Average Income for Family of Four Worldwide -usa
| | Parts of this article (those related to documentation) need to be updated. (September 2020) |
Median US household income through 2019
U.S. existent median household income reached $63,688 in January 2019, an increase of $171 or 0.iii% over i month (December 2018) .[1]
Household income is an economic standard that can be applied to one household, or aggregated across a large group such equally a county, city, or the whole land. It is commonly used by the U.s.a. government and individual institutions to describe a household's economic status or to track economic trends in the United states of america.
A central measure of household income is the median income, at which half of households take income above that level and half beneath. The U.S. Demography Bureau reports ii median household income estimates based on information from two surveys: the Current Population Survey (CPS) and the American Community Survey (ACS). The CPS is the recommended source for national-level estimates, whereas the ACS gives estimates for many geographic levels.[two] : 19 [iii] : ten According to the CPS, the median household income was $63,179 in 2018.[2] [iv] According to the ACS, the U.S. median household income in 2018 was $61,937.[3] Estimates for previous years are given in terms of real income, which have been adapted for changes to the toll of appurtenances and services.
The distribution of U.S. household income has become more than unequal since effectually 1980, with the income share received by the pinnacle 1% trending upward from effectually 10% or less over the 1953–1981 catamenia to over 20% by 2007.[5] After falling somewhat due to the Great Recession in 2008 and 2009, inequality rose once again during the economic recovery, a typical pattern historically.[6] [7]
Definition [edit]
A household's income can be calculated in various ways but the The states Census equally of 2009 measured it in the following way: the income of every resident of that house that is over the age of 15, including pre-tax wages and salaries, along with any pre-tax personal business organization, investment, or other recurring sources of income, too as whatever kind of governmental entitlement such as unemployment insurance, social security, disability payments or child back up payments received.[8]
The residents of the household do non take to be related to the head of the household for their earnings to be considered part of the household's income.[ix] As households tend to share a similar economic context, the utilize of household income remains amidst the most widely accustomed measures of income. That the size of a household is not normally taken into account in such measures may distort any analysis of fluctuations within or among the household income categories, and may return direct comparisons between quintiles difficult or even impossible.[ten] The US Census does not include noncash benefits such as health benefits.[11]
Recent trends [edit]
U.South. economic growth is not translating into higher median family incomes. Real Gross domestic product per household has typically increased since the twelvemonth 2000, while real median income per household was below 1999 levels until 2016, indicating a tendency of greater income inequality.[12]
Full bounty's share of Gdp has declined by 4.v percentage points from 1970 to 2016. This implies that the share attributed to upper-case letter increased in that flow.
U.Southward. existent wages (i.e. production) for ordinary (i.eastward. not-supervisory) workers remain slightly below their 1970s peak.[thirteen]
The Current Population Survey of the U.South. Census Agency reported in September 2017 that real median household income was $59,039 in 2016, exceeding whatsoever previous year. This was the fourth sequent year with a statistically significant increase by their mensurate.[14]
Changes in median income reflect several trends: the aging of the population, changing patterns in work and schooling, and the evolving makeup of the American family unit, as well every bit long- and short-term trends in the economy itself. For case, the retirement of the Baby Blast generation should push downwards overall median income, every bit more than persons enter lower-income retirement. Still, analysis of different working historic period groups point a similar pattern of stagnating median income equally well.[15]
Journalist Annie Lowrey wrote in September 2014: "The root causes [of wage stagnation] include technological change, the reject of labor unions, and globalization, economists call back, though they disagree sharply on how much to weight each factor. But foreign-produced appurtenances became sharply cheaper, significant imports climbed and production moved overseas. And computers took over for humans in many manufacturing, clerical, and administrative tasks, eroding middle-course jobs growth and suppressing wages."[16]
Another line of analysis, known as "full bounty," presents a more complete film of real wages. The Kaiser Family Foundation conducted a study in 2013 which shows that employer contributions to employee healthcare costs went up 78% from 2003 to 2013.[17] The marketplace has made a trade-off: expanding benefits packages vs. increasing wages.
Measured relative to Gdp, total bounty and its component wages and salaries have been declining since 1970. This indicates a shift in income from labor (persons who derive income from hourly wages and salaries) to upper-case letter (persons who derive income via ownership of businesses, land and assets). This trend is common across the developed world, due in part to globalization.[18] Wages and salaries take fallen from approximately 51% Gross domestic product in 1970 to 43% Gross domestic product in 2013. Total compensation has fallen from approximately 58% Gross domestic product in 1970 to 53% Gdp in 2013.[19]
However, as indicated by the charts below, household income has still increased significantly since the late 1970s and early 80s in real terms, partly due to higher private median wages, and partly due to increased employment of women.
According to the CBO, between 1979 and 2011, gross median household income, adjusted for aggrandizement, rose from $59,400 to $75,200, or 26.five%.[twenty] However, one time adjusted for household size and looking at taxes from an after-tax perspective, real median household income grew 46%, representing significant growth.[21]
The post-obit table summarizes real median household income at fundamental recent milestones:
| Variable | 1999 Previous Record | 2007 Pre-Crunch Top | 2012 Post-Crunch Trough | 2016 Previous Record | 2017 Previous Record | 2018 Tape |
|---|---|---|---|---|---|---|
| Existent median household income[22] | $61,526 | $sixty,985 | $55,900 | $61,779 | $62,626 | $63,179 |
Uses [edit]
Use of individual household income: The government and organizations may wait at one particular household's income to decide if a person is eligible for sure programs, such as nutrition assistance [23] or demand-based fiscal aid,[24] among many others.
Use at the aggregate level: Summaries of household incomes across groups of people – often the unabridged state – are also studied as office of economical trends like standard of living and distribution of income and wealth. Household income as an economic measure tin can be represented every bit a median, a mean, a distribution, and other ways. Household income tin can be studied across fourth dimension, region, teaching level, race/ethnicity, and many other dimensions. As an indicator of economic trends, information technology may be studied along with related economic measures such every bit dispensable income, debt, household net worth (which includes debt and investments, durable goods like cars and houses), wealth, and employment statistics.
Median inflation-adjusted ("real") household income [edit]
Median inflation-adjusted ("real") household income more often than not increases and decreases with the business cycle, declining in each yr during the periods 1979 through 1983, 1990 through 1993, 2000 through 2004 and 2008 through 2012, while rising in each of the intervening years.[20] Extreme poverty in the United States, meaning households living on less than $2 per person per day before government benefits, more than than doubled in absolute terms from 636,000 to ane.46 million households (including two.8 meg children) between 1996 and 2011, with most of this increase occurring between late 2008 and early on 2011.[25]
Median household income, past county, as of 2017.
CBO income growth study [edit]
The nonpartisan Congressional Upkeep Office conducted a study analyzing household income throughout the income distribution, by combining the Census and IRS income data sources. Different the Census mensurate of household income, the CBO showed income before and subsequently taxes, and by also taking into account household size.[26] Also, the CBO definition of income is much broader, and includes in kind transfers besides as all budgetary transfers from the government.[26] The Census' official definition of coin income excludes nutrient stamps and the EITC, for case, while CBO includes it.
Between 1979 and 2011, gross median household income, adapted for aggrandizement, rose from $59,400 to $75,200, or 26.5%. This compares with the Census' growth of x%.[20] Nonetheless, in one case adjusted for household size and looking at taxes from an after-revenue enhancement perspective, real median household income grew 46%, representing pregnant growth.[21]
While median gross household income showed much stronger growth than depicted by the Demography, inequality was shown to still have increased. The height 10% saw gross household income grow by 78%, versus 26.v% for the median. The bottom x%, using the same measure, saw higher growth than the median (40%).[21]
This graph shows the income since 1970 of dissimilar racial and ethnic groups in the United States (in 2014 dollars).[27]
Since 1980, U.South. gross domestic product (GDP) per capita has increased 67%,[28] while median household income has but increased past 15%. Median household income is a politically sensitive indicator. Voters can exist critical of their authorities if they perceive that their cost of living is ascent faster than their income.
The early-2000s recession began with the bursting of the dot-com bubble and affected nigh advanced economies including the Eu, Japan and the The states. An economic recession will ordinarily crusade household incomes to subtract, frequently by as much as 10%.
The late-2000s recession began with the bursting of the U.S. housing bubble, which acquired a problem in the dangerously exposed sub prime-mortgage market place. This in turn triggered a global financial crisis. In abiding price, 2011 American median household income was 1.13% lower than what it was in 1989. This corresponds to a 0.05% annual decrease over a 22-yr flow.[29] In the meantime, GDP per capita has increased past 33.8% or 1.33% annually.[30]
A study on Usa Census income data claims that when using the national bookkeeping methodology, U.S. gross median household income was $57,739 in 2010 (table 3).[31]
In 2015, the US median household income spiked 5.2 per cent, reaching $56,000, making it the outset annual hike in median household income since the first of the Great Recession.[32]
Mean household income [edit]
Some other mutual measurement of personal income is the mean household income. Different the median household income, which divides all households in 2 halves, the mean income is the average income earned by American households. In the example of mean income, the income of all households is divided by the number of all households.[33] The mean income is more affected past the relatively unequal distribution of income which tilts towards the meridian.[34] As a consequence, the mean will exist higher than the median income, with the top earning households boosting information technology. Overall, the hateful household income in the U.s., according to the United states of america Census Agency 2014 Annual Social and Economic Supplement, was $72,641.[35]
The Us Census Bureau too provides a breakup by self-identified ethnic groups every bit follows (equally of March 2018):
| Ethnic category | Mean household income |
|---|---|
| Asian alone | $112,105 |
| White alone | $99,632 |
| Hispanic or Latino | $60,319 |
| Black | $63,985 |
Hateful vs. median household income [edit]
Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Hateful income (average) is the amount obtained past dividing the full aggregate income of a group by the number of units in that group. The ways and medians for households and families are based on all households and families. Means and medians for people are based on people fifteen years erstwhile and over with income.
—US Demography Bureau, Frequently Asked Question, published past First Gov.[33]
Amass income distribution [edit]
| | This section needs to be updated. (August 2018) |
The amass income measures the combined income earned by all persons in a particular income group. In 2018, the total personal income earned in the Us was $17.half-dozen trillion.[36] In 2008, all households in the United States earned roughly $12,442.2 billion.[36] 1 half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent. Over one quarter, 28.v%, of all income was earned by the top 8%, those households earning more than $150,000 a year. The top 3.65%, with incomes over $200,000, earned 17.5%. Households with annual incomes from $fifty,000 to $75,000, 18.2% of households, earned 16.5% of all income. Households with annual incomes from $50,000 to $95,000, 28.ane% of households, earned 28.8% of all income. The lesser ten.3% earned ane.06% of all income.[ citation needed ]
Household income and demographics [edit]
Racial and ethnic groups [edit]
in 2005
White Americans fabricated upwardly roughly 75.1% of all people in 2000,[37] 87.93% of all households in the top 5% were headed by a person who identified every bit being White alone. Merely four.75% of all household in the top 5% were headed past someone who identified as Hispanic or Latino of any race,[38] versus 12.v% of persons identifying themselves equally Hispanic or Latino in the general population.[37]
Overall, 86.01% of all households in the superlative two quintiles with upper-middle range incomes of over $55,332 were headed by someone identifying as White alone, while seven.21% were beingness headed by someone who identified every bit Hispanic and seven.37% by someone who identified every bit African American or Black.[38] Overall, households headed by Hispanics and African Americans were underrepresented in the top 2 quintiles and overrepresented in the bottom 2 quintiles. Households headed by people who identified as beingness Asian lonely were also overrepresented amid the top two quintiles. In the top five percent the percentage of Asians was well-nigh twice as loftier as the per centum of Asians amidst the full general population. Whites were relatively even distributed throughout the quintiles only being underrepresented in the lowest quintile and slightly overrepresented in the pinnacle quintile and the top five percent.[38]
In terms of race in 2004 information, Asian-American households had the highest median household income of $57,518, European-American households ranked second with $48,977, Hispanic or Latino households ranked third with $34,241. African-American or Black households had the lowest median household income of all races with $30,134.[39]
| Ethnic grouping | All households | Lowest fifth | Second fifth | Middle fifth | Fourth 5th | Highest fifth | Top 5% | |
|---|---|---|---|---|---|---|---|---|
| White alone | Number in 1000s | 92,702 | 16,940 | 18,424 | 18,978 | xix,215 | nineteen,721 | v,029 |
| Percentage | 81.93% | 74.87% | 81.42% | 83.87% | 84.92% | 87.sixteen% | 87.93% | |
| Asian solitary | Number in 1000s | 4,140 | 624 | 593 | 786 | 871 | ane,265 | 366 |
| Percentage | 3.65% | 2.76% | 2.26% | 3.47% | 3.84% | 5.59% | half-dozen.46% | |
| Black | Number in 1000s | thirteen,792 | iv,474 | iii,339 | 2,637 | 2,053 | 1,287 | 236 |
| Per centum | 12.xix% | 19.77% | 14.75% | xi.65% | ix.07% | 5.69% | 4.17% | |
| Hispanic or Latino (of whatever race) | Number in 1000s | 12,838 | iii,023 | three,130 | two,863 | 1,931 | 1,204 | 269 |
| Per centum | 11.33% | 13.56% | 13.83% | 12.xx% | 8.53% | 5.89% | iv.75% | |
Source: United states Census Bureau, 2004 [38]
Pedagogy and gender [edit]
Median almanac household income in accordance with the householder's educational attainment. The data but includes households with a householder over the historic period of twenty-five.[40]
Household income as well as per capita income in the U.s. rise significantly as the educational attainment increases.[41] In 2005 graduates with a Chief'south in Business Administration (MBA) who accepted job offers were expected to earn a base of operations bacon of $88,626. They were also expected to receive an "average signing bonus of $17,428."[42]
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400. The boilerplate for an advanced caste was $72,824, with men averaging $90,761 and women averaging $50,756 annually. Yr-round full-time workers with a professional degree had an boilerplate income of $109,600 while those with a master's degree had an average income of $62,300. Overall, "…[a]verage earnings ranged from $xviii,900 for high school dropouts to $25,900 for loftier school graduates, $45,400 for college graduates and $99,300 for workers with professional degrees (G.D., O.D., D.P.T., D.P.M., D.O., J.D., Pharm.D., D.D.S., or D.V.Thousand.)."[43]
Individuals with graduate degrees have an average per capita income exceeding the median household income of married couple families among the general population ($63,813 annually).[43] [44] College educational attainment did not, still, aid close the income gap between the genders every bit the life-time earnings for a male with a professional caste were roughly xl per centum (39.59%) higher than those of a female with a professional person caste. The lifetime earnings gap between males and females was the smallest for those individuals property an acquaintance degrees with male life-time earnings being 27.77% higher than those of females. While educational attainment did not help reduce the income inequality betwixt men and women, information technology did increase the earnings potential of individuals of both sexes, enabling many households with one or more graduate degree householders to enter the peak household income quintile.[43] These data were not adapted for preferential differences amid men and women whom nourish college.
Household income also increased significantly with the educational attainment of the householder. The U.s. Demography Bureau publishes educational attainment and income data for all households with a householder who was aged xx-five or older. The biggest income difference was between those with some college education and those who had a Bachelor'south degree, with the latter making $23,874 more annually. Income too increased substantially with increased post-secondary education. While the median annual household income for a household with a householder having an associate degree was $51,970, the median annual household income for householders with a bachelor's degree or higher was $73,446. Those with doctorates had the 2nd highest median household with a median of $96,830; $18,289 more than than that for those at the principal'southward degree level, but $3,170 lower than the median for households with a professional person degree holding householder.[twoscore]
| Criteria | Overall | Less than 9th grade | Some loftier school | High school graduate or equivalent | Some college | Associate degree | Bachelor's degree | Available's caste or more than | Master's degree | Professional person caste | Doctoral degree | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median annual individual income | Male, age 25+ | $33,517 | $xv,461 | $eighteen,990 | $28,763 | $35,073 | $39,015 | $50,916 | $55,751 | $61,698 | $88,530 | $73,853 |
| Female, age 25+ | $19,679 | $9,296 | $10,786 | $15,962 | $21,007 | $24,808 | $31,309 | $35,125 | $41,334 | $48,536 | $53,003 | |
| Median annual household income[45] | $62,625 | $26,587 | $thirty,100 | $44,970 | $55,563 | $64,263 | $91,772 ? | $100,021 | $108,231 | $139,069 | $140,110 | |
The modify in median personal and household since 1991 also varied greatly with educational attainment. The post-obit tabular array shows the median household income according to the educational attainment of the householder. All information is in 2003 dollars and just applies to householders whose householder is anile xx-five or older. The highest and everyman points of the median household income are presented in assuming face.[twoscore] [46] Since 2003, median income has continued to rise for the nation as a whole, with the biggest gains going to those with associate degrees, bachelor'southward degree or more, and master's degrees. High-school dropouts fared worse with negative growth.
| Year | Overall Median | Less than 9th form | Some high school | Loftier school graduate | Some higher | Acquaintance caste | Bachelor's degree | Available'due south degree or more than | Master's degree | Professional person degree | Doctoral degree |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1991 | $40,873 | $17,414 | $23,096 | $37,520 | $46,296 | $52,289 | $64,150 | $68,845 | $72,669 | $102,667 | $92,614 |
| 1993 | $40,324 | $17,450 | $22,523 | $35,979 | $44,153 | $49,622 | $64,537 | $70,349 | $75,645 | $109,900 | $93,712 |
| 1995 | $42,235 | $18,031 | $21,933 | $37,609 | $44,537 | $50,485 | $63,357 | $69,584 | $77,865 | $98,302 | $95,899 |
| 1997 | $43,648 | $17,762 | $22,688 | $38,607 | $45,734 | $51,726 | $67,487 | $72,338 | $77,850 | $105,409 | $99,699 |
| 1999 | $46,236 | $19,008 | $23,977 | $39,322 | $48,588 | $54,282 | $70,925 | $76,958 | $82,097 | $110,383 | $107,217 |
| 2001 | $42,900 | $18,830 | $24,162 | $37,468 | $47,605 | $53,166 | $69,796 | $75,116 | $81,993 | $103,918 | $96,442 |
| 2003 | $45,016 | $18,787 | $22,718 | $36,835 | $45,854 | $56,970 | $68,728 | $73,446 | $78,541 | $100,000 | $96,830 |
| Average | $43,376 | $eighteen,183 | $23,013 | $37,620 | $46,109 | $51,934 | $66,997 | $72,376 | $78,094 | $104,368 | $94,487 |
Source: US Census Bureau, 2003 [40]
Age of householder [edit]
Household income in the United states of america varies substantially with the historic period of the person who heads the household. Overall, the median household income increased with the age of householder until retirement age when household income started to turn down.[48] The highest median household income was plant amidst households headed by working baby-boomers.[48]
Households headed past persons between the ages of 45 and 54 had a median household income of $61,111 and a hateful household income of $77,634. The median income per fellow member of household for this particular group was $27,924. The highest median income per member of household was among those between the ages of 54 and 64 with $30,544 [The reason this figure is lower than the next grouping is considering pensions and Social Security add together to income while a portion of older individuals also have work-related income.].[48]
The grouping with the second highest median household income, were households headed past persons between the ages 35 and 44 with a median income of $56,785, followed by those in the age grouping betwixt 55 and 64 with $l,400. Not surprisingly the lowest income grouping was composed of those households headed by individuals younger than 24, followed by those headed by persons over the age of 75. Overall, households headed past persons above the age of 70-five had a median household income of $xx,467 with the median household income per member of household beingness $eighteen,645. These figures support the general assumption that median household income as well as the median income per member of household peaked among those households headed by centre anile persons, increasing with the age of the householder and the size of the household until the householder reaches the age of 64. With retirement income replacing salaries and the size of the household declining, the median household income decreases also.[48]
Household size [edit]
While median household income has a tendency to increase upward to iv persons per household, it declines for households beyond iv persons. For example, in the state of Alabama in 2004, two-person households had a median income of $39,755, with $48,957 for three-person households, $54,338 for iv-person households, $50,905 for five-person households, $45,435 for six-person households, with seven-or-more than-person households having the 2d lowest median income of merely $42,471.[49]
Geography [edit]
Considering other racial and geographical differences in regards to household income, it should come equally no surprise that the median household income varies with race, size of household and geography. The state with the highest median household income in the U.s.a. equally of the US Census Agency 2009 is Maryland with $69,272, followed by New Jersey, Connecticut and Alaska, making the Northeastern United States the wealthiest area by income in the unabridged country.[50]
Regionally, in 2010, the Northeast reached a median income of $53,283, the W, $53,142, the Due south, $45,492, and the Midwest, $48,445.[51] Each effigy represents a decline from the previous twelvemonth.
Median household income by state [edit]
Map of states by median household income in 2019.
In 2007, the median household income by state ranged from $36,338 in Mississippi to $68,080 in Maryland. Despite having the highest median habitation cost in the nation[52] and habitation prices that far outpaced incomes,[53] California ranked merely eighth in income that year, with a median household income of $59,984. While California's median income was non well-nigh enough to afford the boilerplate California home or even a starter home, West Virginia, which had ane of the nation's lowest median household incomes, besides had the nation's everyman median habitation price.[52] [54]
When grouped by Census Bureau Region, of the 15 states that, in 2017, had the highest median household income, only Minnesota is located in the Mid-West. Five are in the Northeast (Connecticut, Massachusetts, New Hampshire, New Jersey and Rhode Isle), three are South Atlantic states (Washington D.C., Maryland and Virginia) while the remaining six are in the Due west (Alaska, California, Colorado, Hawaii, Washington and Utah).
The southern states had, on average, the lowest median household income, with 9 of the country's fifteen poorest states located in the South. However, nigh of the poverty in the South is located in rural areas. Metropolitan areas such as Atlanta, Nashville, Charlotte, Raleigh, Birmingham, Dallas, Houston, and Miami are areas inside the southern states that have higher up boilerplate income levels. Overall, median household income tended to exist the highest in the nation'southward near urbanized northeastern, upper midwestern and west declension states, while rural areas, generally in the southern and mountain states (like New United mexican states, Montana and Idaho), had the everyman median household income.[54]
As of 2019, the median household income ranged from $xx,474 in Puerto Rico to $92,266 in the District of Columbia. Annotation that the U.S. Census Bureau treats Puerto Rico as if information technology were a state (Puerto Rico is included in the American Community Survey).[55]
All data is from the 2009–2019 American Community Survey 1-Year Estimates.[56] [57] [58] [59] [lx]
| Rank | +/- * | State or territory | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| i | +viii | District of Columbia | $92,266 | $85,203 | $82,336 | $75,506 | $75,628 | $71,648 | $67,572 | $65,246 | $66,583 | $63,124 | $59,290 |
| 2 | −1 | Maryland | $86,738 | $83,242 | $lxxx,776 | $78,945 | $75,847 | $73,971 | $72,483 | $71,836 | $lxx,004 | $68,854 | $69,272 |
| 3 | +3 | Massachusetts | $85,843 | $79,835 | $77,385 | $75,297 | $70,628 | $69,160 | $66,768 | $65,339 | $62,859 | $62,072 | $64,081 |
| iv | −2 | New Jersey | $85,751 | $81,740 | $80,088 | $76,126 | $72,222 | $72,919 | $seventy,165 | $69,667 | $67,458 | $67,681 | $68,342 |
| five | - | Hawaii | $83,102 | $eighty,212 | $77,765 | $74,511 | $73,486 | $69,592 | $68,020 | $66,259 | $61,821 | $63,030 | $64,098 |
| 6 | +four | California | $eighty,440 | $75,277 | $71,805 | $67,739 | $64,500 | $61,933 | $60,190 | $58,328 | $57,287 | $57,708 | $58,931 |
| 7 | −4 | Connecticut | $78,833 | $76,348 | $74,168 | $73,433 | $71,346 | $70,048 | $67,098 | $67,276 | $65,753 | $64,032 | $67,034 |
| viii | +iv | Washington | $78,687 | $74,043 | $70,979 | $67,106 | $64,129 | $61,366 | $58,405 | $57,573 | $56,835 | $55,631 | $56,548 |
| 9 | −two | New Hampshire | $77,933 | $74,991 | $73,381 | $70,936 | $70,303 | $66,532 | $64,230 | $63,280 | $62,647 | $61,042 | $60,567 |
| x | +4 | Colorado | $77,127 | $71,953 | $69,117 | $65,685 | $63,909 | $61,303 | $58,823 | $56,765 | $55,387 | $54,046 | $55,430 |
| 11 | −3 | Virginia | $76,456 | $72,577 | $71,535 | $68,114 | $66,262 | $64,902 | $62,666 | $61,741 | $61,882 | $lx,674 | $59,330 |
| 12 | +three | Utah | $75,780 | $71,414 | $68,358 | $65,977 | $62,912 | $60,922 | $59,770 | $57,049 | $55,869 | $54,744 | $55,117 |
| xiii | −ix | Alaska | $75,463 | $74,346 | $73,181 | $76,440 | $73,355 | $71,583 | $72,237 | $67,712 | $67,825 | $64,576 | $66,953 |
| fourteen | −1 | Minnesota | $74,593 | $70,315 | $68,388 | $65,599 | $63,488 | $61,481 | $sixty,702 | $58,906 | $56,954 | $55,459 | $55,616 |
| 15 | +1 | New York | $72,108 | $67,844 | $64,894 | $62,909 | $60,850 | $58,878 | $57,369 | $56,448 | $55,246 | $54,148 | $54,659 |
| 16 | +i | Rhode Island | $71,169 | $64,340 | $63,870 | $60,596 | $58,073 | $54,891 | $55,902 | $54,554 | $53,636 | $52,254 | $54,119 |
| 17 | −6 | Delaware | $70,176 | $64,805 | $62,852 | $61,757 | $61,255 | $59,716 | $57,846 | $54,554 | $58,814 | $55,847 | $56,860 |
| eighteen | - | Illinois | $69,187 | $65,030 | $62,992 | $sixty,960 | $59,588 | $57,444 | $56,210 | $55,137 | $53,234 | $52,972 | $53,966 |
| 19 | +6 | Oregon | $67,058 | $63,246 | $60,212 | $57,532 | $54,148 | $51,075 | $50,251 | $49,161 | $46,816 | $46,560 | $48,457 |
| twenty | - | Wyoming | $65,003 | $61,584 | $lx,434 | $59,882 | $sixty,214 | $57,055 | $58,752 | $54,901 | $56,322 | $53,512 | $52,664 |
| 21 | +8 | North Dakota | $64,577 | $63,837 | $61,843 | $60,656 | $60,557 | $59,029 | $55,759 | $53,585 | $51,704 | $48,670 | $47,827 |
| 22 | - | Wisconsin | $64,168 | $sixty,773 | $59,305 | $56,811 | $55,638 | $52,622 | $51,467 | $51,059 | $fifty,395 | $49,001 | $49,993 |
| 23 | +4 | Texas | $64,034 | $60,629 | $59,206 | $56,565 | $55,653 | $53,035 | $51,704 | $50,740 | $49,392 | $48,615 | $48,259 |
| 24 | –1 | Pennsylvania | $63,463 | $60,905 | $59,195 | $56,907 | $55,702 | $53,234 | $52,007 | $51,230 | $50,228 | $49,288 | $49,520 |
| 25 | −6 | Nevada | $63,276 | $58,646 | $58,003 | $55,180 | $52,431 | $51,450 | $51,230 | $49,760 | $48,927 | $51,001 | $53,341 |
| 26 | - | Nebraska | $63,229 | $59,566 | $59,970 | $56,927 | $54,996 | $52,686 | $51,440 | $50,723 | $50,296 | $52,504 | $48,408 |
| 27 | −vi | Vermont | $63,001 | $60,782 | $57,513 | $57,677 | $56,990 | $54,166 | $52,578 | $52,997 | $52,776 | $49,406 | $51,618 |
| 28 | +2 | Kansas | $62,087 | $58,218 | $56,422 | $54,935 | $53,906 | $52,504 | $50,972 | $50,241 | $48,264 | $48,257 | $47,817 |
| 29 | −5 | Arizona | $62,055 | $59,246 | $56,581 | $53,558 | $51,492 | $50,068 | $48,510 | $47,826 | $46,709 | $46,789 | $48,745 |
| 30 | +8 | Georgia | $61,980 | $58,756 | $56,183 | $53,559 | $51,244 | $49,321 | $47,829 | $47,209 | $46,007 | $46,430 | $44,736 |
| 31 | −3 | Iowa | $61,691 | $59,955 | $58,570 | $56,247 | $54,736 | $53,712 | $52,229 | $l,957 | $49,427 | $47,961 | $48,044 |
| 32 | +5 | Idaho | $60,999 | $55,583 | $52,225 | $51,807 | $48,275 | $47,861 | $46,783 | $45,489 | $43,341 | $43,490 | $44,926 |
| 33 | +ane | Michigan | $59,584 | $56,697 | $54,909 | $52,492 | $51,084 | $49,847 | $48,273 | $46,859 | $45,981 | $45,413 | $45,255 |
| 34 | +two | South Dakota | $59,533 | $56,274 | $56,894 | $54,467 | $53,017 | $50,979 | $48,947 | $48,362 | $48,321 | $45,904 | $45,043 |
| 35 | +iv | Florida | $59,227 | $55,462 | $52,594 | $l,860 | $49,426 | $47,463 | $46,036 | $45,040 | $44,299 | $44,409 | $44,736 |
| 36 | −5 | Maine | $58,924 | $55,602 | $56,277 | $53,079 | $51,494 | $49,462 | $46,974 | $46,709 | $46,033 | $45,815 | $45,734 |
| 37 | −4 | Ohio | $58,642 | $56,111 | $54,021 | $52,334 | $51,075 | $49,308 | $48,081 | $46,829 | $45,749 | $45,090 | $45,395 |
| 38 | −6 | Indiana | $57,603 | $55,746 | $54,181 | $52,314 | $fifty,532 | $49,446 | $47,529 | $46,974 | $46,438 | $44,613 | $45,424 |
| 39 | −4 | Missouri | $57,409 | $54,478 | $53,578 | $51,746 | $50,238 | $48,363 | $46,931 | $45,321 | $45,247 | $44,301 | $45,229 |
| forty | - | Northward Carolina | $57,341 | $53,855 | $52,752 | $l,584 | $47,830 | $46,556 | $45,906 | $45,150 | $43,916 | $43,326 | $43,674 |
| 41 | +3 | Montana | $57,153 | $55,328 | $53,386 | $50,027 | $49,509 | $46,328 | $46,972 | $45,076 | $44,222 | $42,666 | $42,322 |
| 42 | - | S Carolina | $56,227 | $52,306 | $50,570 | $49,501 | $47,238 | $45,238 | $44,163 | $43,107 | $43,916 | $42,018 | $42,442 |
| 43 | +2 | Tennessee | $56,071 | $52,375 | $51,340 | $48,547 | $47,275 | $44,361 | $44,297 | $42,764 | $41,693 | $41,461 | $41,725 |
| 44 | +2 | Oklahoma | $54,449 | $51,924 | $l,051 | $49,176 | $48,568 | $47,529 | $45,690 | $44,312 | $43,225 | $42,072 | $41,664 |
| 45 | +3 | Kentucky | $52,295 | $50,247 | $48,375 | $46,659 | $44,765 | $42,958 | $43,399 | $41,724 | $41,141 | $forty,062 | $40,072 |
| 46 | −5 | New United mexican states | $51,945 | $47,169 | $46,744 | $46,748 | $45,382 | $44,803 | $43,872 | $42,558 | $41,963 | $42,090 | $43,028 |
| 47 | - | Alabama | $51,734 | $49,861 | $48,123 | $46,257 | $44,765 | $42,830 | $42,849 | $41,574 | $41,415 | $40,474 | $40,489 |
| 48 | −5 | Louisiana | $51,073 | $47,905 | $46,145 | $45,146 | $45,727 | $44,555 | $44,164 | $42,944 | $41,734 | $42,505 | $42,429 |
| 49 | +2 | Arkansas | $48,952 | $47,062 | $45,869 | $45,907 | $42,798 | $44,922 | $39,376 | $39,018 | $41,302 | $38,587 | $36,538 |
| 50 | −1 | West Virginia | $48,850 | $44,097 | $43,469 | $43,385 | $42,019 | $41,059 | $41,253 | $40,196 | $38,482 | $37,218 | $37,435 |
| 51 | −1 | Mississippi | $45,792 | $44,717 | $43,529 | $41,754 | $forty,593 | $39,680 | $37,963 | $37,095 | $36,919 | $36,851 | $36,646 |
| 52 | — | Puerto Rico | $20,474 | $20,296 | $19,775 | $twenty,078 | $xviii,810 | $xviii,948 | $nineteen,183 | $19,630 | — | — | — |
*alter since 2009
The median personal income per person, after adjusting for costs of living with local regional cost parities and the national PCE price index, averaged $47,807 in 2016 (in 2012 chained dollars). Median adapted personal income per capita varied from $39,901 in Mississippi to $61,601 in Connecticut (and $64,363 in the District of Columbia). United states of america closest to the national average were California and Vermont, at $48,384 and $47,971 respectively.[61]
Median household income past U.South. territory [edit]
Below is the median household income for the U.Due south. territories in 2010 (for 4 of the v inhabited territories).[62] Note that Puerto Rico is non included in this table, and is instead included in the table above (considering Puerto Rico is included in the ACS, as if it were a country).
| Rank | Territory | 2010 U.S. Census |
|---|---|---|
| ane | Guam | $48,274 |
| two | U.S. Virgin Islands | $37,254 |
| iii | American Samoa | $23,892 |
| 4 | Northern Mariana Islands | $19,958 |
[edit]
Household income is one of the virtually commonly used measures of income and, therefore, also i of the virtually prominent indicators of social class. Household income and education practise not, nonetheless, e'er reflect perceived class status correctly. Sociologist Dennis Gilbert acknowledges that "... the class structure... does non exactly match the distribution of household income" with "the mismatch [being] greatest in the middle..." (Gilbert, 1998: 92) As social classes commonly overlap, information technology is not possible to define exact class boundaries.
According to Leonard Beeghley[ commendation needed ] a household income of roughly $95,000 would be typical of a dual-earner middle grade household while $lx,000 would be typical of a dual-earner working class household and $eighteen,000 typical for an impoverished household. William Thompson and Joseph Hickey[ citation needed ] see common incomes for the upper class as those exceeding $500,000 with upper center class incomes ranging from the high v-figures to nigh commonly in excess of $100,000. They merits the lower middle class ranges from $35,000 to $75,000; $sixteen,000 to $thirty,000 for the working class and less than $2,000 for the lower class.
| Dennis Gilbert, 2002 | William Thompson & Joseph Hickey, 2005 | Leonard Beeghley, 2004 | |||
|---|---|---|---|---|---|
| Class | Typical characteristics | Class | Typical characteristics | Class | Typical characteristics |
| Backer class (i%) | Top-level executives, high-rung politicians, heirs. Ivy League pedagogy common. | Upper class (1%) | Elevation-level executives, celebrities, heirs; income of $500,000+ common. Ivy league education common. | The super-rich (0.9%) | Multi-millionaires whose incomes commonly exceed $3.5 million or more; includes celebrities and powerful executives/politicians. Ivy League didactics mutual. |
| Upper middle course[one] (15%) | Highly-educated (ofttimes with graduate degrees), almost ordinarily salaried, professionals and center management with large work autonomy. | Upper middle class[i] (15%) | Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the high 5-figure range to unremarkably above $100,000. | The rich (5%) | Households with net worth of $1 one thousand thousand or more; largely in the grade of home disinterestedness. Generally have college degrees. |
| Middle grade (plurality/ majority?; ca. 46%) | College-educated workers with considerably higher-than-average incomes and bounty; a man making $57,000 and a adult female making $40,000 may be typical. | ||||
| Lower eye class (thirty%) | Semi-professionals and craftsmen with a roughly boilerplate standard of living. About take some college education and are white-collar. | Lower eye grade (32%) | Semi-professionals and craftsmen with some work autonomy; household incomes commonly range from $35,000 to $75,000. Typically, some college education. | ||
| Working course (30%) | Clerical and most blue-collar workers whose work is highly routinized. Standard of living varies depending on number of income earners, simply is commonly just acceptable. Loftier schoolhouse educational activity. | ||||
| Working class (32%) | Clerical, pink- and blue-collar workers with often low chore security; mutual household incomes range from $16,000 to $30,000. High school instruction. | Working course (ca. twoscore–45%) | Blue-collar workers and those whose jobs are highly routinized with low economic security; a human being making $xl,000 and a woman making $26,000 may be typical. High schoolhouse education. | ||
| Working poor (13%) | Service, depression-rung clerical and some blue-collar workers. High economical insecurity and chance of poverty. Some high school education. | ||||
| Lower course (ca. 14–20%) | Those who occupy poorly-paid positions or rely on government transfers. Some high school teaching. | ||||
| Underclass (12%) | Those with limited or no participation in the labor force. Reliant on government transfers. Some high schoolhouse education. | The poor (ca. 12%) | Those living below the poverty line with limited to no participation in the labor forcefulness; a household income of $18,000 may be typical. Some high school didactics. | ||
| |||||
Distribution of household income [edit]
Distribution of household income in 2014 co-ordinate to US Census data [edit]
Percentage of persons and households in each of the income groups shown.[ commendation needed ]
The percent of households with six effigy incomes and individuals with incomes in the top 10%, exceeding $77,500.[ citation needed ]
| Income of Household | Number (thousands) [63] | Percentage | Percentile | Mean Income [63] | Mean number of earners [64] | Mean size of household [64] |
|---|---|---|---|---|---|---|
| Full | 124,587 | — | — | $75,738 | one.28 | 2.54 |
| Under $v,000 | 4571 | 3.67% | 0 | $ane,080 | 0.20 | ane.91 |
| $5,000 to $9,999 | 4320 | 3.47% | 3.67th | $vii,936 | 0.34 | 1.78 |
| $10,000 to $14,999 | 6766 | v.43% | 7.14th | $12,317 | 0.39 | one.71 |
| $xv,000 to $nineteen,999 | 6779 | 5.44% | 12.57th | $17,338 | 0.54 | 1.90 |
| $20,000 to $24,999 | 6865 | 5.51% | xviii.01th | $22,162 | 0.73 | 2.07 |
| $25,000 to $29,999 | 6363 | 5.11% | 23.52th | $27,101 | 0.82 | two.19 |
| $30,000 to $34,999 | 6232 | 5.00% | 28.63th | $32,058 | 0.94 | 2.27 |
| $35,000 to $39,999 | 5857 | 4.lxx% | 33.63th | $37,061 | ane.04 | 2.31 |
| $40,000 to $44,999 | 5430 | 4.36% | 38.33th | $41,979 | i.15 | ii.40 |
| $45,000 to $49,999 | 5060 | 4.06% | 42.69th | $47,207 | 1.24 | 2.52 |
| $fifty,000 to $54,999 | 5084 | 4.08% | 46.75th | $51,986 | 1.32 | ii.54 |
| $55,000 to $59,999 | 4220 | 3.39% | 50.83th | $57,065 | 1.41 | two.56 |
| $60,000 to $64,999 | 4477 | 3.59% | 54.22th | $62,016 | i.46 | ii.64 |
| $65,000 to $69,999 | 3709 | two.98% | 57.81st | $67,081 | 1.51 | 2.67 |
| $70,000 to $74,999 | 3737 | iii.00% | 60.79th | $72,050 | ane.57 | 2.73 |
| $75,000 to $79,999 | 3484 | 2.80% | 63.79th | $77,023 | one.threescore | 2.79 |
| $80,000 to $84,999 | 3142 | ii.52% | 66.58th | $81,966 | ane.63 | 2.79 |
| $85,000 to $89,999 | 2750 | 2.21% | 69.11th | $87,101 | 1.77 | 2.90 |
| $90,000 to $94,999 | 2665 | 2.xiv% | 71.31th | $92,033 | 1.82 | 2.96 |
| $95,000 to $99,999 | 2339 | 1.88% | 73.45th | $97,161 | 1.81 | 2.97 |
| $100,000 to $104,999 | 2679 | 2.xv% | 75.33th | $101,921 | 1.79 | 3.01 |
| $105,000 to $109,999 | 2070 | i.66% | 77.48th | $107,187 | ane.88 | 3.01 |
| $110,000 to $114,999 | 1922 | one.54% | 79.14th | $112,069 | 1.93 | 3.12 |
| $115,000 to $119,999 | 1623 | 1.thirty% | eighty.68th | $117,133 | 1.98 | 3.14 |
| $120,000 to $124,999 | 1863 | 1.l% | 81.99th | $122,127 | i.93 | 3.09 |
| $125,000 to $129,999 | 1452 | 1.17% | 83.48th | $127,166 | 1.99 | 3.12 |
| $130,000 to $134,999 | 1512 | one.21% | 84.65th | $131,863 | 2.00 | 3.xviii |
| $135,000 to $139,999 | 1219 | 0.98% | 85.86th | $137,284 | ane.98 | 3.11 |
| $140,000 to $144,999 | 1290 | i.04% | 86.84th | $142,199 | 1.97 | 3.03 |
| $145,000 to $149,999 | 1024 | 0.82% | 87.87th | $147,130 | 2.01 | 3.11 |
| $150,000 to $154,999 | 1146 | 0.92% | 88.70th | $151,940 | ane.85 | 3.12 |
| $155,000 to $159,999 | 848 | 0.68% | 89.62th | $157,177 | 2.08 | three.15 |
| $160,000 to $164,999 | 875 | 0.lxx% | 90.30th | $162,019 | two.02 | 3.13 |
| $165,000 to $169,999 | 786 | 0.63% | 91.00th | $167,101 | 2.10 | 3.16 |
| $170,000 to $174,999 | 717 | 0.58% | 91.63th | $172,169 | two.17 | 3.21 |
| $175,000 to $179,999 | 607 | 0.49% | 92.21th | $177,187 | 2.nineteen | 3.28 |
| $180,000 to $184,999 | 619 | 0.50% | 92.69th | $182,055 | 2.03 | three.xix |
| $185,000 to $189,999 | 556 | 0.45% | 93.19th | $187,299 | 2.03 | 3.twenty |
| $190,000 to $194,999 | 485 | 0.39% | 93.64th | $192,241 | ii.19 | 3.29 |
| $195,000 to $199,999 | 436 | 0.35% | 94.03th | $197,211 | 2.23 | three.27 |
| $200,000 to $249,999 | 3249 | 2.61% | 94.38th | $220,267 | 2.08 | 3.24 |
| $250,000 and over | 3757 | iii.02% | 96.98th | $402,476 |
Encounter also [edit]
- List of countries by average wage
- Income inequality in the United States
- Economy of the United States
- Personal income in the United States
- Employee bounty in the Usa
- Standard of living in the U.s.a.
General:
- Income inequality metrics
- Atkinson alphabetize
- Gini coefficient
- Hoover index
- Theil alphabetize
- International Ranking of Household Income
- Wedlock gap
- Median income per household member
References [edit]
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External links [edit]
- Income, Poverty, and Wellness Insurance Coverage in the United States: 2003
- Reynolds, Alan (January eight, 2007). "Has U.S. Income Inequality Actually Increased?". Policy Analysis. Cato Institute (586).
- U.S. Census Agency'south spider web-site for income statistics
- NPR.org statistics and background on income inequality in the U.s.
- Datasets past U.S. State of low income, very low income, extremely low income limits
Source: https://en.wikipedia.org/wiki/Household_income_in_the_United_States
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