Edinburg Ranks Seventh Nationally for Millennial Earnings Premium

Staff Report

Edinburg, TX – Edinburg ranks No. 7 among the top U.S. cities where Millennials earn the highest income premiums, according to SmartAsset’s 2025 nationwide study, “Millennial Earnings Premium: Top Cities for High Earners.”

The report analyzed 357 of the nation’s largest cities to determine where Millennials, defined as adults born between 1981 and 1996, earn the most, relative to the overall local population. Across major cities, Millennials earn an average of 8.8 percent more than the median household, though in certain communities that gap exceeds 30 percent.

In Edinburg, the median Millennial household income is $79,139, compared with the citywide median of $59,851 across all age groups, a 32.23 percent earnings premium. The data positions Edinburg as the only Texas city to rank in the top 10. This underscores the city’s growing professional base and economic development, supported by expanding opportunities in higher education, health care, and public administration.

Nationwide, Jersey City, New Jersey, topped the list with Millennials earning 42.4 percent more than the overall local median, followed by Berkeley, California, and Quincy, Massachusetts. Many of the highest-ranking cities were concentrated in California and Massachusetts, where technology, finance, and education sectors continue to drive strong wage growth for younger professionals.

SmartAsset’s findings highlight that local labor markets and educational attainment remain key factors in Millennial income growth. While some regions—such as Sunnyvale and Santa Clara, California—report median Millennial household incomes above $200,000, roughly 10 percent of cities show Millennials earning less than their local median.

The full study, including complete rankings and methodology, is available at SmartAsset’s website at smartasset.com.

Source — SmartAsset.