A new study has revealed that among the top five cities for rising median household income, four are in states that voted for President Donald J. Trump.

PULSE POINTS WHAT HAPPENED: Four out of the five cities with the fastest rising incomes in America are in states that voted for President Donald J. Trump in 2024. DETAIL: According to a new study published on Thursday by SmartAsset, a personal finance site, the top five U.S. cities with the fastest rising incomes are in Nevada, California, and Florida. The top fives cities are Enterprise in Nevada, Anaheim in California, Henderson in Nevada, Tampa in Florida, and Port St. Lucie in Florida. Nevada and Florida voted for President Trump in 2024. Enterprise topped the survey. The city experienced an 18.3 percent increase in median household income in 2024. Anaheim experienced a 15.8 percent increase, Henderson experienced a 12.4 percent increase, Tampa experienced a 12.2 percent increase, and Port St. Lucie experienced an 11.8 percent increase. Enterprise, Nevada, saw its median household income increase from $93,905 in 2023 to $111,128 in 2024. The growth of all five cities exceeded the national wage growth average of four to five percent in 2024, according to the Federal Reserve Bank of Atlanta. “In many U.S. cities, median household income has outpaced inflation by a wide margin, offsetting the impact of rising costs… In others, however, residents are falling far enough behind to intensify the squeeze on household budgets,” noted the study, which focused on cities with a population of 250,000 or higher. IMPACT: The surge in Nevada’s wages is attributed to the diversification of its economy. The state’s economy has historically relied on gambling. New high-paying jobs span software engineering, supply-chain management, and healthcare. While Anaheim, California, features in the top five, the state’s major cities collectively continue to grapple with significant affordability problems. The state’s affordability crisis has caused a collapse in its fertility rate. Meanwhile, on Monday, it was revealed that U.S. manufacturing had reached a four-year high, largely due to domestic production incentives, such as tariffs and tax reforms.

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