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.

Graph and download economic data for Estimate of Median Household Income for United States (MHIUS00000A052NCEN) from 1989 to 2023 about households, median, income, and USA.

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.

Graph and download economic data for Estimate of Median Household Income for District of Columbia (MHIDC11000A052NCEN) from 1989 to 2023 about DC, households, median, income, and USA.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in United States. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in United States. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in United States, householders within the 45 to 64 years age group have the highest median household income at $94,847, followed by those in the 25 to 44 years age group with an income of $87,575. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $57,108. Notably, householders within the under 25 years age group, had the lowest median household income at $43,534.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 by age. You can refer the same here

Brazil Average Real Monthly Income: Actual Earnings: South: 20 to 24 Years data was reported at 1,464.000 BRL in 2017. This records an increase from the previous number of 1,428.000 BRL for 2016. Brazil Average Real Monthly Income: Actual Earnings: South: 20 to 24 Years data is updated yearly, averaging 1,446.000 BRL from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 1,464.000 BRL in 2017 and a record low of 1,428.000 BRL in 2016. Brazil Average Real Monthly Income: Actual Earnings: South: 20 to 24 Years data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Domestic Trade and Household Survey – Table BR.HF047: Average Real Monthly Household Income: Actual Earning: by Age: South.

Nepal Average Monthly Household Income: Urban data was reported at 32,336.000 NPR in 2015. This records an increase from the previous number of 31,935.000 NPR for 2006. Nepal Average Monthly Household Income: Urban data is updated yearly, averaging 32,135.500 NPR from Jul 2006 (Median) to 2015, with 2 observations. The data reached an all-time high of 32,336.000 NPR in 2015 and a record low of 31,935.000 NPR in 2006. Nepal Average Monthly Household Income: Urban data remains active status in CEIC and is reported by Nepal Rastra Bank. The data is categorized under Global Database’s Nepal – Table NP.H001: Household Budget Survey: Average Monthly Household Income.

Average Real Monthly Household Income: Per Capita: North: Roraima data was reported at 1,428.000 BRL in 2023. This records an increase from the previous number of 1,246.000 BRL for 2022. Average Real Monthly Household Income: Per Capita: North: Roraima data is updated yearly, averaging 996.500 BRL from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 1,428.000 BRL in 2023 and a record low of 778.000 BRL in 2012. Average Real Monthly Household Income: Per Capita: North: Roraima data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Household Survey – Table BR.HAB042: Average Real Monthly Household Income: Per Capita.

During the first half of the past decade, the annual average disposable income of households in Sweden increased regularly year by year. However, the growth flattened since 2016, but showed an increase of 30,000 Swedish kronor from 2020 to 2021.

The household type with the highest disposable income

The type of household with the highest disposable income in Sweden during 2021 was couples cohabiting with one or more adult children from 20 to 29 years. These households had on average a disposable income of more than one million Swedish kronor.

 Single-person household had the lowest disposable income

The most common type of households in Sweden in 2022 were single-person households without children, followed by cohabiting or married couples without children. Single-person households in 2021 were the household type that had the lowest average disposable income, amounting to 280,000 Swedish kronor. Single-women households without children had a lower average income than single-men.

Graph and download economic data for Estimate of Median Household Income for Maine (MHIME23000A052NCEN) from 1989 to 2023 about ME, households, median, income, and USA.

Graph and download economic data for Estimate of Median Household Income for Michigan (MHIMI26000A052NCEN) from 1989 to 2023 about MI, households, median, income, and USA.

Graph and download economic data for Estimate of Median Household Income for Rhode Island (MHIRI44000A052NCEN) from 1989 to 2023 about RI, households, median, income, and USA.

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

Graph and download economic data for Estimate of Median Household Income for Iowa (MHIIA19000A052NCEN) from 1989 to 2023 about IA, households, median, income, and USA.

Graph and download economic data for Estimate of Median Household Income for New York (MHINY36000A052NCEN) from 1989 to 2023 about NY, households, median, income, and USA.

Graph and download economic data for Estimate of Median Household Income for Idaho (MHIID16000A052NCEN) from 1989 to 2023 about ID, households, median, income, and USA.

In 2023, the average annual net household income in Spain was ****** euros. Far from the national average was the net household income in the southern regions of *********** and *********, where it was less than ****** euros. The community with the highest average income was Madrid, with more than ****** euros.

This layer shows median household income by race and by age of householder. This is shown by tract, county, and state boundaries. This service is updated annually to contain the most currently released American Community Survey (ACS) 5-year data, and contains estimates and margins of error. There are also additional calculated attributes related to this topic, which can be mapped or used within analysis. Median income and income source is based on income in past 12 months of survey. This layer is symbolized to show median household income. To see the full list of attributes available in this service, go to the "Data" tab, and choose "Fields" at the top right. Current Vintage: 2019-2023ACS Table(s): B19013B, B19013C, B19013D, B19013E, B19013F, B19013G, B19013H, B19013I, B19049, B19053Data downloaded from: Census Bureau's API for American Community Survey Date of API call: December 12, 2024National Figures: data.census.govThe United States Census Bureau's American Community Survey (ACS):About the SurveyGeography & ACSTechnical DocumentationNews & UpdatesThis ready-to-use layer can be used within ArcGIS Pro, ArcGIS Online, its configurable apps, dashboards, Story Maps, custom apps, and mobile apps. Data can also be exported for offline workflows. For more information about ACS layers, visit the FAQ. Please cite the Census and ACS when using this data.Data Note from the Census:Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see Accuracy of the Data). The effect of nonsampling error is not represented in these tables.Data Processing Notes:This layer is updated automatically when the most current vintage of ACS data is released each year, usually in December. The layer always contains the latest available ACS 5-year estimates. It is updated annually within days of the Census Bureau's release schedule. Click here to learn more about ACS data releases.Boundaries come from the US Census TIGER geodatabases, specifically, the National Sub-State Geography Database (named tlgdb_(year)_a_us_substategeo.gdb). Boundaries are updated at the same time as the data updates (annually), and the boundary vintage appropriately matches the data vintage as specified by the Census. These are Census boundaries with water and/or coastlines erased for cartographic and mapping purposes. For census tracts, the water cutouts are derived from a subset of the 2020 Areal Hydrography boundaries offered by TIGER. Water bodies and rivers which are 50 million square meters or larger (mid to large sized water bodies) are erased from the tract level boundaries, as well as additional important features. For state and county boundaries, the water and coastlines are derived from the coastlines of the 2023 500k TIGER Cartographic Boundary Shapefiles. These are erased to more accurately portray the coastlines and Great Lakes. The original AWATER and ALAND fields are still available as attributes within the data table (units are square meters).The States layer contains 52 records - all US states, Washington D.C., and Puerto RicoCensus tracts with no population that occur in areas of water, such as oceans, are removed from this data service (Census Tracts beginning with 99).Percentages and derived counts, and associated margins of error, are calculated values (that can be identified by the "_calc_" stub in the field name), and abide by the specifications defined by the American Community Survey.Field alias names were created based on the Table Shells file available from the American Community Survey Summary File Documentation page.Negative values (e.g., -4444...) have been set to null, with the exception of -5555... which has been set to zero. These negative values exist in the raw API data to indicate the following situations:The margin of error column indicates that either no sample observations or too few sample observations were available to compute a standard error and thus the margin of error. A statistical test is not appropriate.Either no sample observations or too few sample observations were available to compute an estimate, or a ratio of medians cannot be calculated because one or both of the median estimates falls in the lowest interval or upper interval of an open-ended distribution.The median falls in the lowest interval of an open-ended distribution, or in the upper interval of an open-ended distribution. A statistical test is not appropriate.The estimate is controlled. A statistical test for sampling variability is not appropriate.The data for this geographic area cannot be displayed because the number of sample cases is too small.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Portland. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Portland. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Portland, householders within the 45 to 64 years age group have the highest median household income at $100,994, followed by those in the 25 to 44 years age group with an income of $99,640. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $64,181. Notably, householders within the under 25 years age group, had the lowest median household income at $44,203.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 Portland median household income by age. You can refer the same here

In 2024, the average monthly household income per household member was 4,898 Singapore dollars. This was an increase from the previous year and the highest in a ten-year period.