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Graph and download economic data for Income Before Taxes: Wages and Salaries by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXU900000LB0102M) from 1984 to 2023 about percentile, salaries, tax, wages, income, and USA.
In 2023, just over 50 percent of Americans had an annual household income that was less than 75,000 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023. Income and wealth in the United States After the economic recession in 2009, income inequality in the U.S. is more prominent across many metropolitan areas. The Northeast region is regarded as one of the wealthiest in the country. Maryland, New Jersey, and Massachusetts were among the states with the highest median household income in 2020. In terms of income by race and ethnicity, the average income of Asian households was 94,903 U.S. dollars in 2020, while the median income for Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates its list of poverty levels. Preliminary estimates show that the average poverty threshold for a family of four people was 26,500 U.S. dollars in 2021, which is around 100 U.S. dollars less than the previous year. There were an estimated 37.9 million people in poverty across the United States in 2021, which was around 11.6 percent of the population. Approximately 19.5 percent of those in poverty were Black, while 8.2 percent were white.
American Community Survey data provided by the Urban Institute. To identify income percentiles, all households are ranked by income from lowest to highest. The income level at the threshold between the poorest 20 percent of households and the richest 80 percent is the 20th percentile. Similarly, the threshold between the poorest and richest halves is the 50th percentile (or median), and threshold between the poorest 80 percent and richest 20 percent is the 80th percentile.
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Graph and download economic data for Income After Taxes: Income After Taxes by Quintiles of Income Before Taxes: Fourth 20 Percent (61st to 80th Percentile) (CXUINCAFTTXLB0105M) from 1984 to 2023 about percentile, tax, income, and USA.
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Graph and download economic data for Income Before Taxes: Income Before Taxes by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUINCBEFTXLB1503M) from 2014 to 2023 about percentile, tax, income, and USA.
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Graph and download economic data for Expenditures: Food at Home by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUFOODHOMELB1503M) from 2014 to 2023 about percentile, tax, expenditures, food, income, and USA.
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Graph and download economic data for Expenditures: Total Average Annual Expenditures by Quintiles of Income Before Taxes: Second 20 Percent (21st to 40th Percentile) (CXUTOTALEXPLB0103M) from 1984 to 2023 about percentile, tax, average, expenditures, income, and USA.
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Graph and download economic data for Expenditures: Other Household Expenses by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUHHOTHXPNLB1503M) from 2014 to 2023 about percentile, tax, expenditures, households, income, and USA.
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Graph and download economic data for Expenditures: Personal Services by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUHHPERSRVLB0102M) from 1984 to 2021 about percentile, tax, expenditures, personal, services, income, and USA.
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Graph and download economic data for Expenditures: Household Furnishings and Equipment by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUHHFURNSHLB0102M) from 1984 to 2023 about furniture, percentile, tax, equipment, expenditures, households, income, and USA.
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Graph and download economic data for Consumer Unit Characteristics: Percent Black or African American by Quintiles of Income Before Taxes: Fourth 20 Percent (61st to 80th Percentile) (CXU980270LB0105M) from 1984 to 2023 about consumer unit, percentile, African-American, tax, percent, income, and USA.
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Graph and download economic data for Expenditures: Entertainment by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUENTRTAINLB1503M) from 2014 to 2023 about entertainment, percentile, tax, expenditures, income, and USA.
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Graph and download economic data for Expenditures: Food Away from Home by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUFOODAWAYLB1503M) from 2014 to 2023 about percentile, tax, expenditures, food, income, and USA.
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Graph and download economic data for Income Before Taxes: Interest, Dividends, Rent Income, Property Income by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUINDIVRNTLB0102M) from 1984 to 2023 about dividends, percentile, rent, tax, interest, income, and USA.
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Graph and download economic data for Other Financial Information: Estimated Market Value of Owned Home by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXU800721LB1503M) from 2014 to 2023 about owned, market value, information, percentile, tax, financial, income, housing, estimate, and USA.
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Graph and download economic data for Income Before Taxes: Other Income by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUOTHRINCLB0102M) from 1984 to 2023 about percentile, tax, income, and USA.
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Graph and download economic data for Net Change in Total Assets and Liabilities by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUCHGASLILB0106M) from 1990 to 2023 about change, percentile, liabilities, tax, Net, assets, income, and USA.
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Graph and download economic data for Expenditures: Pensions and Social Security by Quintiles of Income Before Taxes: Fourth 20 Percent (61st to 80th Percentile) (CXUPENSIONSLB0105M) from 1984 to 2023 about social, pension, social assistance, percentile, tax, expenditures, income, and USA.
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Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUHOMEOWNLB1503M) from 2014 to 2023 about consumer unit, homeownership, percentile, tax, percent, income, and USA.
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Graph and download economic data for Expenditures: Shelter by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUSHELTERLB1503M) from 2014 to 2023 about shelter, percentile, tax, expenditures, income, and USA.
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Graph and download economic data for Income Before Taxes: Wages and Salaries by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXU900000LB0102M) from 1984 to 2023 about percentile, salaries, tax, wages, income, and USA.