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Median home value and Mean adjusted gross income per return

Across 3,095 counties, Median home value and Mean adjusted gross income per return have a link of +0.74, on a scale from −1 (opposite) to +1 (in step). But compare places with the same population density, income and education, and a weak link of +0.30 remains. Most of the first figure came from both measures following how urban, rich and educated a place is, not from a link with each other.

Mostly gone after adjusting

Every place, plotted

One dot for each place reporting both measures. Hover over or tap a dot to see its name and values. The thin line is the straight line that best fits the dots. The bold line, shown for counties, is the link after adjusting for density, income and education. A dot far from the lines is a place that does not follow the pattern.

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What each measure is

Median home value

What the owner of the middle owner-lived-in home says it would sell for. It is the owner's own guess, not an actual sale price.

Census ACS 5-year · ACS table B25077_001

Mean adjusted gross income per return

Average adjusted gross income (income after a few deductions, as reported to the IRS) per tax return. Business and farm losses are subtracted. It counts only people who file, and people who earn too little to have to file are missing, which makes the poorest places look better off.

IRS Statistics of Income · IRS SOI A00100 / N1

Highest and lowest

Where each measure is highest and lowest among the places reporting both (2023), with the other measure beside it. This is shown for every size of place where both are published. Metro-area values are added up from their counties. A measure that cannot be added up across counties, such as a middle value (median), has no metro figure. Counts are shown per 1,000 residents, since raw totals would only list the largest places. Cities and towns and ZIP codes are shown where the Census survey or the CDC publishes them; most other sources stop at the county. They are shown for places of 5,000 residents or more, and only where the survey’s margin of error is small enough for the figure to be usable. The CDC publishes its health estimates for cities in a version adjusted for age, so places with older or younger people can be compared fairly, but not for ZIP codes.

Counties

By median home value

Median home valueMean adjusted gross income per return
Highest
San Mateo County, CA$1,494,500$236,960
Marin County, CA$1,390,000$236,960
Nantucket County, MA$1,387,000$154,080
Santa Clara County, CA$1,382,800$216,170
San Francisco County, CA$1,380,500$200,410
Lowest
Todd County, SD$45,200$41,938
Oglala Lakota County, SD$45,600$40,977
McDowell County, WV$49,200$43,770
Stewart County, GA$53,000$49,766
Cottle County, TX$54,100$51,925

By mean adjusted gross income per return

Median home valueMean adjusted gross income per return
Highest
Teton County, WY$1,371,900$509,150
Pitkin County, CO$1,131,200$280,730
Summit County, UT$1,000,400$265,720
New York County, NY$1,108,900$257,310
Blaine County, ID$663,800$252,880
Lowest
Kusilvak Census Area, AK$72,700$27,083
Holmes County, MS$76,500$37,015
Zapata County, TX$88,800$38,812
Quitman County, MS$68,600$39,003
Starr County, TX$93,300$39,523
States

By median home value

Median home valueMean adjusted gross income per return
Highest
Hawaii$808,200$84,323
District of Columbia$724,600$143,630
California$695,400$110,970
Massachusetts$525,800$121,200
Washington$519,800$114,940
Lowest
West Virginia$155,600$68,201
Mississippi$161,400$65,732
Arkansas$175,300$76,591
Oklahoma$185,900$77,344
Kentucky$192,300$73,748

By mean adjusted gross income per return

Median home valueMean adjusted gross income per return
Highest
District of Columbia$724,600$143,630
Connecticut$343,200$121,890
Massachusetts$525,800$121,200
Washington$519,800$114,940
New Jersey$427,600$112,230
Lowest
Mississippi$161,400$65,732
West Virginia$155,600$68,201
New Mexico$232,200$69,650
Louisiana$208,700$73,396
Kentucky$192,300$73,748
Metro areas — Median home value is not published for metro areas

By mean adjusted gross income per return

Median home valueMean adjusted gross income per return
Highest
Jackson, WY-ID—$387,550
Naples-Marco Island, FL—$224,460
Hailey, ID—$220,660
Heber, UT—$220,380
San Jose-Sunnyvale-Santa Clara, CA—$211,950
Lowest
Zapata, TX—$38,812
Rio Grande City-Roma, TX—$39,523
Deming, NM—$41,040
Raymondville, TX—$43,300
Gallup, NM—$44,629
Cities and towns — Mean adjusted gross income per return is not published for cities and towns

By median home value

Median home valueMean adjusted gross income per return
Highest
Paradise Valley town, AZ$2,000,001—
Alamo CDP, CA$2,000,001—
Atherton town, CA$2,000,001—
Belmont city, CA$2,000,001—
Beverly Hills city, CA$2,000,001—
Lowest
Kayenta CDP, AZ$37,900—
Zephyrhills South CDP, FL$41,900—
Johnstown city, PA$42,100—
Flint city, MI$47,600—
Raymondville city, TX$48,200—
ZIP codes — Mean adjusted gross income per return is not published for ZIP codes

By median home value

Median home valueMean adjusted gross income per return
Highest
ZIP 10007 (New York city, NY)$2,000,001—
ZIP 10013 (New York city, NY)$2,000,001—
ZIP 10069 (New York city, NY)$2,000,001—
ZIP 10282 (New York city, NY)$2,000,001—
ZIP 85253 (Paradise Valley town, AZ)$2,000,001—
Lowest
ZIP 48505 (Flint city, MI)$28,300—
ZIP 10475 (New York city, NY)$31,900—
ZIP 86505 (Apache County, AZ)$35,700—
ZIP 44502 (Youngstown city, OH)$37,500—
ZIP 86033 (Navajo County, AZ)$38,300—

Counties furthest from the pattern

Compared with the straight line that best fits all 3,112 counties: the five with far more mean adjusted gross income per return than their median home value would suggest, and the five with far less.

Median home valueMean adjusted gross income per return
Above the line
Teton County, WY$1,371,900$509,150
Glasscock County, TX$248,600$214,190
Martin County, TX$162,200$200,530
Blaine County, ID$663,800$252,880
Collier County, FL$486,800$224,460
Below the line
Dukes County, MA$1,104,100$107,730
Kings County, NY$889,700$85,914
Maui County, HI$858,600$84,269
Kauai County, HI$817,900$79,539
Honolulu County, HI$873,000$87,269

Two series, one county

Both measures over time for a county you pick. The two charts are stacked, so they share only the years along the bottom. You can pick from the thirty largest counties reporting both. This panel covers 2010–2024, and a measure published only once shows as a single dot.

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Every version of the link

Each row measures the same link, from −1 to +1, in a different way. If the rows mostly agree, the link does not depend on one choice of method.

Before adjusting for anything+0.7453,095 counties reporting both
After adjusting for density, income and education+0.298the part of the link that is not just how urban, rich and educated a place is
Also adjusting for population size+0.301size taken out as well as density
Also comparing only within each state+0.474each county is compared only with others in its own state, so this is no longer a comparison between states
Giving bigger counties more weight+0.318the adjusted link for the average resident rather than the average county. With this weighting, the data counts for about 287 equally weighted counties
Middle value inside single states+0.852the link worked out inside each of 40 states with at least 20 counties reporting
Using ranks, after adjusting+0.074uses each county’s rank, not its value, so a few extreme counties cannot create the link

How much to believe it

Could it be chance?

The p-value is the chance of seeing a link this strong if there were really none. A value of 0.05 or less means the link is unlikely to be chance. Very small values are written in short form: 3.1e-16 means 0.00000000000000031, and the bigger the number after “e-”, the smaller the value. Treating every county as a separate case gives p = 2.2e-64. But counties in the same state tend to resemble each other, so the better figure allows for that: p = 0.002. The site tested 20,910 pairs, and testing so many turns up some flukes. The q-value allows for that too. For this pair it is 1.4e-63.

Do nearby places look alike?

Moran’s I measures how much nearby places look alike: 0 means no map pattern, and higher means neighbours are more similar. For the part of each county that the adjustment leaves unexplained, it is +0.21 (p = 0.001). That unexplained part still clusters on the map. So some regional factor shared by both measures is not accounted for.

Did they change together?

The figures above compare counties at one moment. This asks a different question: where median home value rose most, did mean adjusted gross income per returnmove too? Each county’s change is compared with the average change in its own state. That takes out ups and downs that hit a whole region at once. Each change is the gap between two estimates that both contain some error. That error pulls these links towards zero, so a weak one is weak partly for that reason. The q column shows whether a link could be a fluke, allowing for the many pairs tested: 0.05 or less means it is unlikely to be chance.

PeriodCountiesChange togetherWithin statesq
2014–2019 the main test: each Census survey figure averages five years, and these two do not overlap; before the pandemic2,985-0.01+0.120.000
2019–2023 a repeat check: its two five-year survey figures both include 2019, and it covers the COVID years2,991+0.12+0.040.106

In counties where one changed more, the other tended to move the same way, compared with other counties in the same state (r = +0.12). It does not hold clearly in the second period, which spans the pandemic. How change is measured.

Related pairs

Association only. Nothing here shows that either measure changes the other. This describes counties, not the people in them. Two measures going together across places does not mean the same people have both. How the US county data works · Explore Median home value and Mean adjusted gross income per return