(The Center Square) – Wisconsin ranks 33rd in mean household disposable income and 30th in mean household personal income, according to new numbers released by the Bureau of Economic Analysis.
The average personal household income in the state in the most recent data from 2023 was $154,365 with $137,388 counted as disposable income, or the money taken home after taxes.
The median personal household income, meaning the midpoint instead of the average in order to adjust for high-end earners, was $106,946 with $101,388 considered disposable income after taxes.
Wisconsin has fallen mildly over the 12 years of data as the state fell from 16th in median income in 2013 to the current ranking of 26th amongst states. Mean personal household income remained similar at 29th in 2013 and 29th in 2023.
When the data was all adjusted to 2017 dollars, Wisconsin household personal income went from an average of $117,606 in 2012 to $137,612 in 2023 while the median went from $75,766 in 2012 to $106,946 in 2023.
