Households
Households thrive when families can build wealth over time through long-term assets like personal savings and property ownership, as well as entrepreneurship.
What are we seeing?
Overall household income has increased in 2022. The median white household income ($104,000) remains significantly larger than households of Black ($71,000) and American Indian and Alaskan Native people ($77,000).
High school graduation rates increased for all groups in 2022, rising from 85.1% to 85.5%, except for Black students, whose graduation rates dropped by nearly 1% to 82.1%. On-time graduation rates for American Indian or Alaskan Native, Native Hawaiian or Pacific Islander, and Hispanic students averaged 78%.
Homeownership has stayed consistent across all racial categories between 2021 and 2022 ranging from 61% to 61.1%.
0% change in median household income
(as of 2024)
Click on each section below to view data results for the REGION, updated 2024. (Optimized for desktop viewing).
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Why is this metric important?
Growth in household income is a critical driver in building household wealth and also leads to increased consumption which supports broader economic growth for the region.
Source: ACS
Why is this metric important?
Growth in household income is a critical driver in building household wealth and also leads to increased consumption which supports broader economic growth for the region.
Source: ACS
Why is this metric important?
Growth in household income is a critical driver in building household wealth and also leads to increased consumption which supports broader economic growth for the region.
Source: ACS
Why is this metric important?
Growth in household income is a critical driver in building household wealth and also leads to increased consumption which supports broader economic growth for the region.
Source: ACS
Why is this metric important?
Growing employment indicates robust commerce and provides new job and growth opportunities for the region's residents.
Source: BLS
Why is this metric important?
A highly functioning education system results in a resident base that is engaged, employable, and productive.
Why is this metric important?
Well designed transit networks, coupled with easy access connect residents with job centers, create economic opportunities for people while reducing traffic congestion.
Source: PSRC
Why is this metric important?
Homeownership is a primary method of building household wealth over time and provides greater financial security and flexibility.
Source: ACS
