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Metro Atlanta household income growth among the top 10 in the U.S.

by Peter Thomas Ricci

family-front-steps-house-porch-home-buyers-sellers

The Metro Atlanta area has seen the third-strongest growth in median household income since 2014, according to new research from the U.S. Census Bureau.

With household income up 7.1 percent, Metro Atlanta’s growth is behind only Birmingham (9.3 percent) and Nashville (10 percent) among metro areas, and is well ahead of the national average of 5.2 percent.

Homebuyers and household income

The positives of the Census Bureau’s numbers are difficult to overstate. With incomes growing, Metro Atlanta’s overall economy is growing, and with housing at the center of that economy, it only stands to reason that more and more real estate professionals will benefit from that growth.

Here is the full list of metro areas with the strongest household income growth:

  1. Nashville: 10%
  2. Birmingham: 9.3%
  3. Atlanta: 7.1%
  4. San Francisco: 6.2%
  5. Kansas City: 6%
  6. Portland: 5.9%
  7. Orlando: 5.8%
  8. Milwaukee: 5.7%
  9. Memphis: 5.7%
  10. Seattle: 5.6%

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