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.
In 2022, about 14.88 million households in the United States had an income of 200,000 U.S. dollars or more a year. Another 20.77 million households however, had an income of less than 25,000 U.S. dollars in the same year, The total number of households in the U.S. since 1960 can be found here.
U.S. citizens with a professional degree had the highest median household income in 2023, at 172,100 U.S. dollars. In comparison, those with less than a 9th grade education made significantly less money, at 35,690 U.S. dollars. Household income The median household income in the United States has fluctuated since 1990, but rose to around 70,000 U.S. dollars in 2021. Maryland had the highest median household income in the United States in 2021. Maryland’s high levels of wealth is due to several reasons, and includes the state's proximity to the nation's capital. Household income and ethnicity The median income of white non-Hispanic households in the United States had been on the rise since 1990, but declining since 2019. While income has also been on the rise, the median income of Hispanic households was much lower than those of white, non-Hispanic private households. However, the median income of Black households is even lower than Hispanic households. Income inequality is a problem without an easy solution in the United States, especially since ethnicity is a contributing factor. Systemic racism contributes to the non-White population suffering from income inequality, which causes the opportunity for growth to stagnate.
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Philippines Avg Family Income: 6 persons or more: PhP 250,000 and over data was reported at 526,000.000 PHP in 2015. This records an increase from the previous number of 519,000.000 PHP for 2012. Philippines Avg Family Income: 6 persons or more: PhP 250,000 and over data is updated yearly, averaging 522,500.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 526,000.000 PHP in 2015 and a record low of 519,000.000 PHP in 2012. Philippines Avg Family Income: 6 persons or more: PhP 250,000 and over 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.
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.
The table only covers individuals who have some liability to Income Tax. The percentile points have been independently calculated on total income before tax and total income after tax.
These statistics are classified as accredited official statistics.
You can find more information about these statistics and collated tables for the latest and previous tax years on the Statistics about personal incomes page.
Supporting documentation on the methodology used to produce these statistics is available in the release for each tax year.
Note: comparisons over time may be affected by changes in methodology. Notably, there was a revision to the grossing factors in the 2018 to 2019 publication, which is discussed in the commentary and supporting documentation for that tax year. Further details, including a summary of significant methodological changes over time, data suitability and coverage, are included in the Background Quality Report.
Individuals; Tax filers and dependants by total income, sex and age groups (final T1 Family File; T1FF).
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Philippines Family Income: Total: IC: Annual: PhP 250,000 and over data was reported at 4,072,708,000.000 PHP th in 2015. This records an increase from the previous number of 3,165,277,000.000 PHP th for 2012. Philippines Family Income: Total: IC: Annual: PhP 250,000 and over data is updated yearly, averaging 3,618,992,500.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 4,072,708,000.000 PHP th in 2015 and a record low of 3,165,277,000.000 PHP th in 2012. Philippines Family Income: Total: IC: Annual: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H016: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Income Class.
This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.
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Philippines Family Income: Total: EC: Annual: PhP 250,000 and over data was reported at 3,467,017,000.000 PHP th in 2015. This records an increase from the previous number of 2,668,331,000.000 PHP th for 2012. Philippines Family Income: Total: EC: Annual: PhP 250,000 and over data is updated yearly, averaging 3,067,674,000.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 3,467,017,000.000 PHP th in 2015 and a record low of 2,668,331,000.000 PHP th in 2012. Philippines Family Income: Total: EC: Annual: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H017: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Expenditure Class.
The statistic shows the most affluent towns in the United States for every state, sorted by their median household income between 2008 and 2012. Between 2008 and 2012, Hidden Hills, California and Chevy Chase, Maryland were the two most affluent U.S. towns, with a median household income of more than 250,000 U.S. dollars.
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Ave Family Income: IC: Philippines: PhP 250,000 and over data was reported at 516,000.000 PHP in 2015. This records an increase from the previous number of 508,000.000 PHP for 2012. Ave Family Income: IC: Philippines: PhP 250,000 and over data is updated yearly, averaging 512,000.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 516,000.000 PHP in 2015 and a record low of 508,000.000 PHP in 2012. Ave Family Income: IC: Philippines: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H018: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Income Class.
The graph shows the results of a survey on household money management carried out in Chile in 2016. When asked what their family income was, approximately 28 percent of respondents claimed to have a household income in the range of 250,000 and 500,000 Chilean pesos per month.
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Philippines Avg Family Exp: 5 persons or less: PhP 250,000 and over data was reported at 381,000.000 PHP in 2015. This records an increase from the previous number of 376,000.000 PHP for 2012. Philippines Avg Family Exp: 5 persons or less: PhP 250,000 and over data is updated yearly, averaging 378,500.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 381,000.000 PHP in 2015 and a record low of 376,000.000 PHP in 2012. Philippines Avg Family Exp: 5 persons or less: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H022: Family Income and Expenditure Survey: Average Annual Expenditure: By Family Size and Income Group.
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PTE: PhP 250,000 & over: FE: FCH: Meat data was reported at 5.200 % in 2015. This records a decrease from the previous number of 5.700 % for 2012. PTE: PhP 250,000 & over: FE: FCH: Meat data is updated yearly, averaging 5.450 % from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 5.700 % in 2012 and a record low of 5.200 % in 2015. PTE: PhP 250,000 & over: FE: FCH: Meat data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H026: Family Income and Expenditure Survey: Percentage Distribution of Family Expenditure: By Income Class.
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PTE: PhP 250,000 & over: Tobacco data was reported at 0.800 % in 2015. This records an increase from the previous number of 0.600 % for 2012. PTE: PhP 250,000 & over: Tobacco data is updated yearly, averaging 0.700 % from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 0.800 % in 2015 and a record low of 0.600 % in 2012. PTE: PhP 250,000 & over: Tobacco data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H026: Family Income and Expenditure Survey: Percentage Distribution of Family Expenditure: By Income Class.
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Ave Family Exp: EC: Philippines: PhP 250,000 and over data was reported at 446,000.000 PHP in 2015. This records an increase from the previous number of 444,000.000 PHP for 2012. Ave Family Exp: EC: Philippines: PhP 250,000 and over data is updated yearly, averaging 445,000.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 446,000.000 PHP in 2015 and a record low of 444,000.000 PHP in 2012. Ave Family Exp: EC: Philippines: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H019: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Expenditure Class.
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Philippines No. of Families: IC: Annual: PhP 250,000 and over data was reported at 7,888,000.000 Unit in 2015. This records an increase from the previous number of 6,228,000.000 Unit for 2012. Philippines No. of Families: IC: Annual: PhP 250,000 and over data is updated yearly, averaging 7,058,000.000 Unit from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 7,888,000.000 Unit in 2015 and a record low of 6,228,000.000 Unit in 2012. Philippines No. of Families: IC: Annual: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H014: Family Income and Expenditure Survey: No of Families: By Income Class and Main Source of Income.
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Philippines Avg Family Exp: 6 persons or more: PhP 250,000 and over data was reported at 399,000.000 PHP in 2015. This stayed constant from the previous number of 399,000.000 PHP for 2012. Philippines Avg Family Exp: 6 persons or more: PhP 250,000 and over data is updated yearly, averaging 399,000.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 399,000.000 PHP in 2015 and a record low of 399,000.000 PHP in 2015. Philippines Avg Family Exp: 6 persons or more: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H022: Family Income and Expenditure Survey: Average Annual Expenditure: By Family Size and Income Group.
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Philippines Family Expenditure: Total: IC: Annual: PhP 250,000 and over data was reported at 3,060,424,000.000 PHP th in 2015. This records an increase from the previous number of 2,399,641,000.000 PHP th for 2012. Philippines Family Expenditure: Total: IC: Annual: PhP 250,000 and over data is updated yearly, averaging 2,730,032,500.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 3,060,424,000.000 PHP th in 2015 and a record low of 2,399,641,000.000 PHP th in 2012. Philippines Family Expenditure: Total: IC: Annual: PhP 250,000 and over data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H016: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Income Class.
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.