This statistic shows the median household income in the United States from 1970 to 2020, by income tier. In 2020, the median household income for the middle class stood at 90,131 U.S. dollars, which was approximately a 50 percent increase from 1970. However, the median income of upper income households in the U.S. increased by almost 70 percent compared to 1970.

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.

Income statistics by economic family type and income source, annual.

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

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $65,000 in 2021, according to the U.S. Census Bureau. Using this measure, middle income is made up of households making between $43,350 and $130,000 annually.This map isolates 7 income brackets within the middle class income range, and maps the relative predominance of each income range across the country for census tracts, counties, and states. The brackets defined in the map, drawn from ACS Household Income Distribution data, are as follows:Households whose income in the past 12 months was $125,000 to $149,999Households whose income in the past 12 months was $100,000 to $124,999Households whose income in the past 12 months was $75,000 to $99,999Households whose income in the past 12 months was $60,000 to $74,999Households whose income in the past 12 months was $50,000 to $59,999Households whose income in the past 12 months was $45,000 to $49,999Households whose income in the past 12 months was $40,000 to $44,999Click on each feature reveals more detailed information in the pop-up regarding the current predominant income bracket and compares these figures to historical data. Information included in the pop-up:The total number of homes falling into the predominant Middle Class income bracketThe total number of homes compared to the 2010 - 2014 ACS Household Income Distribution Variables.The percent change in homes within the predominant income bracket between the current ACS, and 2010 - 2014 ACS and whether or not this change is considered statistically significant.This map uses the most current release of data from the American Community Survey (ACS) about household income ranges and cutoffs. Web Map originally owned by Summers Cleary

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, income, median, real, and USA.

This table provides 2022 data on estimated households in the Canary Islands by main source of income and social classes based on the occupation of the main person.

By 2030, the middle-class population in Asia-Pacific is expected to increase from **** billion people in 2015 to **** billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from *** million in 2015 to *** million in 2030. Worldwide wealth While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around ** percent of the world’s population had assets valued at less than 10,000 U.S. dollars, while less than *** percent had assets of more than one million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percentage of non-investable assets. The middle-class The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth among the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle class.

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

Income and income and expenditure of households (current economic accounts): Germany, years, household net income classes

Average Family Income: Philippines: All Income Classes data was reported at 267,000.000 PHP in 2015. This records an increase from the previous number of 235,000.000 PHP for 2012. Average Family Income: Philippines: All Income Classes data is updated yearly, averaging 146,019.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 267,000.000 PHP in 2015 and a record low of 40,408.000 PHP in 1988. Average Family Income: Philippines: All Income Classes data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H021: Family Income and Expenditure Survey: Average Annual Income: By Family Size and Income Group.

This dataset contains tax liability data for all corporations within ranges of state net income (C and S Corporations) based on California corporation tax forms.

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Incomes of households and persons by income classes and income concepts. 1990-2000 Amended on 21 June 2005. Appearance Frequency: Stop it.

This table contains figures on the income of private households. The data can be broken down by income concept (primary income, gross income, disposable income, standardized income), income classes and various background characteristics of the household. Data available from: 2011. Status of the figures: The figures for 2011 to 2020 are final. The figures for 2021 are provisional. Changes as of November 15, 2022: Figures for 2020 are final and provisional figures for 2021 have been added. When will new numbers come out? Final figures for 2021 and provisional figures for 2022 will be available in the autumn of 2023.

As of January 2022, the largest share of Chinese middle-class families had an annual income of between *** thousand and *** thousand yuan per year. According to the same survey, almost ** percent of respondents have at least one child. Many middle-class families in China face significant financial burdens because not only do living costs continuously increase but they also often have to support their parents. In that case, one family has to care for four elders and least one kid.

This dataset contains replication files for "The Fading American Dream: Trends in Absolute Income Mobility Since 1940" by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca, and Jimmy Narang. For more information, see https://opportunityinsights.org/paper/the-fading-american-dream/. A summary of the related publication follows. One of the defining features of the “American Dream” is the ideal that children have a higher standard of living than their parents. We assess whether the U.S. is living up to this ideal by estimating rates of “absolute income mobility” – the fraction of children who earn more than their parents – since 1940. We measure absolute mobility by comparing children’s household incomes at age 30 (adjusted for inflation using the Consumer Price Index) with their parents’ household incomes at age 30. We find that rates of absolute mobility have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s. Absolute income mobility has fallen across the entire income distribution, with the largest declines for families in the middle class. These findings are unaffected by using alternative price indices to adjust for inflation, accounting for taxes and transfers, measuring income at later ages, and adjusting for changes in household size. Absolute mobility fell in all 50 states, although the rate of decline varied, with the largest declines concentrated in states in the industrial Midwest, such as Michigan and Illinois. The decline in absolute mobility is especially steep – from 95% for children born in 1940 to 41% for children born in 1984 – when we compare the sons’ earnings to their fathers’ earnings. Why have rates of upward income mobility fallen so sharply over the past half-century? There have been two important trends that have affected the incomes of children born in the 1980s relative to those born in the 1940s and 1950s: lower Gross Domestic Product (GDP) growth rates and greater inequality in the distribution of growth. We find that most of the decline in absolute mobility is driven by the more unequal distribution of economic growth rather than the slowdown in aggregate growth rates. When we simulate an economy that restores GDP growth to the levels experienced in the 1940s and 1950s but distributes that growth across income groups as it is distributed today, absolute mobility only increases to 62%. In contrast, maintaining GDP at its current level but distributing it more broadly across income groups – at it was distributed for children born in the 1940s – would increase absolute mobility to 80%, thereby reversing more than two-thirds of the decline in absolute mobility. These findings show that higher growth rates alone are insufficient to restore absolute mobility to the levels experienced in mid-century America. Under the current distribution of GDP, we would need real GDP growth rates above 6% per year to return to rates of absolute mobility in the 1940s. Intuitively, because a large fraction of GDP goes to a small fraction of high-income households today, higher GDP growth does not substantially increase the number of children who earn more than their parents. Of course, this does not mean that GDP growth does not matter: changing the distribution of growth naturally has smaller effects on absolute mobility when there is very little growth to be distributed. The key point is that increasing absolute mobility substantially would require more broad-based economic growth. We conclude that absolute mobility has declined sharply in America over the past half-century primarily because of the growth in inequality. If one wants to revive the “American Dream” of high rates of absolute mobility, one must have an interest in growth that is shared more broadly across the income distribution.

This table provides 2022 data on the estimated total population in the Canary Islands by disposable income per capita and social classes based on the occupation of the main person.