Despite big gains in select cities, the median household income in Michigan continued to lag the nation in 2024, according to data from the U.S. Census Bureau, meaning the state's wealth is declining compared with the rest of the country.
American Community Survey data showed that Michigan households reported a median income of just more than $72,000 in 2024, 15% less than the U.S. median of $83,730. That ranked 37th among all of the states.