A Listing of 100 Family Annual Incomes Is an Example of Statistics.
| Parts of this commodity (those related to documentation) demand to exist updated. (September 2020) |
Household income is an economical standard that can exist applied to one household, or aggregated across a large grouping such equally a county, city, or the whole country. It is normally used past the United States government and private institutions to draw a household'south economic condition or to track economical trends in the US.
A key measure of household income is the median income, at which half of households have income to a higher place that level and half below. The U.S. Census Agency reports 2 median household income estimates based on data 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 [3] : 10 According to the CPS, the median household income was $63,179 in 2018.[2] [four] According to the ACS, the U.S. median household income in 2018 was $61,937.[three] Estimates for previous years are given in terms of real income, which accept been adjusted for changes to the price of goods and services.
The distribution of U.South. household income has become more diff since around 1980, with the income share received by the superlative one% trending upwards from around x% or less over the 1953–1981 catamenia to over xx% by 2007.[5] Subsequently falling somewhat due to the Great Recession in 2008 and 2009, inequality rose once more during the economic recovery, a typical pattern historically.[six] [vii]
Definition [edit]
A household's income can exist calculated in various ways merely the The states Demography as of 2009 measured it in the post-obit manner: the income of every resident of that business firm 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, as well 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 be considered part of the household's income.[9] As households tend to share a similar economic context, the apply of household income remains amidst the almost widely accustomed measures of income. That the size of a household is non ordinarily taken into business relationship in such measures may misconstrue any assay of fluctuations inside or amongst the household income categories, and may render direct comparisons between quintiles difficult or even impossible.[10] The United states of america Census does not include noncash benefits such as health benefits.[11]
Recent trends [edit]
The Current Population Survey of the U.Southward. Census Agency reported in September 2017 that real median household income was $59,039 in 2016, exceeding any previous year. This was the 4th sequent yr with a statistically significant increase by their measure.[fourteen]
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, too as long- and short-term trends in the economy itself. For instance, the retirement of the Infant Boom generation should push down overall median income, as more persons enter lower-income retirement. However, analysis of different working age groups indicate a like pattern of stagnating median income besides.[xv]
Journalist Annie Lowrey wrote in September 2014: "The root causes [of wage stagnation] include technological alter, the decline of labor unions, and globalization, economists call up, though they disagree sharply on how much to weight each cistron. But strange-produced appurtenances became sharply cheaper, meaning imports climbed and production moved overseas. And computers took over for humans in many manufacturing, clerical, and administrative tasks, eroding middle-class jobs growth and suppressing wages."[16]
Another line of assay, known as "total bounty," presents a more than complete flick of real wages. The Kaiser Family unit Foundation conducted a study in 2013 which shows that employer contributions to employee healthcare costs went up 78% from 2003 to 2013.[17] The market place has made a trade-off: expanding benefits packages vs. increasing wages.
Measured relative to Gdp, full compensation 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 capital (persons who derive income via buying of businesses, country and assets). This trend is common beyond the developed world, due in part to globalization.[xviii] Wages and salaries take fallen from approximately 51% GDP in 1970 to 43% GDP in 2013. Total bounty has fallen from approximately 58% GDP in 1970 to 53% Gdp in 2013.[19]
However, every bit indicated by the charts beneath, household income has yet increased significantly since the belatedly 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 inflation, rose from $59,400 to $75,200, or 26.5%.[20] Nevertheless, once adjusted for household size and looking at taxes from an subsequently-taxation perspective, existent median household income grew 46%, representing significant growth.[21]
The following tabular array summarizes real median household income at cardinal recent milestones:
Variable | 1999 Previous Record | 2007 Pre-Crisis Peak | 2012 Post-Crunch Trough | 2016 Previous Tape | 2017 Previous Record | 2018 Record |
---|---|---|---|---|---|---|
Real median household income[22] | $61,526 | $60,985 | $55,900 | $61,779 | $62,626 | $63,179 |
Uses [edit]
Use of individual household income: The authorities and organizations may look at 1 particular household's income to decide if a person is eligible for certain programs, such as nutrition help [23] or need-based financial assistance,[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 function of economic trends like standard of living and distribution of income and wealth. Household income equally an economic mensurate can be represented every bit a median, a hateful, a distribution, and other ways. Household income tin can be studied beyond fourth dimension, region, education level, race/ethnicity, and many other dimensions. As an indicator of economic trends, information technology may be studied forth with related economic measures such as disposable income, debt, household internet worth (which includes debt and investments, durable goods like cars and houses), wealth, and employment statistics.
Median inflation-adjusted ("existent") household income [edit]
Median inflation-adapted ("existent") household income generally increases and decreases with the business cycle, declining in each twelvemonth during the periods 1979 through 1983, 1990 through 1993, 2000 through 2004 and 2008 through 2012, while rising in each of the intervening years.[xx] Extreme poverty in the United States, meaning households living on less than $2 per person per day before regime benefits, more doubled in accented terms from 636,000 to ane.46 meg households (including 2.8 one thousand thousand children) between 1996 and 2011, with most of this increase occurring betwixt belatedly 2008 and early 2011.[25]
CBO income growth study [edit]
The nonpartisan Congressional Budget Office conducted a report analyzing household income throughout the income distribution, by combining the Census and IRS income data sources. Unlike the Demography measure of household income, the CBO showed income earlier and afterwards taxes, and by also taking into business relationship household size.[26] Too, the CBO definition of income is much broader, and includes in kind transfers likewise as all monetary transfers from the authorities.[26] The Census' official definition of money income excludes food stamps and the EITC, for example, while CBO includes it.
Between 1979 and 2011, gross median household income, adjusted for inflation, rose from $59,400 to $75,200, or 26.5%. This compares with the Census' growth of ten%.[xx] However, once adapted for household size and looking at taxes from an after-tax perspective, real median household income grew 46%, representing significant growth.[21]
While median gross household income showed much stronger growth than depicted past the Census, inequality was shown to all the same have increased. The summit 10% saw gross household income grow by 78%, versus 26.v% for the median. The bottom 10%, using the aforementioned measure, saw college growth than the median (40%).[21]
Since 1980, U.South. gross domestic production (GDP) per capita has increased 67%,[28] while median household income has only increased by 15%. Median household income is a politically sensitive indicator. Voters can be disquisitional of their regime if they perceive that their price of living is rising faster than their income.
The early on-2000s recession began with the bursting of the dot-com bubble and affected most advanced economies including the European union, Japan and the United States. An economic recession will normally cause household incomes to subtract, often by as much as 10%.
The late-2000s recession began with the bursting of the U.South. housing chimera, which caused a trouble in the dangerously exposed sub prime-mortgage market. This in turn triggered a global financial crunch. In constant price, 2011 American median household income was ane.xiii% lower than what it was in 1989. This corresponds to a 0.05% almanac subtract over a 22-year period.[29] In the concurrently, GDP per capita has increased past 33.8% or 1.33% annually.[30]
A study on United 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 United states of america median household income spiked five.ii per cent, reaching $56,000, making it the get-go annual hike in median household income since the start of the Slap-up Recession.[32]
Hateful household income [edit]
Another common measurement of personal income is the mean household income. Dissimilar the median household income, which divides all households in two halves, the hateful income is the average income earned by American households. In the example of mean income, the income of all households is divided past the number of all households.[33] The hateful income is more than afflicted by the relatively diff distribution of income which tilts towards the top.[34] Equally a upshot, the mean volition exist college than the median income, with the elevation earning households boosting it. Overall, the mean household income in the United States, according to the Us Census Agency 2014 Annual Social and Economical Supplement, was $72,641.[35]
The U.s. Census Bureau also provides a breakup past cocky-identified ethnic groups every bit follows (as of March 2018):
Ethnic category | Mean household income |
---|---|
Asian alone | $112,105 |
White lonely | $99,632 |
Hispanic or Latino | $sixty,319 |
Black | $63,985 |
Mean vs. median household income [edit]
Median income is the corporeality which divides the income distribution into ii equal groups, half having income above that corporeality, and one-half having income below that amount. Mean income (average) is the corporeality obtained by dividing the full aggregate income of a grouping by the number of units in that group. The means and medians for households and families are based on all households and families. Ways and medians for people are based on people 15 years old and over with income.
—U.s. Demography Bureau, Often Asked Question, published past Get-go 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 of america was $17.6 trillion.[36] In 2008, all households in the Usa earned roughly $12,442.2 billion.[36] One half, 49.98%, of all income in the The states was earned by households with an income over $100,000, the superlative xx per centum. Over one quarter, 28.5%, of all income was earned past the top 8%, those households earning more $150,000 a year. The top 3.65%, with incomes over $200,000, earned 17.v%. Households with almanac incomes from $50,000 to $75,000, 18.2% of households, earned 16.v% of all income. Households with annual incomes from $50,000 to $95,000, 28.one% of households, earned 28.8% of all income. The bottom 10.3% 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.ane% of all people in 2000,[37] 87.93% of all households in the superlative 5% were headed by a person who identified equally existence White lone. But 4.75% of all household in the acme 5% were headed by someone who identified equally 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 meridian two quintiles with upper-middle range incomes of over $55,332 were headed by someone identifying equally White alone, while vii.21% were being headed by someone who identified equally Hispanic and 7.37% by someone who identified equally African American or Blackness.[38] Overall, households headed by Hispanics and African Americans were underrepresented in the pinnacle two quintiles and overrepresented in the bottom two quintiles. Households headed past people who identified equally beingness Asian solitary were too overrepresented amongst the top two quintiles. In the top v percent the pct of Asians was nearly twice as high every bit the percentage of Asians among the general population. Whites were relatively even distributed throughout the quintiles only existence underrepresented in the lowest quintile and slightly overrepresented in the top quintile and the superlative five percent.[38]
In terms of race in 2004 data, Asian-American households had the highest median household income of $57,518, European-American households ranked 2d with $48,977, Hispanic or Latino households ranked third with $34,241. African-American or Blackness households had the everyman median household income of all races with $30,134.[39]
Ethnic group | All households | Lowest fifth | Second 5th | Heart fifth | Fourth fifth | Highest fifth | Peak 5% | |
---|---|---|---|---|---|---|---|---|
White alone | Number in 1000s | 92,702 | xvi,940 | eighteen,424 | eighteen,978 | 19,215 | xix,721 | 5,029 |
Pct | 81.93% | 74.87% | 81.42% | 83.87% | 84.92% | 87.16% | 87.93% | |
Asian alone | Number in 1000s | iv,140 | 624 | 593 | 786 | 871 | 1,265 | 366 |
Percentage | 3.65% | 2.76% | ii.26% | 3.47% | 3.84% | 5.59% | half-dozen.46% | |
Blackness | Number in 1000s | 13,792 | 4,474 | 3,339 | 2,637 | ii,053 | i,287 | 236 |
Percentage | 12.19% | xix.77% | 14.75% | 11.65% | 9.07% | 5.69% | 4.17% | |
Hispanic or Latino (of any race) | Number in 1000s | 12,838 | 3,023 | iii,130 | 2,863 | 1,931 | 1,204 | 269 |
Percent | 11.33% | 13.56% | thirteen.83% | 12.20% | eight.53% | 5.89% | iv.75% |
Source: US Census Agency, 2004 [38]
Pedagogy and gender [edit]
Household income as well as per capita income in the United States rise significantly equally the educational attainment increases.[41] In 2005 graduates with a Master's in Business Assistants (MBA) who accustomed job offers were expected to earn a base of operations salary of $88,626. They were also expected to receive an "average signing bonus of $17,428."[42]
According to the Usa Census Bureau persons with doctorates in the United states had an average income of roughly $81,400. The average for an advanced degree was $72,824, with men averaging $ninety,761 and women averaging $50,756 annually. Year-round full-time workers with a professional degree had an average 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 high school graduates, $45,400 for college graduates and $99,300 for workers with professional degrees (M.D., O.D., D.P.T., D.P.G., D.O., J.D., Pharm.D., D.D.S., or D.V.M.)."[43]
Individuals with graduate degrees take an average per capita income exceeding the median household income of married couple families amongst the full general population ($63,813 annually).[43] [44] Higher educational attainment did non, withal, aid shut the income gap between the genders as the life-time earnings for a male with a professional degree were roughly forty percent (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 belongings an associate degrees with male life-time earnings beingness 27.77% college than those of females. While educational attainment did non assist 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 adjusted for preferential differences among men and women whom attend college.
Household income also increased significantly with the educational attainment of the householder. The United states Census Agency publishes educational attainment and income data for all households with a householder who was aged twenty-five or older. The biggest income divergence was betwixt those with some higher didactics and those who had a Bachelor's caste, with the latter making $23,874 more annually. Income also increased essentially 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 that for those at the main'south degree level, but $3,170 lower than the median for households with a professional person degree belongings householder.[40]
Criteria | Overall | Less than 9th class | Some high schoolhouse | High school graduate or equivalent | Some college | Associate caste | Bachelor'due south degree | Bachelor'southward degree or more | Master's caste | Professional degree | Doctoral degree | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Median almanac private income | Male, age 25+ | $33,517 | $fifteen,461 | $eighteen,990 | $28,763 | $35,073 | $39,015 | $l,916 | $55,751 | $61,698 | $88,530 | $73,853 |
Female person, age 25+ | $19,679 | $9,296 | $x,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 | $xxx,100 | $44,970 | $55,563 | $64,263 | $91,772 ? | $100,021 | $108,231 | $139,069 | $140,110 |
The alter in median personal and household since 1991 also varied greatly with educational attainment. The following table shows the median household income according to the educational attainment of the householder. All data is in 2003 dollars and merely 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 face.[40] [46] Since 2003, median income has connected to rising for the nation as a whole, with the biggest gains going to those with associate degrees, available'south degree or more, and master's degrees. High-school dropouts fared worse with negative growth.
Yr | Overall Median | Less than ninth grade | Some loftier schoolhouse | Loftier school graduate | Some college | Associate degree | Bachelor's degree | Bachelor's caste or more | Primary's caste | Professional caste | Doctoral caste |
---|---|---|---|---|---|---|---|---|---|---|---|
1991 | $40,873 | $17,414 | $23,096 | $37,520 | $46,296 | $52,289 | $64,150 | $68,845 | $72,669 | $102,667 | $92,614 |
1993 | $twoscore,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 | $eighteen,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 | $xviii,183 | $23,013 | $37,620 | $46,109 | $51,934 | $66,997 | $72,376 | $78,094 | $104,368 | $94,487 |
Source: US Demography Agency, 2003 [40]
Age of householder [edit]
Household income in the Usa varies essentially with the age 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 decline.[48] The highest median household income was institute amidst households headed by 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 mean 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 between the ages of 54 and 64 with $xxx,544 [The reason this figure is lower than the next grouping is because pensions and Social Security add to income while a portion of older individuals also have work-related income.].[48]
The group with the 2d highest median household income, were households headed by persons between the ages 35 and 44 with a median income of $56,785, followed by those in the historic period grouping 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 by those headed by persons over the age of 75. Overall, households headed by persons above the age of seventy-five had a median household income of $twenty,467 with the median household income per fellow member of household existence $18,645. These figures support the general assumption that median household income as well equally the median income per fellow member of household peaked among those households headed by center aged 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 equally well.[48]
Household size [edit]
While median household income has a trend to increase up to iv persons per household, it declines for households beyond four persons. For instance, in the state of Alabama in 2004, two-person households had a median income of $39,755, with $48,957 for 3-person households, $54,338 for iv-person households, $50,905 for 5-person households, $45,435 for vi-person households, with seven-or-more than-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 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 United States every bit of the Us Census Bureau 2009 is Maryland with $69,272, followed by New Jersey, Connecticut and Alaska, making the Northeastern United States the wealthiest expanse by income in the entire state.[50]
Regionally, in 2010, the Northeast reached a median income of $53,283, the W, $53,142, the S, $45,492, and the Midwest, $48,445.[51] Each effigy represents a decline from the previous yr.
Median household income by country [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 cost in the nation[52] and dwelling house prices that far outpaced incomes,[53] California ranked just eighth in income that year, with a median household income of $59,984. While California's median income was not near enough to afford the boilerplate California home or even a starter home, West Virginia, which had one of the nation's lowest median household incomes, also had the nation'southward lowest median domicile price.[52] [54]
When grouped past Demography Bureau Region, of the 15 states that, in 2017, had the highest median household income, but Minnesota is located in the Mid-West. Five are in the Northeast (Connecticut, Massachusetts, New Hampshire, New Jersey and Rhode Island), three are South Atlantic states (Washington D.C., Maryland and Virginia) while the remaining six are in the West (Alaska, California, Colorado, Hawaii, Washington and Utah).
The southern states had, on average, the lowest median household income, with ix of the land's fifteen poorest states located in the South. Nevertheless, well-nigh of the poverty in the South 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 to a higher place boilerplate income levels. Overall, median household income tended to exist the highest in the nation's most urbanized northeastern, upper midwestern and westward coast states, while rural areas, mostly in the southern and mountain states (like New United mexican states, Montana and Idaho), had the lowest median household income.[54]
As of 2019, the median household income ranged from $20,474 in Puerto Rico to $92,266 in the District of Columbia. Note that the U.South. Census Agency 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] [lx]
Rank | +/- * | Land or territory | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ane | +8 | 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 | −one | Maryland | $86,738 | $83,242 | $fourscore,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 | $70,628 | $69,160 | $66,768 | $65,339 | $62,859 | $62,072 | $64,081 |
4 | −2 | New Bailiwick of jersey | $85,751 | $81,740 | $80,088 | $76,126 | $72,222 | $72,919 | $70,165 | $69,667 | $67,458 | $67,681 | $68,342 |
5 | - | Hawaii | $83,102 | $80,212 | $77,765 | $74,511 | $73,486 | $69,592 | $68,020 | $66,259 | $61,821 | $63,030 | $64,098 |
6 | +4 | California | $80,440 | $75,277 | $71,805 | $67,739 | $64,500 | $61,933 | $threescore,190 | $58,328 | $57,287 | $57,708 | $58,931 |
seven | −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 | +iv | 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 | $70,303 | $66,532 | $64,230 | $63,280 | $62,647 | $61,042 | $60,567 |
10 | +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 | +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 | −ix | Alaska | $75,463 | $74,346 | $73,181 | $76,440 | $73,355 | $71,583 | $72,237 | $67,712 | $67,825 | $64,576 | $66,953 |
14 | −1 | Minnesota | $74,593 | $seventy,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 | $60,850 | $58,878 | $57,369 | $56,448 | $55,246 | $54,148 | $54,659 |
xvi | +1 | Rhode Island | $71,169 | $64,340 | $63,870 | $threescore,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 |
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 | $sixty,212 | $57,532 | $54,148 | $51,075 | $50,251 | $49,161 | $46,816 | $46,560 | $48,457 |
xx | - | Wyoming | $65,003 | $61,584 | $60,434 | $59,882 | $lx,214 | $57,055 | $58,752 | $54,901 | $56,322 | $53,512 | $52,664 |
21 | +eight | 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 | $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 | $fifty,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 | $fifty,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 | −6 | 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 | $fifty,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 | +1 | Michigan | $59,584 | $56,697 | $54,909 | $52,492 | $51,084 | $49,847 | $48,273 | $46,859 | $45,981 | $45,413 | $45,255 |
34 | +2 | S Dakota | $59,533 | $56,274 | $56,894 | $54,467 | $53,017 | $fifty,979 | $48,947 | $48,362 | $48,321 | $45,904 | $45,043 |
35 | +4 | Florida | $59,227 | $55,462 | $52,594 | $50,860 | $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 | −vi | Indiana | $57,603 | $55,746 | $54,181 | $52,314 | $50,532 | $49,446 | $47,529 | $46,974 | $46,438 | $44,613 | $45,424 |
39 | −4 | Missouri | $57,409 | $54,478 | $53,578 | $51,746 | $l,238 | $48,363 | $46,931 | $45,321 | $45,247 | $44,301 | $45,229 |
40 | - | North Carolina | $57,341 | $53,855 | $52,752 | $fifty,584 | $47,830 | $46,556 | $45,906 | $45,150 | $43,916 | $43,326 | $43,674 |
41 | +three | Montana | $57,153 | $55,328 | $53,386 | $50,027 | $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 | +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 | $40,062 | $40,072 |
46 | −five | 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 | $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 | $40,593 | $39,680 | $37,963 | $37,095 | $36,919 | $36,851 | $36,646 |
52 | — | Puerto Rico | $20,474 | $20,296 | $19,775 | $xx,078 | $xviii,810 | $18,948 | $19,183 | $19,630 | — | — | — |
*change 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]
Below is the median household income for the U.S. territories in 2010 (for four of the five inhabited territories).[62] Note that Puerto Rico is not included in this tabular array, and is instead included in the table above (considering Puerto Rico is included in the ACS, every bit if it were a land).
Rank | Territory | 2010 U.South. Census |
---|---|---|
1 | Guam | $48,274 |
ii | U.S. Virgin Islands | $37,254 |
3 | American Samoa | $23,892 |
4 | Northern Mariana Islands | $xix,958 |
[edit]
Household income is ane of the most normally used measures of income and, therefore, besides one of the almost prominent indicators of social course. Household income and instruction do not, however, e'er reflect perceived course status correctly. Sociologist Dennis Gilbert acknowledges that "... the form structure... does not exactly match the distribution of household income" with "the mismatch [being] greatest in the centre..." (Gilbert, 1998: 92) As social classes unremarkably overlap, it is not possible to define exact class boundaries.
According to Leonard Beeghley[ citation needed ] a household income of roughly $95,000 would be typical of a dual-earner middle grade household while $60,000 would be typical of a dual-earner working form household and $18,000 typical for an impoverished household. William Thompson and Joseph Hickey[ citation needed ] run into common incomes for the upper class as those exceeding $500,000 with upper centre class incomes ranging from the high 5-figures to well-nigh unremarkably in excess of $100,000. They claim the lower eye form ranges from $35,000 to $75,000; $xvi,000 to $thirty,000 for the working class and less than $2,000 for the lower form.
Dennis Gilbert, 2002 | William Thompson & Joseph Hickey, 2005 | Leonard Beeghley, 2004 | |||
---|---|---|---|---|---|
Class | Typical characteristics | Course | Typical characteristics | Class | Typical characteristics |
Capitalist grade (1%) | Top-level executives, high-rung politicians, heirs. Ivy League teaching mutual. | Upper class (1%) | Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league didactics common. | The super-rich (0.9%) | Multi-millionaires whose incomes commonly exceed $3.v million or more; includes celebrities and powerful executives/politicians. Ivy League education mutual. |
Upper middle class[1] (xv%) | Highly-educated (often with graduate degrees), most unremarkably salaried, professionals and middle management with large work autonomy. | Upper eye class[1] (15%) | Highly-educated (oftentimes with graduate degrees) professionals & managers with household incomes varying from the loftier 5-figure range to commonly higher up $100,000. | The rich (v%) | Households with internet worth of $ane 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 higher-than-average incomes and compensation; a man making $57,000 and a woman making $twoscore,000 may exist typical. | ||||
Lower center class (30%) | Semi-professionals and craftsmen with a roughly boilerplate standard of living. Near have some college education and are white-neckband. | Lower middle class (32%) | Semi-professionals and craftsmen with some piece of work autonomy; household incomes commonly range from $35,000 to $75,000. Typically, some higher teaching. | ||
Working course (30%) | Clerical and most blue-collar workers whose work is highly routinized. Standard of living varies depending on number of income earners, just is usually merely adequate. Loftier school education. | ||||
Working class (32%) | Clerical, pink- and blue-collar workers with often low job security; common household incomes range from $sixteen,000 to $30,000. High school education. | Working form (ca. 40–45%) | Blue-collar workers and those whose jobs are highly routinized with low economical security; a man making $40,000 and a adult female making $26,000 may be typical. Loftier school education. | ||
Working poor (thirteen%) | Service, low-rung clerical and some blue-collar workers. Loftier economic insecurity and risk of poverty. Some loftier school educational activity. | ||||
Lower form (ca. 14–20%) | Those who occupy poorly-paid positions or rely on authorities transfers. Some high school pedagogy. | ||||
Underclass (12%) | Those with express or no participation in the labor forcefulness. Reliant on government transfers. Some loftier 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 school education. | ||
|
Distribution of household income [edit]
Distribution of household income in 2014 co-ordinate to United states of america Census data [edit]
Income of Household | Number (thousands) [63] | Percentage | Percentile | Mean Income [63] | Hateful number of earners [64] | Mean size of household [64] |
---|---|---|---|---|---|---|
Total | 124,587 | — | — | $75,738 | 1.28 | 2.54 |
Under $v,000 | 4571 | 3.67% | 0 | $1,080 | 0.20 | 1.91 |
$5,000 to $9,999 | 4320 | 3.47% | 3.67th | $7,936 | 0.34 | 1.78 |
$10,000 to $14,999 | 6766 | v.43% | 7.14th | $12,317 | 0.39 | 1.71 |
$15,000 to $19,999 | 6779 | 5.44% | 12.57th | $17,338 | 0.54 | 1.90 |
$twenty,000 to $24,999 | 6865 | 5.51% | 18.01th | $22,162 | 0.73 | 2.07 |
$25,000 to $29,999 | 6363 | 5.xi% | 23.52th | $27,101 | 0.82 | two.xix |
$30,000 to $34,999 | 6232 | 5.00% | 28.63th | $32,058 | 0.94 | 2.27 |
$35,000 to $39,999 | 5857 | four.70% | 33.63th | $37,061 | ane.04 | 2.31 |
$forty,000 to $44,999 | 5430 | 4.36% | 38.33th | $41,979 | 1.15 | 2.40 |
$45,000 to $49,999 | 5060 | 4.06% | 42.69th | $47,207 | 1.24 | ii.52 |
$50,000 to $54,999 | 5084 | 4.08% | 46.75th | $51,986 | 1.32 | 2.54 |
$55,000 to $59,999 | 4220 | iii.39% | 50.83th | $57,065 | 1.41 | 2.56 |
$60,000 to $64,999 | 4477 | 3.59% | 54.22th | $62,016 | 1.46 | 2.64 |
$65,000 to $69,999 | 3709 | two.98% | 57.81st | $67,081 | one.51 | 2.67 |
$70,000 to $74,999 | 3737 | 3.00% | 60.79th | $72,050 | ane.57 | 2.73 |
$75,000 to $79,999 | 3484 | 2.80% | 63.79th | $77,023 | i.lx | 2.79 |
$80,000 to $84,999 | 3142 | 2.52% | 66.58th | $81,966 | one.63 | 2.79 |
$85,000 to $89,999 | 2750 | 2.21% | 69.11th | $87,101 | ane.77 | 2.90 |
$90,000 to $94,999 | 2665 | two.xiv% | 71.31th | $92,033 | one.82 | 2.96 |
$95,000 to $99,999 | 2339 | ane.88% | 73.45th | $97,161 | 1.81 | 2.97 |
$100,000 to $104,999 | 2679 | two.15% | 75.33th | $101,921 | 1.79 | 3.01 |
$105,000 to $109,999 | 2070 | 1.66% | 77.48th | $107,187 | 1.88 | 3.01 |
$110,000 to $114,999 | 1922 | 1.54% | 79.14th | $112,069 | 1.93 | three.12 |
$115,000 to $119,999 | 1623 | 1.30% | 80.68th | $117,133 | 1.98 | iii.14 |
$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 | 1.21% | 84.65th | $131,863 | ii.00 | iii.18 |
$135,000 to $139,999 | 1219 | 0.98% | 85.86th | $137,284 | i.98 | 3.11 |
$140,000 to $144,999 | 1290 | 1.04% | 86.84th | $142,199 | 1.97 | 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 | 3.15 |
$160,000 to $164,999 | 875 | 0.70% | 90.30th | $162,019 | 2.02 | three.13 |
$165,000 to $169,999 | 786 | 0.63% | 91.00th | $167,101 | 2.10 | three.16 |
$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 | two.19 | iii.28 |
$180,000 to $184,999 | 619 | 0.50% | 92.69th | $182,055 | ii.03 | iii.nineteen |
$185,000 to $189,999 | 556 | 0.45% | 93.19th | $187,299 | two.03 | three.20 |
$190,000 to $194,999 | 485 | 0.39% | 93.64th | $192,241 | 2.19 | 3.29 |
$195,000 to $199,999 | 436 | 0.35% | 94.03th | $197,211 | 2.23 | 3.27 |
$200,000 to $249,999 | 3249 | ii.61% | 94.38th | $220,267 | 2.08 | 3.24 |
$250,000 and over | 3757 | 3.02% | 96.98th | $402,476 |
See likewise [edit]
- Listing of countries by average wage
- Income inequality in the United States
- Economy of the United States
- Personal income in the United States
- Employee compensation in the United states of america
- Standard of living in the United States
Full general:
- Income inequality metrics
- Atkinson index
- Gini coefficient
- Hoover index
- Theil index
- International Ranking of Household Income
- Marriage gap
- Median income per household member
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External links [edit]
- Income, Poverty, and Wellness Insurance Coverage in the The states: 2003
- Reynolds, Alan (Jan 8, 2007). "Has U.S. Income Inequality Really Increased?". Policy Analysis. Cato Institute (586).
- U.S. Demography Bureau's web-site for income statistics
- NPR.org statistics and background on income inequality in the United States
- Datasets by U.Due south. State of depression income, very depression income, extremely low income limits
Source: https://en.wikipedia.org/wiki/Household_income_in_the_United_States
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