Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

Graph and download economic data for Mean Personal Income in the United States (MAPAINUSA646N) from 1974 to 2023 about average, personal income, personal, income, and USA.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.

This statistic shows the per capita personal income in the United States from 1990 to 2023. In 2023, the per capita personal income was 68,531 U.S. dollars. Personal income is the income that is received by persons from all sources.

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.

Key information about US Household Income per Capita

• United States Annual Household Income per Capita reached 40,722.000 USD in Dec 2023, compared with the previous value of 39,167.917 USD in Dec 2022.
• US Annual Household Income per Capita data is updated yearly, available from Dec 1984 to Dec 2023, with an averaged value of 21,116.200 USD.
• The data reached an all-time high of 40,722.000 USD in Dec 2023 and a record low of 9,024.615 USD in Dec 1984.
• In the latest reports, Retail Sales of US grew 0.967 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Household Income and Average Household Size. U.S. Bureau of Labor Statistics provides Household Income and Average Household Size.

In 2023, the real median household income for householders aged 15 to 24 was at 54,930 U.S. dollars. The highest median household income was found amongst those aged between 45 and 54. Household median income for the United States since 1990 can be accessed here.

United States - Personal income per capita was 74350.00000 $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Personal income per capita reached a record high of 74350.00000 in January of 2025 and a record low of 1319.00000 in April of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Personal income per capita - last updated from the United States Federal Reserve on May of 2025.

Graph and download economic data for Median Household Income in the United States (MEHOINUSA646N) from 1984 to 2023 about households, median, income, and USA.

Personal Income in the United States decreased 0.40 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - United States Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Disposable Personal Income in the United States decreased to 22454.56 USD Billion in May from 22579.58 USD Billion in April of 2025. This dataset provides - United States Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Personal income per capita (A792RC0A052NBEA) from 1929 to 2024 about personal income, per capita, personal, income, GDP, and USA.

Residents of the District of Columbia had the highest personal income per capita in 2023, at ******* U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at ****** U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.

This dataset provides annual personal income estimates for State of Iowa produced by the U.S. Bureau of Economic Analysis beginning in 1997. Data includes the following estimates: personal income, per capita personal income, wages and salaries, supplements to wages and salaries, private nonfarm earnings, compensation of employees, average compensation per job, and private nonfarm compensation. Personal income is defined as the sum of wages and salaries, supplements to wages and salaries, proprietors’ income, dividends, interest, and rent, and personal current transfer receipts, less contributions for government social insurance. Personal income for Iowa is the income received by, or on behalf of all persons residing in Iowa, regardless of the duration of residence, except for foreign nationals employed by their home governments in Iowa. Per capita personal income is personal income divided by the Census Bureau’s annual midyear (July 1) population estimates. Wages and salaries is defined as the remuneration receivable by employees (including corporate officers) from employers for the provision of labor services. It includes commissions, tips, and bonuses; employee gains from exercising stock options; and pay-in-kind. Judicial fees paid to jurors and witnesses are classified as wages and salaries. Wages and salaries are measured before deductions, such as social security contributions, union dues, and voluntary employee contributions to defined contribution pension plans. Supplements to wages and salaries consists of employer contributions for government social insurance and employer contributions for employee pension and insurance funds. Private nonfarm earnings is the sum of wages and salaries, supplements to wages and salaries, and nonfarm proprietors' income, excluding farm and government. Compensation to employees is the total remuneration, both monetary and in kind, payable by employers to employees in return for their work during the period. It consists of wages and salaries and of supplements to wages and salaries. Compensation is presented on an accrual basis - that is, it reflects compensation liabilities incurred by the employer in a given period regardless of when the compensation is actually received by the employee. Average compensation per job is compensation of employees divided by total full-time and part-time wage and salary employment. Private nonfarm compensation is the sum of wages and salaries and supplements to wages and salaries, excluding farm and government. More terms and definitions are available on https://apps.bea.gov/regional/definitions/.

This statistic shows the total personal income in the United States from 1990 to 2023. The data are in current U.S. dollars not adjusted for inflation or deflation. According to the BEA, personal income is the income that is received by persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Personal income increased to about 23 trillion U.S. dollars in 2023.Personal income Personal income in the United States has risen steadily over the last decades from 5.07 trillion U.S. dollars in 1991 to 23 trillion U.S. dollars in 2023. Personal income includes all earnings including wages, investments, and other sources. Personal income also varied widely across the U.S., where those living in the District of Columbia, on the higher scale, earned an average of 96,873 U.S. dollars per capita and on the lower end of the spectrum, people in Mississippi earned 45,438 U.S. dollars per capita. In the District of Columbia, disposable income averaged some 81,193 U.S. dollars. In total, California earned the most personal income followed by Texas, receiving three trillion U.S. dollars and 1.76 trillion U.S. dollars, respectively. Income tends to vary widely between demographics in the United States. Those with higher education levels tend to earn more money. However, only 25.7 percent of persons with a disability that had a Bachelor's degree or higher were employed in 2020. The Social Security and Supplemental Security Income disability programs provide monetary benefits to the disabled and certain family members.

Graph and download economic data for Disposable personal income: Per capita (A229RC0A052NBEA) from 1929 to 2024 about disposable, personal income, per capita, personal, income, GDP, and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in United States, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in United States. Across the different household sizes in United States the mean income is $94,149, and the standard deviation is $26,829. The coefficient of variation (CV) is 28.50%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $38,463. It then further increased to $114,329 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/united-states-median-household-income-by-household-size.jpeg" alt="United States median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for United States median household income. You can refer the same here

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.123 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
• Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 5,882.623 USD.
• The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
• In the latest reports, Retail Sales of Russia grew 5.200 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

Graph and download economic data for Mean Family Income in the United States (MAFAINUSA646N) from 1953 to 2023 about family, average, income, and USA.