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.

Key information about UK Household Income per Capita

• United Kingdom Annual Household Income per Capita reached 34,805.008 USD in Dec 2023, compared with the previous value of 36,168.598 USD in Dec 2022.
• UK Annual Household Income per Capita data is updated yearly, available from Dec 1996 to Dec 2023, with an averaged value of 38,694.697 USD.
• The data reached an all-time high of 56,270.561 USD in Dec 2007 and a record low of 27,377.030 USD in Dec 1996.
• In the latest reports, Retail Sales of UK dropped 2.090 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Average Household Income and Average Household Size and converts it into USD. Office for National Statistics provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions.

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 ****** U.S. dollars. Luxembourg followed in second with around ****** U.S. dollars, with Switzerland in third.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Hillsborough County: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 3,799(2.26%) households where the householder is under 25 years old, 53,574(31.94%) households with a householder aged between 25 and 44 years, 67,798(40.42%) households with a householder aged between 45 and 64 years, and 42,561(25.37%) households where the householder is over 65 years old.
• In Hillsborough County, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

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

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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

In 2024, the monthly household income per person in Brazil varied considerably across the different federal units. The Distrito Federal, where the country's federal capital is located, had the highest per capita income, at 3,444 Brazilian reals per month. This figure was more than three times that of the state of Maranhão. The national average was 2,069 reals per capita per month.

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.

Key information about Spain Household Income per Capita

• Spain Annual Household Income per Capita reached 14,807.750 USD in Dec 2022, compared with the previous value of 15,385.010 USD in Dec 2021.
• Spain Annual Household Income per Capita data is updated yearly, available from Dec 2007 to Dec 2022, with an averaged value of 13,903.387 USD.
• The data reached an all-time high of 16,562.434 USD in Dec 2008 and a record low of 11,880.468 USD in Dec 2015.
• In the latest reports, Retail Sales of Spain grew 3.100 % YoY in Dec 2023.

CEIC converts Annual Household Income per Capita into USD. National Statistics Institute provides Average Household Income per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Annual Household Income per Capita covers Net Household Income only.

Key information about Romania Household Income per Capita

• Romania Annual Household Income per Capita reached 7,531.947 USD in Dec 2023, compared with the previous value of 6,591.522 USD in Dec 2022.
• Romania Annual Household Income per Capita data is updated yearly, available from Dec 2001 to Dec 2023, with an averaged value of 3,229.809 USD.
• The data reached an all-time high of 7,531.947 USD in Dec 2023 and a record low of 746.832 USD in Dec 2001.
• In the latest reports, Retail Sales of Romania grew 9.991 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita from annual Monthly Average Household Income multiplied by 12 and annual Average Household Size and converts it into USD. The National Institute of Statistics provides Household Income in local currency and Average Household Size. The National Bank of Romania average market exchange rate is used for currency conversions.

Key information about Brazil Household Income per Capita

• Brazil Annual Household Income per Capita reached 4,779.705 USD in Dec 2017, compared with the previous value of 4,272.395 USD in Dec 2016.
• Brazil Annual Household Income per Capita data is updated yearly, available from Dec 2016 to Dec 2017, with an averaged value of 4,526.050 USD.
• The data reached an all-time high of 4,779.705 USD in Dec 2017 and a record low of 4,272.395 USD in Dec 2016.
• In the latest reports, Retail Sales of Brazil dropped 2.265 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from Monthly Household Income per Capita multiplied by 12 and converts it into USD. The Brazilian Institute of Geography and Statistics provides Monthly Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Estonia Household Income per Capita

• Estonia Annual Household Income per Capita reached 14,235.697 USD in Dec 2023, compared with the previous value of 12,845.581 USD in Dec 2022.
• Estonia Annual Household Income per Capita data is updated yearly, available from Dec 2008 to Dec 2023, with an averaged value of 8,538.284 USD.
• The data reached an all-time high of 14,235.697 USD in Dec 2023 and a record low of 6,049.405 USD in Dec 2010.
• In the latest reports, Retail Sales of Estonia dropped 0.910 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Statistics Estonia provides Average Household Income per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers Household Disposable Income only.

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

Key information about Chile Household Income per Capita

• Chile Annual Household Income per Capita reached 7,633.224 USD in Dec 2022, compared with the previous value of 7,871.269 USD in Dec 2017.
• Chile Annual Household Income per Capita data is updated yearly, available from Dec 2012 to Dec 2022, with an averaged value of 7,871.269 USD.
• The data reached an all-time high of 8,507.414 USD in Dec 2012 and a record low of 7,633.224 USD in Dec 2022.
• In the latest reports, Retail Sales of Chile grew 2.340 % YoY in Apr 2024.

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

Graph and download economic data for Per Capita Personal Income in Los Angeles County, CA (PCPI06037) from 1969 to 2023 about Los Angeles County, CA; Los Angeles; personal income; per capita; CA; personal; income; and USA.

Key information about Croatia Household Income per Capita

• Croatia Annual Household Income per Capita reached 5,924.320 USD in Dec 2019, compared with the previous value of 5,566.719 USD in Dec 2018.
• Croatia Annual Household Income per Capita data is updated yearly, available from Dec 2010 to Dec 2019, with an averaged value of 4,971.687 USD.
• The data reached an all-time high of 5,924.320 USD in Dec 2019 and a record low of 4,378.842 USD in Dec 2015.
• In the latest reports, Retail Sales of Croatia grew 5.870 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Average Household Income and annual Average Household Size and converts it into USD. Croatian Bureau of Statistics provides Average Household Income in local currency and Average Household Size. Croatian National Bank average market exchange rate is used for currency conversions. Household Income covers Household Disposable Income only.

About 50.4 percent of the household income of private households in the U.S. were earned by the highest quintile in 2023, which are the upper 20 percent of the workers. In contrast to that, in the same year, only 3.5 percent of the household income was earned by the lowest quintile. This relation between the quintiles is indicative of the level of income inequality in the United States. Income inequalityIncome inequality is a big topic for public discussion in the United States. About 65 percent of U.S. Americans think that the gap between the rich and the poor has gotten larger in the past ten years. This impression is backed up by U.S. census data showing that the Gini-coefficient for income distribution in the United States has been increasing constantly over the past decades for individuals and households. The Gini coefficient for individual earnings of full-time, year round workers has increased between 1990 and 2020 from 0.36 to 0.42, for example. This indicates an increase in concentration of income. In general, 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. Income distribution is also affected by region. The state of New York had the widest gap between rich and poor people in the United States, with a Gini coefficient of 0.51, as of 2019. In global comparison, South Africa led the ranking of the 20 countries with the biggest inequality in income distribution in 2018. South Africa had a score of 63 points, based on the Gini coefficient. On the other hand, the Gini coefficient stood at 16.6 in Azerbaijan, indicating that income is widely spread among the population and not concentrated on a few rich individuals or families. Slovenia led the ranking of the 20 countries with the greatest income distribution equality in 2018.

In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 80,610 dollars in 2023. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.

Graph and download economic data for Per Capita Personal Income in San Diego County, CA (PCPI06073) from 1969 to 2023 about San Diego County, CA; San Diego; personal income; per capita; CA; personal; income; and USA.

In 2024, the national gross income per capita in Brazil amounted to around 9,950 U.S. dollars, an increase from 9,310 dollars per person in the previous year. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Excluding countries and territories in the Caribbean, Uruguay and Chile were the Latin American countries with the highest national income per capita. Demographic elements and income There are many factors that may influence the income level, such as gender, academic attainment, location, ethnicity, etc. The gender pay gap, for example, is significant in Brazil. As of 2024, the monthly income per capita of men was 3,549 Brazilian reals, while the figure was 2,793 reals in the case of women. Additionally, monthly per capita household income varies greatly from state to state; the figures registered in Distrito Federal and São Paulo more than double the income of federative units like Acre, Alagoas or Maranhão. A high degree of inequality The Gini coefficient measures the degree of income inequality on a scale from 0 (total equality of incomes) to 100 (total inequality). Between 2010 and 2023, Brazil's degree of inequality in wealth distribution based on the Gini coefficient reached 52. That year, Brazil was deemed one of the most unequal countries in Latin America. Although the latest result represented one of the worst values in recent years, the Gini index is projected to improve slightly in the near future.

Graph and download economic data for Real Disposable Personal Income: Per Capita (A229RX0) from Jan 1959 to May 2025 about disposable, personal income, per capita, personal, income, real, and USA.

Key information about Switzerland Household Income per Capita

• Switzerland Annual Household Income per Capita reached 60,075.602 USD in Dec 2022, compared with the previous value of 61,553.105 USD in Dec 2021.
• Switzerland Annual Household Income per Capita data is updated yearly, available from Dec 2006 to Dec 2022, with an averaged value of 54,698.146 USD.
• The data reached an all-time high of 61,553.105 USD in Dec 2021 and a record low of 36,733.069 USD in Dec 2006.
• In the latest reports, Retail Sales of Switzerland dropped 1.378 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Average Household Income and Average Household Size and converts it into USD. Swiss Federal Statistical Office provides Average Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions.