much money they earn?
Quote:
San Francisco
The lack of affordable housing in San Fransisco has exacerbated the city's homeless problem, which was already among the worst in the nation. The city did a homeless count in January 2015, finding 6,686 homeless people, 3,505 of whom didn't have permanent shelter. That number is likely higher now, though the exact figure is unknown.
Located In: San Francisco Bay Area, California, USA
I’d find a table or relative spending power of those incomes by locality more interesting. Making a huge salary doesn’t matter if everything else is equally expensive. Some areas have a much better salary to cost of living index.
That's just it. Many of these towns are NOT yuppie havens. Manteca, CA for example is a middle class exurb 80 miles east of the Bay and yet the median hh income for under 25yo is $97,000??
Lol, some of you have a serious chip on your shoulder. It's so amusing how different the responses will be when 18Montclair posts this type of information versus any other person. For example:
Basically the same type of info yet no one asks about Cost of Living in the second thread or someone from Boston complaining about helping lower income people on the first post...
Here are all cities in the 1-year census estimate that have a median income for households where the head ages 15-24 is higher than the national median income for all households, which is $57,617.
Median Household Income, Under Age 25(above $57,617): South San Francisco, CA $150,587
Palo Alto, CA $145,491
Clifton, NJ $102,857 Pleasanton, CA $100,780
Manteca, CA $97,607
The Hammocks, FL $95,184
Santa Clara, CA $87,074 Hayward, CA $85,735
These one's are quite odd, none of those towns seems like a place for well paid people under 25.
Lol, some of you have a serious chip on your shoulder. It's so amusing how different the responses will be when 18Montclair posts this type of information versus any other person. For example:
Basically the same type of info yet no one asks about Cost of Living in the second thread or someone from Boston complaining about helping lower income people on the first post...
LOL Im used to it
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