What Is the Average Income for a Family in the United States
| Parts of this article (those related to documentation) need to be updated. (September 2020) |
Household income is an economic standard that tin can exist applied to one household, or aggregated across a large group such every bit a county, city, or the whole country. It is commonly used past the U.s. government and individual institutions to describe a household'south economic status or to track economical trends in the U.s..
A key measure of household income is the median income, at which half of households have income higher up that level and half beneath. The U.South. Census Bureau reports 2 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.[ii] : 19 [three] : 10 According to the CPS, the median household income was $63,179 in 2018.[two] [iv] According to the ACS, the U.South. median household income in 2018 was $61,937.[3] Estimates for previous years are given in terms of existent income, which have been adjusted for changes to the price of goods and services.
The distribution of U.S. household income has get more than unequal since around 1980, with the income share received by the top 1% trending upward from effectually x% or less over the 1953–1981 menstruum to over twenty% by 2007.[5] After falling somewhat due to the Peachy Recession in 2008 and 2009, inequality rose again during the economic recovery, a typical pattern historically.[6] [7]
Definition [edit]
A household's income can exist calculated in various ways merely the US Census every bit of 2009 measured information technology in the following manner: 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, investment, or other recurring sources of income, besides equally any kind of governmental entitlement such as unemployment insurance, social security, disability payments or child back up payments received.[8]
The residents of the household exercise not have to be related to the head of the household for their earnings to exist considered part of the household'due south income.[9] As households tend to share a similar economic context, the utilize of household income remains among the most widely accepted measures of income. That the size of a household is not ordinarily taken into account in such measures may distort any analysis of fluctuations within or among the household income categories, and may render direct comparisons betwixt quintiles difficult or even incommunicable.[10] The Usa Census does not include noncash benefits such as health benefits.[11]
Recent trends [edit]
The Current Population Survey of the U.S. Census Bureau reported in September 2017 that real median household income was $59,039 in 2016, exceeding any previous year. This was the fourth sequent yr with a statistically pregnant increment by their measure.[fourteen]
Changes in median income reverberate several trends: the crumbling of the population, changing patterns in work and schooling, and the evolving makeup of the American family, every bit well as long- and curt-term trends in the economy itself. For instance, the retirement of the Babe Boom generation should push downwards overall median income, as more persons enter lower-income retirement. However, analysis of different working historic period groups indicate a like blueprint of stagnating median income besides.[15]
Announcer Annie Lowrey wrote in September 2014: "The root causes [of wage stagnation] include technological change, the decline of labor unions, and globalization, economists retrieve, though they disagree sharply on how much to weight each factor. Only foreign-produced goods became sharply cheaper, significant imports climbed and product moved overseas. And computers took over for humans in many manufacturing, clerical, and administrative tasks, eroding centre-form jobs growth and suppressing wages."[sixteen]
Another line of assay, known equally "full compensation," presents a more than complete picture of real wages. The Kaiser Family Foundation conducted a written report 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 compensation and its component wages and salaries have been failing since 1970. This indicates a shift in income from labor (persons who derive income from hourly wages and salaries) to capital (persons who derive income via buying of businesses, state and assets). This tendency is mutual across the developed world, due in part to globalization.[18] Wages and salaries have fallen from approximately 51% GDP in 1970 to 43% Gdp 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 beneath, household income has notwithstanding increased significantly since the late 1970s and early 80s in existent terms, partly due to higher individual median wages, and partly due to increased employment of women.
According to the CBO, between 1979 and 2011, gross median household income, adjusted for inflation, rose from $59,400 to $75,200, or 26.v%.[20] Even so, once adjusted for household size and looking at taxes from an afterwards-taxation perspective, real median household income grew 46%, representing pregnant growth.[21]
The post-obit table summarizes real median household income at central recent milestones:
Variable | 1999 Previous Record | 2007 Pre-Crunch Pinnacle | 2012 Post-Crisis Trough | 2016 Previous Record | 2017 Previous Record | 2018 Record |
---|---|---|---|---|---|---|
Real median household income[22] | $61,526 | $sixty,985 | $55,900 | $61,779 | $62,626 | $63,179 |
Uses [edit]
Utilise of individual household income: The government and organizations may look at one particular household's income to decide if a person is eligible for certain programs, such as diet assistance [23] or need-based financial assistance,[24] amid many others.
Use at the aggregate level: Summaries of household incomes beyond groups of people – frequently the entire country – are also studied every bit role of economic trends like standard of living and distribution of income and wealth. Household income as an economical measure out tin be represented as a median, a hateful, a distribution, and other ways. Household income tin can be studied across fourth dimension, region, education level, race/ethnicity, and many other dimensions. Every bit an indicator of economical trends, information technology may be studied forth with related economic measures such as disposable 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 ("existent") household income generally increases and decreases with the business organization wheel, 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 Us, meaning households living on less than $two per person per day earlier government benefits, more than doubled in absolute terms from 636,000 to one.46 million households (including ii.viii 1000000 children) between 1996 and 2011, with nearly of this increase occurring between late 2008 and early 2011.[25]
CBO income growth study [edit]
The nonpartisan Congressional Budget Office conducted a study analyzing household income throughout the income distribution, by combining the Census and IRS income data sources. Unlike the Census measure of household income, the CBO showed income earlier and after taxes, and by likewise taking into business relationship household size.[26] Too, the CBO definition of income is much broader, and includes in kind transfers as well as all budgetary transfers from the government.[26] The Census' official definition of coin income excludes nutrient stamps and the EITC, for example, while CBO includes it.
Betwixt 1979 and 2011, gross median household income, adjusted for aggrandizement, rose from $59,400 to $75,200, or 26.five%. This compares with the Demography' growth of ten%.[20] However, in one case adjusted for household size and looking at taxes from an after-tax perspective, existent median household income grew 46%, representing significant growth.[21]
While median gross household income showed much stronger growth than depicted by the Census, inequality was shown to all the same have increased. The top 10% saw gross household income grow by 78%, versus 26.5% for the median. The bottom 10%, using the same measure, saw higher growth than the median (40%).[21]
Since 1980, U.S. gross domestic product (GDP) per capita has increased 67%,[28] while median household income has simply increased by 15%. Median household income is a politically sensitive indicator. Voters can be critical of their authorities if they perceive that their toll of living is ascent faster than their income.
The early on-2000s recession began with the bursting of the dot-com bubble and affected about advanced economies including the European Matrimony, Japan and the United states. An economic recession will ordinarily cause household incomes to decrease, frequently past as much equally 10%.
The belatedly-2000s recession began with the bursting of the U.S. housing chimera, which caused a problem in the dangerously exposed sub prime number-mortgage marketplace. This in plough triggered a global financial crunch. In constant cost, 2011 American median household income was 1.thirteen% lower than what it was in 1989. This corresponds to a 0.05% almanac decrease over a 22-year period.[29] In the meantime, Gross domestic product per capita has increased by 33.eight% or 1.33% annually.[thirty]
A report on The states Census income data claims that when using the national accounting methodology, U.S. gross median household income was $57,739 in 2010 (table 3).[31]
In 2015, the U.s. median household income spiked v.2 per cent, reaching $56,000, making it the outset annual hike in median household income since the start of the Great Recession.[32]
Mean household income [edit]
Another mutual measurement of personal income is the mean household income. Different the median household income, which divides all households in two halves, the mean income is the average income earned by American households. In the instance of hateful income, the income of all households is divided by the number of all households.[33] The mean income is more affected by the relatively unequal distribution of income which tilts towards the elevation.[34] As a result, the mean will be higher than the median income, with the summit earning households boosting it. Overall, the mean household income in the U.s.a., co-ordinate to the U.s. Census Agency 2014 Annual Social and Economic Supplement, was $72,641.[35]
The U.s. Census Bureau also provides a breakdown by self-identified ethnic groups every bit follows (as of March 2018):
Indigenous category | Mean household income |
---|---|
Asian alone | $112,105 |
White alone | $99,632 |
Hispanic or Latino | $60,319 |
Black | $63,985 |
Mean vs. median household income [edit]
Median income is the corporeality which divides the income distribution into two equal groups, one-half having income above that amount, and half having income below that amount. Hateful income (average) is the corporeality obtained past dividing the total aggregate income of a grouping 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 15 years old and over with income.
—US Demography Agency, Ofttimes Asked Question, published by Outset Gov.[33]
Aggregate income distribution [edit]
| This section needs to be updated. (August 2018) |
The aggregate income measures the combined income earned past all persons in a particular income group. In 2018, the full personal income earned in the United States was $17.6 trillion.[36] In 2008, all households in the U.s. earned roughly $12,442.ii billion.[36] One half, 49.98%, of all income in the Us was earned past households with an income over $100,000, the top 20 per centum. Over 1 quarter, 28.5%, of all income was earned by the tiptop eight%, those households earning more $150,000 a year. The acme 3.65%, with incomes over $200,000, earned 17.5%. Households with annual incomes from $50,000 to $75,000, 18.2% of households, earned sixteen.5% of all income. Households with almanac incomes from $l,000 to $95,000, 28.ane% of households, earned 28.viii% of all income. The bottom ten.three% earned 1.06% of all income.[ citation needed ]
Household income and demographics [edit]
Racial and indigenous groups [edit]
in 2005
White Americans made up roughly 75.1% of all people in 2000,[37] 87.93% of all households in the meridian 5% were headed by a person who identified as being White alone. Only 4.75% of all household in the elevation five% were headed by someone who identified as Hispanic or Latino of any race,[38] versus 12.v% of persons identifying themselves as Hispanic or Latino in the general population.[37]
Overall, 86.01% of all households in the tiptop two quintiles with upper-middle range incomes of over $55,332 were headed by someone identifying as White lone, while 7.21% were beingness headed by someone who identified every bit Hispanic and vii.37% by someone who identified as African American or Black.[38] Overall, households headed by Hispanics and African Americans were underrepresented in the peak two quintiles and overrepresented in the bottom two quintiles. Households headed by people who identified every bit being Asian lonely were also overrepresented among the top two quintiles. In the meridian five percent the percentage of Asians was about twice as high every bit the percent of Asians among the full general population. Whites were relatively even distributed throughout the quintiles only being underrepresented in the lowest quintile and slightly overrepresented in the top 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 group | All households | Lowest 5th | 2nd fifth | Heart fifth | Fourth fifth | Highest fifth | Tiptop 5% | |
---|---|---|---|---|---|---|---|---|
White solitary | Number in 1000s | 92,702 | 16,940 | 18,424 | 18,978 | nineteen,215 | 19,721 | 5,029 |
Percentage | 81.93% | 74.87% | 81.42% | 83.87% | 84.92% | 87.16% | 87.93% | |
Asian alone | Number in 1000s | 4,140 | 624 | 593 | 786 | 871 | 1,265 | 366 |
Percentage | 3.65% | 2.76% | two.26% | 3.47% | 3.84% | five.59% | 6.46% | |
Black | Number in 1000s | 13,792 | 4,474 | iii,339 | 2,637 | two,053 | 1,287 | 236 |
Percentage | 12.xix% | xix.77% | fourteen.75% | 11.65% | ix.07% | 5.69% | 4.17% | |
Hispanic or Latino (of whatsoever race) | Number in 1000s | 12,838 | 3,023 | 3,130 | 2,863 | 1,931 | one,204 | 269 |
Percentage | 11.33% | 13.56% | xiii.83% | 12.20% | viii.53% | 5.89% | iv.75% |
Source: US Census Bureau, 2004 [38]
Instruction and gender [edit]
Household income likewise every bit per capita income in the The states rise significantly as the educational attainment increases.[41] In 2005 graduates with a Master'southward in Concern Administration (MBA) who accepted job offers were expected to earn a base salary of $88,626. They were also expected to receive an "boilerplate signing bonus of $17,428."[42]
According to the US Census Agency persons with doctorates in the Us had an average income of roughly $81,400. The average for an advanced degree was $72,824, with men averaging $90,761 and women averaging $50,756 annually. Year-round total-time workers with a professional degree had an average income of $109,600 while those with a main's degree had an boilerplate income of $62,300. Overall, "…[a]verage earnings ranged from $18,900 for loftier school dropouts to $25,900 for loftier school graduates, $45,400 for college graduates and $99,300 for workers with professional degrees (M.D., O.D., D.P.T., D.P.1000., D.O., J.D., Pharm.D., D.D.Southward., or D.V.M.)."[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] Higher educational attainment did not, however, help close the income gap betwixt the genders as the life-time earnings for a male with a professional degree were roughly xl percentage (39.59%) higher than those of a female with a professional degree. The lifetime earnings gap between males and females was the smallest for those individuals holding an acquaintance degrees with male life-fourth dimension earnings beingness 27.77% higher than those of females. While educational attainment did non help reduce the income inequality betwixt men and women, it did increase the earnings potential of individuals of both sexes, enabling many households with one or more graduate degree householders to enter the top household income quintile.[43] These data were not adapted for preferential differences among men and women whom attend college.
Household income besides increased significantly with the educational attainment of the householder. The U.s.a. Census Bureau publishes educational attainment and income data for all households with a householder who was aged 20-v or older. The biggest income departure was between those with some college education and those who had a Available'south degree, with the latter making $23,874 more than annually. Income likewise increased substantially with increased postal service-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 college was $73,446. Those with doctorates had the 2d highest median household with a median of $96,830; $18,289 more than than that for those at the master'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 | Acquaintance degree | Bachelor's caste | Bachelor's degree or more | Master's degree | Professional degree | Doctoral caste | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Median annual individual income | Male, age 25+ | $33,517 | $fifteen,461 | $18,990 | $28,763 | $35,073 | $39,015 | $50,916 | $55,751 | $61,698 | $88,530 | $73,853 |
Female, age 25+ | $nineteen,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 | $30,100 | $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 too varied greatly with educational attainment. The following tabular array shows the median household income according to the educational attainment of the householder. All data is in 2003 dollars and but applies to householders whose householder is aged twenty-five or older. The highest and lowest points of the median household income are presented in bold confront.[forty] [46] Since 2003, median income has continued to rising for the nation every bit a whole, with the biggest gains going to those with associate degrees, bachelor's degree or more, and master'south degrees. High-school dropouts fared worse with negative growth.
Yr | Overall Median | Less than ninth grade | Some loftier school | High school graduate | Some college | Associate caste | Bachelor's degree | Bachelor's degree or more than | Primary's caste | Professional person degree | Doctoral degree |
---|---|---|---|---|---|---|---|---|---|---|---|
1991 | $forty,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 | $nineteen,008 | $23,977 | $39,322 | $48,588 | $54,282 | $seventy,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 | $eighteen,787 | $22,718 | $36,835 | $45,854 | $56,970 | $68,728 | $73,446 | $78,541 | $100,000 | $96,830 |
Average | $43,376 | $18,183 | $23,013 | $37,620 | $46,109 | $51,934 | $66,997 | $72,376 | $78,094 | $104,368 | $94,487 |
Source: US Demography Bureau, 2003 [40]
Age of householder [edit]
Household income in the Us varies substantially with the historic period of the person who heads the household. Overall, the median household income increased with the historic period of householder until retirement age when household income started to turn down.[48] The highest median household income was found among households headed past working baby-boomers.[48]
Households headed by 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 member of household for this particular group was $27,924. The highest median income per member of household was among those betwixt the ages of 54 and 64 with $30,544 [The reason this figure is lower than the adjacent group is because pensions and Social Security add to income while a portion of older individuals also have piece of work-related income.].[48]
The group 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 group between 55 and 64 with $fifty,400. Not surprisingly the lowest income group was composed of those households headed by individuals younger than 24, followed past those headed by persons over the age of 75. Overall, households headed by persons above the age of 70-five had a median household income of $20,467 with the median household income per member of household existence $eighteen,645. These figures back up the general assumption that median household income equally well as the median income per member of household peaked among those households headed by middle 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 up to four persons per household, it declines for households beyond iv persons. For case, 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 v-person households, $45,435 for six-person households, with vii-or-more-person households having the second lowest median income of only $42,471.[49]
Geography [edit]
Considering other racial and geographical differences in regards to household income, it should come as 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 Us as of the US Census Bureau 2009 is Maryland with $69,272, followed past New Bailiwick of jersey, Connecticut and Alaska, making the Northeastern United States the wealthiest area by income in the entire country.[50]
Regionally, in 2010, the Northeast reached a median income of $53,283, the Westward, $53,142, the South, $45,492, and the Midwest, $48,445.[51] Each figure represents a decline from the previous year.
Median household income past state [edit]
In 2007, the median household income by state ranged from $36,338 in Mississippi to $68,080 in Maryland. Despite having the highest median dwelling house toll in the nation[52] and habitation prices that far outpaced incomes,[53] California ranked only eighth in income that year, with a median household income of $59,984. While California'southward median income was not near enough to afford the average California abode or fifty-fifty a starter habitation, West Virginia, which had one of the nation's lowest median household incomes, also had the nation's everyman median home price.[52] [54]
When grouped by Census Agency Region, of the 15 states that, in 2017, had the highest median household income, simply Minnesota is located in the Mid-Due west. Five are in the Northeast (Connecticut, Massachusetts, New Hampshire, New Bailiwick of jersey and Rhode Island), three are South Atlantic states (Washington D.C., Maryland and Virginia) while the remaining 6 are in the West (Alaska, California, Colorado, Hawaii, Washington and Utah).
The southern states had, on boilerplate, the lowest median household income, with ix of the country'due south fifteen poorest states located in the South. However, well-nigh of the poverty in the S is located in rural areas. Metropolitan areas such every bit Atlanta, Nashville, Charlotte, Raleigh, Birmingham, Dallas, Houston, and Miami are areas within the southern states that have above average income levels. Overall, median household income tended to be the highest in the nation'due south most urbanized northeastern, upper midwestern and west coast states, while rural areas, mostly in the southern and mountain states (like New Mexico, Montana and Idaho), had the everyman median household income.[54]
Equally of 2019, the median household income ranged from $twenty,474 in Puerto Rico to $92,266 in the Commune of Columbia. Notation that the U.S. Demography Bureau treats Puerto Rico as if it 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] [60]
Rank | +/- * | State or territory | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | +8 | Commune 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 | $70,004 | $68,854 | $69,272 |
3 | +3 | Massachusetts | $85,843 | $79,835 | $77,385 | $75,297 | $lxx,628 | $69,160 | $66,768 | $65,339 | $62,859 | $62,072 | $64,081 |
four | −2 | New Jersey | $85,751 | $81,740 | $80,088 | $76,126 | $72,222 | $72,919 | $lxx,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 | +4 | California | $fourscore,440 | $75,277 | $71,805 | $67,739 | $64,500 | $61,933 | $threescore,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 |
eight | +4 | Washington | $78,687 | $74,043 | $seventy,979 | $67,106 | $64,129 | $61,366 | $58,405 | $57,573 | $56,835 | $55,631 | $56,548 |
9 | −2 | New Hampshire | $77,933 | $74,991 | $73,381 | $70,936 | $seventy,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 | −iii | Virginia | $76,456 | $72,577 | $71,535 | $68,114 | $66,262 | $64,902 | $62,666 | $61,741 | $61,882 | $threescore,674 | $59,330 |
12 | +3 | Utah | $75,780 | $71,414 | $68,358 | $65,977 | $62,912 | $60,922 | $59,770 | $57,049 | $55,869 | $54,744 | $55,117 |
13 | −9 | Alaska | $75,463 | $74,346 | $73,181 | $76,440 | $73,355 | $71,583 | $72,237 | $67,712 | $67,825 | $64,576 | $66,953 |
xiv | −1 | Minnesota | $74,593 | $70,315 | $68,388 | $65,599 | $63,488 | $61,481 | $60,702 | $58,906 | $56,954 | $55,459 | $55,616 |
xv | +1 | New York | $72,108 | $67,844 | $64,894 | $62,909 | $threescore,850 | $58,878 | $57,369 | $56,448 | $55,246 | $54,148 | $54,659 |
16 | +1 | 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 | −half-dozen | Delaware | $70,176 | $64,805 | $62,852 | $61,757 | $61,255 | $59,716 | $57,846 | $54,554 | $58,814 | $55,847 | $56,860 |
18 | - | Illinois | $69,187 | $65,030 | $62,992 | $60,960 | $59,588 | $57,444 | $56,210 | $55,137 | $53,234 | $52,972 | $53,966 |
19 | +half-dozen | Oregon | $67,058 | $63,246 | $60,212 | $57,532 | $54,148 | $51,075 | $50,251 | $49,161 | $46,816 | $46,560 | $48,457 |
xx | - | Wyoming | $65,003 | $61,584 | $threescore,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 | $sixty,557 | $59,029 | $55,759 | $53,585 | $51,704 | $48,670 | $47,827 |
22 | - | Wisconsin | $64,168 | $60,773 | $59,305 | $56,811 | $55,638 | $52,622 | $51,467 | $51,059 | $50,395 | $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 | $fifty,723 | $50,296 | $52,504 | $48,408 |
27 | −half-dozen | 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 | $l,972 | $50,241 | $48,264 | $48,257 | $47,817 |
29 | −5 | Arizona | $62,055 | $59,246 | $56,581 | $53,558 | $51,492 | $l,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 | $50,957 | $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 | +i | 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 | $l,979 | $48,947 | $48,362 | $48,321 | $45,904 | $45,043 |
35 | +four | Florida | $59,227 | $55,462 | $52,594 | $50,860 | $49,426 | $47,463 | $46,036 | $45,040 | $44,299 | $44,409 | $44,736 |
36 | −five | 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 | −iv | Missouri | $57,409 | $54,478 | $53,578 | $51,746 | $50,238 | $48,363 | $46,931 | $45,321 | $45,247 | $44,301 | $45,229 |
twoscore | - | Northward Carolina | $57,341 | $53,855 | $52,752 | $50,584 | $47,830 | $46,556 | $45,906 | $45,150 | $43,916 | $43,326 | $43,674 |
41 | +3 | Montana | $57,153 | $55,328 | $53,386 | $fifty,027 | $49,509 | $46,328 | $46,972 | $45,076 | $44,222 | $42,666 | $42,322 |
42 | - | South Carolina | $56,227 | $52,306 | $fifty,570 | $49,501 | $47,238 | $45,238 | $44,163 | $43,107 | $43,916 | $42,018 | $42,442 |
43 | +two | Tennessee | $56,071 | $52,375 | $51,340 | $48,547 | $47,275 | $44,361 | $44,297 | $42,764 | $41,693 | $41,461 | $41,725 |
44 | +ii | 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 | $xl,062 | $xl,072 |
46 | −5 | New Mexico | $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 | $xl,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 | +two | 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 | Westward Virginia | $48,850 | $44,097 | $43,469 | $43,385 | $42,019 | $41,059 | $41,253 | $twoscore,196 | $38,482 | $37,218 | $37,435 |
51 | −1 | Mississippi | $45,792 | $44,717 | $43,529 | $41,754 | $40,593 | $39,680 | $37,963 | $37,095 | $36,919 | $36,851 | $36,646 |
52 | — | Puerto Rico | $20,474 | $xx,296 | $xix,775 | $20,078 | $eighteen,810 | $18,948 | $19,183 | $nineteen,630 | — | — | — |
*alter since 2009
The median personal income per person, after adjusting for costs of living with local regional price parities and the national PCE price alphabetize, averaged $47,807 in 2016 (in 2012 chained dollars). Median adjusted personal income per capita varied from $39,901 in Mississippi to $61,601 in Connecticut (and $64,363 in the District of Columbia). The states closest to the national average were California and Vermont, at $48,384 and $47,971 respectively.[61]
Median household income by U.S. territory [edit]
Beneath is the median household income for the U.S. territories in 2010 (for four of the 5 inhabited territories).[62] Notation that Puerto Rico is not included in this table, and is instead included in the table in a higher place (because Puerto Rico is included in the ACS, as if information technology were a state).
Rank | Territory | 2010 U.S. Census |
---|---|---|
1 | Guam | $48,274 |
ii | U.S. Virgin Islands | $37,254 |
iii | American Samoa | $23,892 |
4 | Northern Mariana Islands | $19,958 |
[edit]
Household income is i of the virtually ordinarily used measures of income and, therefore, too one of the most prominent indicators of social class. Household income and educational activity do not, nonetheless, always reflect perceived class status correctly. Sociologist Dennis Gilbert acknowledges that "... the class construction... does not exactly match the distribution of household income" with "the mismatch [beingness] greatest in the center..." (Gilbert, 1998: 92) Every bit social classes unremarkably overlap, information technology is not possible to define exact class boundaries.
Co-ordinate to Leonard Beeghley[ citation needed ] a household income of roughly $95,000 would be typical of a dual-earner middle class household while $60,000 would exist typical of a dual-earner working form household and $xviii,000 typical for an impoverished household. William Thompson and Joseph Hickey[ commendation needed ] see common incomes for the upper class as those exceeding $500,000 with upper heart form incomes ranging from the loftier 5-figures to most commonly in excess of $100,000. They claim the lower heart class ranges from $35,000 to $75,000; $16,000 to $30,000 for the working class and less than $two,000 for the lower class.
Dennis Gilbert, 2002 | William Thompson & Joseph Hickey, 2005 | Leonard Beeghley, 2004 | |||
---|---|---|---|---|---|
Form | Typical characteristics | Form | Typical characteristics | Course | Typical characteristics |
Backer class (ane%) | Peak-level executives, high-rung politicians, heirs. Ivy League educational activity common. | Upper class (1%) | Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league education mutual. | The super-rich (0.9%) | Multi-millionaires whose incomes normally exceed $iii.v 1000000 or more; includes celebrities and powerful executives/politicians. Ivy League instruction common. |
Upper centre course[1] (15%) | Highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with big piece of work autonomy. | Upper middle form[1] (15%) | Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the loftier five-figure range to commonly above $100,000. | The rich (5%) | Households with net worth of $1 million or more; largely in the form of home equity. Generally have college degrees. |
Middle class (plurality/ majority?; ca. 46%) | College-educated workers with considerably college-than-average incomes and compensation; a man making $57,000 and a woman making $40,000 may be typical. | ||||
Lower eye class (30%) | Semi-professionals and craftsmen with a roughly boilerplate standard of living. Most have some college instruction and are white-neckband. | Lower centre grade (32%) | Semi-professionals and craftsmen with some work autonomy; household incomes ordinarily range from $35,000 to $75,000. Typically, some college educational activity. | ||
Working form (30%) | Clerical and about blue-collar workers whose work is highly routinized. Standard of living varies depending on number of income earners, but is commonly just adequate. Loftier school education. | ||||
Working course (32%) | Clerical, pink- and blue-collar workers with frequently low job security; mutual household incomes range from $16,000 to $xxx,000. High school didactics. | Working class (ca. 40–45%) | Blue-collar workers and those whose jobs are highly routinized with low economical security; a homo making $40,000 and a woman making $26,000 may be typical. High school education. | ||
Working poor (13%) | Service, depression-rung clerical and some blueish-collar workers. High economic insecurity and gamble of poverty. Some high school pedagogy. | ||||
Lower course (ca. 14–20%) | Those who occupy poorly-paid positions or rely on regime transfers. Some loftier school education. | ||||
Underclass (12%) | Those with limited or no participation in the labor force. Reliant on government transfers. Some high school education. | The poor (ca. 12%) | Those living below the poverty line with limited to no participation in the labor force; a household income of $18,000 may be typical. Some high schoolhouse didactics. | ||
|
Distribution of household income [edit]
Distribution of household income in 2014 according to U.s.a. Census information [edit]
Income of Household | Number (thousands) [63] | Per centum | Percentile | Mean Income [63] | Mean number of earners [64] | Mean size of household [64] |
---|---|---|---|---|---|---|
Total | 124,587 | — | — | $75,738 | 1.28 | 2.54 |
Under $5,000 | 4571 | three.67% | 0 | $1,080 | 0.xx | i.91 |
$five,000 to $9,999 | 4320 | iii.47% | three.67th | $7,936 | 0.34 | 1.78 |
$10,000 to $fourteen,999 | 6766 | 5.43% | seven.14th | $12,317 | 0.39 | 1.71 |
$fifteen,000 to $nineteen,999 | 6779 | 5.44% | 12.57th | $17,338 | 0.54 | 1.90 |
$20,000 to $24,999 | 6865 | 5.51% | eighteen.01th | $22,162 | 0.73 | ii.07 |
$25,000 to $29,999 | 6363 | 5.eleven% | 23.52th | $27,101 | 0.82 | 2.19 |
$30,000 to $34,999 | 6232 | five.00% | 28.63th | $32,058 | 0.94 | two.27 |
$35,000 to $39,999 | 5857 | 4.70% | 33.63th | $37,061 | 1.04 | 2.31 |
$40,000 to $44,999 | 5430 | 4.36% | 38.33th | $41,979 | 1.15 | ii.xl |
$45,000 to $49,999 | 5060 | 4.06% | 42.69th | $47,207 | 1.24 | 2.52 |
$l,000 to $54,999 | 5084 | 4.08% | 46.75th | $51,986 | 1.32 | 2.54 |
$55,000 to $59,999 | 4220 | 3.39% | l.83th | $57,065 | one.41 | 2.56 |
$threescore,000 to $64,999 | 4477 | 3.59% | 54.22th | $62,016 | 1.46 | 2.64 |
$65,000 to $69,999 | 3709 | 2.98% | 57.81st | $67,081 | ane.51 | 2.67 |
$70,000 to $74,999 | 3737 | three.00% | threescore.79th | $72,050 | 1.57 | 2.73 |
$75,000 to $79,999 | 3484 | two.80% | 63.79th | $77,023 | ane.60 | 2.79 |
$lxxx,000 to $84,999 | 3142 | 2.52% | 66.58th | $81,966 | 1.63 | two.79 |
$85,000 to $89,999 | 2750 | 2.21% | 69.11th | $87,101 | 1.77 | 2.90 |
$90,000 to $94,999 | 2665 | ii.14% | 71.31th | $92,033 | i.82 | 2.96 |
$95,000 to $99,999 | 2339 | i.88% | 73.45th | $97,161 | 1.81 | 2.97 |
$100,000 to $104,999 | 2679 | 2.xv% | 75.33th | $101,921 | 1.79 | three.01 |
$105,000 to $109,999 | 2070 | one.66% | 77.48th | $107,187 | i.88 | 3.01 |
$110,000 to $114,999 | 1922 | 1.54% | 79.14th | $112,069 | one.93 | 3.12 |
$115,000 to $119,999 | 1623 | 1.30% | 80.68th | $117,133 | 1.98 | 3.fourteen |
$120,000 to $124,999 | 1863 | 1.50% | 81.99th | $122,127 | ane.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 | i.21% | 84.65th | $131,863 | ii.00 | 3.18 |
$135,000 to $139,999 | 1219 | 0.98% | 85.86th | $137,284 | 1.98 | three.xi |
$140,000 to $144,999 | 1290 | i.04% | 86.84th | $142,199 | one.97 | 3.03 |
$145,000 to $149,999 | 1024 | 0.82% | 87.87th | $147,130 | two.01 | 3.11 |
$150,000 to $154,999 | 1146 | 0.92% | 88.70th | $151,940 | 1.85 | 3.12 |
$155,000 to $159,999 | 848 | 0.68% | 89.62th | $157,177 | 2.08 | three.15 |
$160,000 to $164,999 | 875 | 0.70% | xc.30th | $162,019 | 2.02 | 3.xiii |
$165,000 to $169,999 | 786 | 0.63% | 91.00th | $167,101 | two.10 | 3.sixteen |
$170,000 to $174,999 | 717 | 0.58% | 91.63th | $172,169 | ii.17 | 3.21 |
$175,000 to $179,999 | 607 | 0.49% | 92.21th | $177,187 | 2.xix | 3.28 |
$180,000 to $184,999 | 619 | 0.fifty% | 92.69th | $182,055 | two.03 | 3.19 |
$185,000 to $189,999 | 556 | 0.45% | 93.19th | $187,299 | 2.03 | three.xx |
$190,000 to $194,999 | 485 | 0.39% | 93.64th | $192,241 | ii.nineteen | 3.29 |
$195,000 to $199,999 | 436 | 0.35% | 94.03th | $197,211 | 2.23 | 3.27 |
$200,000 to $249,999 | 3249 | 2.61% | 94.38th | $220,267 | two.08 | 3.24 |
$250,000 and over | 3757 | three.02% | 96.98th | $402,476 |
Encounter also [edit]
- List of countries by average wage
- Income inequality in the Usa
- Economy of the United States
- Personal income in the United States
- Employee bounty in the United States
- Standard of living in the United States
General:
- Income inequality metrics
- Atkinson index
- Gini coefficient
- Hoover index
- Theil index
- International Ranking of Household Income
- Marriage gap
- Median income per household fellow member
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{{cite web}}
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External links [edit]
- Income, Poverty, and Wellness Insurance Coverage in the United States: 2003
- Reynolds, Alan (Jan 8, 2007). "Has U.S. Income Inequality Really Increased?". Policy Assay. Cato Institute (586).
- U.Southward. Census Bureau's web-site for income statistics
- NPR.org statistics and groundwork on income inequality in the United States
- Datasets by 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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