In 2024, Massachusetts recorded the highest median household income in the United States, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars. Overall, the median income for households in the U.S. was at 83,730 U.S. dollars that year.

Graph and download economic data for Median Household Income in the United States (MEHOINUSA646N) from 1984 to 2024 about households, median, income, and USA.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2024 about family, median, income, real, and USA.

In 2025, just over 45 percent of American households had an annual income that was less than 75,000 U.S. dollars. On the other hand, some 16 percent had an annual income of 200,000 U.S. dollars or more. The median household income in the country reached almost 84,000 U.S. dollars in 2024. 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. Massachusetts, New Hampshire, and Maryland were among the states with the highest median household income in 2024. In terms of income by race and ethnicity, the average income of Asian households was highest, at over 120,000 U.S. dollars, while the median income among Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates the poverty threshold based on the income of various household types. As of 2023, the threshold for a single-person household was 15,480 U.S. dollars. For a family of four, the poverty line increased to 31,200 U.S. dollars. There were an estimated 38.9 million people living in poverty across the United States in 2024, which reflects a poverty rate of 10.6 percent.

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

In 2024, the median household income in the United States was 83,730 U.S. dollars. This reflected an increase from the previous year. Household income The 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 varied from state to state. In 2024, Massachusetts recorded the highest median household income in the country, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars.Household income is also used to determine the poverty rate in the United States. In 2024, 10.6 percent of the U.S. population was living below the national poverty line. This was the lowest level since 2019. Similarly, the child poverty rate, which represents people under the age of 18 living in poverty, reached a three-decade low of 14.3 percent of the children. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.52 in 2024. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality, while a score of one indicates complete inequality.

Mexico Average Quarterly Household Income data was reported at 63,695.000 MXN in 2022. This records an increase from the previous number of 50,309.000 MXN for 2020. Mexico Average Quarterly Household Income data is updated yearly, averaging 46,285.000 MXN from Dec 2006 (Median) to 2022, with 9 observations. The data reached an all-time high of 63,695.000 MXN in 2022 and a record low of 39,719.000 MXN in 2014. Mexico Average Quarterly Household Income data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H024: Average Quarterly Household Income.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in United States: 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 4,740,400(3.72%) households where the householder is under 25 years old, 41,748,013(32.75%) households with a householder aged between 25 and 44 years, 46,534,687(36.50%) households with a householder aged between 45 and 64 years, and 34,459,765(27.03%) households where the householder is over 65 years old.
• In United States, 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 United States median household income by age. You can refer the same here

Graph and download economic data for Median Household Income in California (MEHOINUSCAA646N) from 1984 to 2024 about CA, households, median, income, and USA.

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.

Graph and download economic data for Real Median Household Income in the District of Columbia (MEHOINUSDCA672N) from 1984 to 2024 about DC, households, median, income, real, and USA.

Finland Average Household Income per Household data was reported at 49,786.000 EUR in 2023. This records a decrease from the previous number of 52,262.000 EUR for 2022. Finland Average Household Income per Household data is updated yearly, averaging 48,666.000 EUR from Dec 1987 (Median) to 2023, with 37 observations. The data reached an all-time high of 54,941.000 EUR in 2021 and a record low of 34,367.000 EUR in 1987. Finland Average Household Income per Household data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.H014: Average Household Income and Number of Household.

Includes median household income in the past twelve months (in 2022 inflation-adjusted dollars). Geography-specific median household income are calculated as the population-weighted averages of the median household incomes within their respective 2020 census tracts. Median household income is defined as the amount that divides the household income distribution of a population into two equal groups; half of the population has a household income above that amount, whereas the other half has a household income below that amount. Household income is an important driver of life expectancy and other health outcomes, as individuals with higher household incomes, on average, experience better health and live longer than individuals with lower household incomes. This is largely due to increased access to opportunities, resources, and healthier living conditions that higher income individuals experience compared to lower income individuals.For more information about the Community Health Profiles Data Initiative, please see the initiative homepage.

Graph and download economic data for Mean Family Income in the United States (MAFAINUSA646N) from 1953 to 2024 about family, average, income, and USA.

In 2024 the median annual income of Asian households in the United States was 121,700 U.S. dollars. They were followed by White households, who's median earnings were 92,530 U.S. dollars. Furthermore, Black Americans and American Indian and Alaska Native families had the lowest household incomes. That year, median income among all U.S. household rose to 83,730 U.S. dollars.

Iran Household Income: Average: Urban data was reported at 439,275,502.000 IRR in 2018. This records an increase from the previous number of 392,373,296.000 IRR for 2017. Iran Household Income: Average: Urban data is updated yearly, averaging 123,948,935.000 IRR from Mar 2002 (Median) to 2018, with 17 observations. The data reached an all-time high of 439,275,502.000 IRR in 2018 and a record low of 31,674,194.000 IRR in 2002. Iran Household Income: Average: Urban data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.H001: Household Income and Expenditure: Urban.

Graph and download economic data for Real Median Household Income in Ohio (MEHOINUSOHA672N) from 1984 to 2024 about OH, households, median, income, real, and USA.

Key information about Taiwan Household Income per Capita

• Taiwan Annual Household Income per Capita reached 16,579.939 USD in Dec 2024, compared with the previous value of 16,605.530 USD in Dec 2023.
• Taiwan Annual Household Income per Capita data is updated yearly, available from Dec 1984 to Dec 2024, with an averaged value of -3.120 USD.
• The data reached an all-time high of 3,137.827 USD in Jun 2007 and a record low of -5,234.685 USD in Sep 2017.
• In the latest reports, Retail Sales of Taiwan grew 1.534 % YoY in Oct 2025.

CEIC calculates Annual Household Income per Capita from annual Average Household Income and Average Household Size and converts it into USD. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Average Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.992 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 7,177.112 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 1.800 % YoY in Sep 2025.

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.

Women and Men in Spain: Average annual net income per household, person and consumption unit, by type of household. Annual. National.