The statistic above provides the ranking of countries by median self-reported household income. Between 2006 and 2012, the median household income in Norway was about 51,489 U.S. dollars.

Net national incomes have grown globally, growing from 694 U.S. dollars in 1970 to 9,750 in 2021. Much of this growth can be attributed to improvements in overall global development, as economies in developing countries have grown rapidly. Net national incomes grew steadily from the 1970s to the 2000s, and then experienced a sharper increase during the 2000s until the Great Recession, falling slightly in 2008.

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.

Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 11.100 % in 2021. This records an increase from the previous number of 10.100 % for 2020. Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 8.900 % from Dec 1975 (Median) to 2021, with 27 observations. The data reached an all-time high of 11.100 % in 2021 and a record low of 5.200 % in 1987. Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

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.

About this dataset

Context

The dataset presents the median household income across different racial categories in International Falls. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of International Falls population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 93.51% of the total residents in International Falls. Notably, the median household income for White households is $56,123. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $56,123.

https://i.neilsberg.com/ch/international-falls-mn-median-household-income-by-race.jpeg" alt="International Falls median household income diversity across racial categories">

Content

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

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in International Falls.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

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 International Falls median household income by race. You can refer the same here

With only 1,100 euros after accounting for purchasing power parity (PPP), Yemen had the lowest average income per adult worldwide in 2022. However, most of the countries on the list are located in Sub-Saharan Africa.

Graph and download economic data for Constant GDP per capita for High Income Countries (NYGDPPCAPKDHIC) from 1960 to 2023 about per capita, income, and GDP.

The average for 2021 based on 71 countries was 27.53 percent. The highest value was in Colombia: 43.7 percent and the lowest value was in Slovakia: 19.1 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.

World GDP per capita for 2023 was $13,138, a 3.21% increase from 2022.

<ul style='margin-top:20px;'>

<li>World GDP per capita for 2022 was <strong>$12,730</strong>, a <strong>2.97% increase</strong> from 2021.</li>
<li>World GDP per capita for 2021 was <strong>$12,362</strong>, a <strong>12.99% increase</strong> from 2020.</li>
<li>World GDP per capita for 2020 was <strong>$10,942</strong>, a <strong>3.67% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Key information about United States Monthly Earnings

• United States Monthly Earnings stood at 4,901 USD in Feb 2025, compared with the previous figure of 4,887 USD in Jan 2025
• US Monthly Earnings data is updated monthly, available from Mar 2006 to Feb 2025, with an average number of 3,469 USD
• The data reached the an all-time high of 4,901 USD in Feb 2025 and a record low of 2,743 USD in Mar 2006

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4. U.S. Bureau of Labor Statistics provides Average Weekly Earnings in USD. Monthly Earnings include Private Non Agricultural sector only.


Further information about United States Monthly Earnings

• In the latest reports, US Population reached 341 million people in Dec 2024
• Unemployment Rate of US increased to 4 % in Feb 2025
• The country's Labour Force Participation Rate remained the same rate at 62 % in Feb 2025

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in International Falls, MN, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 16,712, while the mean income for the highest quintile (20% of households with the highest income) is 180,382. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 280,962, which is 155.76% higher compared to the highest quintile, and 1681.20% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 International Falls median household income. You can refer the same here

Saudi Arabia had the highest average income per adult of the G20 in terms of purchasing power parity (PPP) in 2022. It was also the country with the 10th highest average income worldwide that year. Meanwhile, India recorded the lowest average income at 8,000 PPP euros.

Haiti HT: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 18.200 % in 2012. Haiti HT: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 18.200 % from Dec 2012 (Median) to 2012, with 1 observations. The data reached an all-time high of 18.200 % in 2012 and a record low of 18.200 % in 2012. Haiti HT: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Haiti – Table HT.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Key information about China Household Income per Capita

• China Annual Household Income per Capita reached 4,805.935 USD in Dec 2013, compared with the previous value of 4,273.467 USD in Dec 2012.
• China Annual Household Income per Capita data is updated yearly, available from Dec 1985 to Dec 2013, with an averaged value of 711.353 USD.
• The data reached an all-time high of 4,805.935 USD in Dec 2013 and a record low of 262.918 USD in Dec 1986.
• In the latest reports, Retail Sales of China grew 12.700 % YoY in May 2023.

CEIC converts Annual Household Income per Capita into USD. The National Bureau of Statistics provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers urban area only.

Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 12.400 % in 2021. This records a decrease from the previous number of 14.600 % for 2020. Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 18.700 % from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 21.600 % in 2014 and a record low of 12.400 % in 2021. Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Since 1970, net national incomes per capita have grown in each region of the world. North America has experienced the largest increase, growing from nearly 4,500 U.S. dollars per capita in 1970 to $57,300 per capita in 2021. Europe and Central Asia follow behind North America, growing from 1,200 dollars per capita in 1970 to 22,000 in 2021. Other regions such as Sub-Saharan Africa, the Middle East and North Africa, Latin America and the Caribbean, and South Asia have not grown as high, but their growth is still significant, with net national incomes per capita in 2021 growing to between 10 and 20 times their 1970 levels.

This dataset provides values for HOUSEHOLDS DEBT TO INCOME reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2023, the United States had the highest gross household disposable income per capita in OECD countries adjusted for purchasing power parity. Their disposable income per capita was over 58,000 U.S. dollars. Luxembourg followed in second with around 50,500 U.S. dollars, with Switzerland in third.

Bermuda has the highest average income per adult in the world, reaching over 100,000 euros when accounting for purchasing power parity (PPP). Isle of Man and Qatar followed behind.