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.

In 2023, the median annual family income in the District of Columbia was 157,210 U.S. dollars, the highest of any state. Comparatively, the median family income for Mississippi was 72,259 U.S. dollars. For the United States as a whole, the median annual family income was 96,401 U.S. dollars.

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.

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 Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, 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.

Residents of the District of Columbia had the highest personal income per capita in 2023, at ******* U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at ****** U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.

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.

In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.

Household Income: United States data was reported at 80,610.000 USD in 2023. This records an increase from the previous number of 74,580.000 USD for 2022. Household Income: United States data is updated yearly, averaging 34,080.000 USD from Mar 1967 (Median) to 2023, with 57 observations. The data reached an all-time high of 80,610.000 USD in 2023 and a record low of 7,143.000 USD in 1967. Household Income: United States data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.H: Household Income: by State.

Graph and download economic data for Real Mean Family Income in the United States (MAFAINUSA672N) from 1953 to 2023 about family, average, income, real, and USA.

As of 2022, the average income per Mexican household was leading in the state of Baja California Sur with an amount of ****** Mexican pesos per quarter, followed by monetary amount was Mexico City.

In 2023, around 10.3 percent of U.S. private households had an annual income between 35,000 and 49,999 U.S. dollars in the United States. Income levels between 100,000 to 149,999 U.S. dollars made up the largest share of the population at 16.5 percent in 2023.

In 2023, the national per capita disposable personal income was ****** U.S. dollars. In the same year, the total per capita disposable personal income in the state of Connecticut was ****** U.S. dollars.

About this dataset

Context

The dataset presents median household incomes for various household sizes in State Line City, IN, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, State Line City did not include 4, 5, 6, or 7-person households. Across the different household sizes in State Line City the mean income is $64,968, and the standard deviation is $33,244. The coefficient of variation (CV) is 51.17%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $36,144. It then further increased to $101,336 for 3-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/state-line-city-in-median-household-income-by-household-size.jpeg" alt="State Line City, IN median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

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

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

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 State Line City median household income. You can refer the same here

In 2022, San Francisco had the highest median household income of cities ranking within the top 25 in terms of population, with a median household income in of 136,692 U.S. dollars. In that year, San Jose in California was ranked second, and Seattle, Washington third.

Following a fall after the great recession, median household income in the United States has been increasing in recent years. As of 2022, median household income by state was highest in Maryland, Washington, D.C., Utah, and Massachusetts. It was lowest in Mississippi, West Virginia, and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.26 million households.

Data on median household income can be compared to statistics on personal income in the U.S. released by the Bureau of Economic Analysis. Personal income rose to around 21.8 trillion U.S. dollars in 2022, the highest value recorded. Personal income is a measure of the total income received by persons from all sources, while median household income is “the amount with divides the income distribution into two equal groups,” according to the U.S. Census Bureau. Half of the population in question lives above median income and half lives below. Though total personal income has increased in recent years, this wealth is not distributed throughout the population. In practical terms, income of most households has decreased. One additional statistic illustrates this disparity: for the lowest quintile of workers, mean household income has remained more or less steady for the past decade at about 13 to 16 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 285,000 U.S. dollars in 1990 to about 499,900 U.S. dollars in 2020.

United States Household Income: Massachusetts data was reported at 73,227.000 USD in 2017. This records an increase from the previous number of 72,266.000 USD for 2016. United States Household Income: Massachusetts data is updated yearly, averaging 48,304.000 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 73,227.000 USD in 2017 and a record low of 26,959.000 USD in 1984. United States Household Income: Massachusetts data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.

United States Household Income: Hawaii data was reported at 73,575.000 USD in 2017. This records an increase from the previous number of 72,133.000 USD for 2016. United States Household Income: Hawaii data is updated yearly, averaging 47,371.000 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 73,575.000 USD in 2017 and a record low of 28,877.000 USD in 1984. United States Household Income: Hawaii data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.

United States Household Income: Maryland data was reported at 81,084.000 USD in 2017. This records an increase from the previous number of 73,760.000 USD for 2016. United States Household Income: Maryland data is updated yearly, averaging 52,922.000 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 81,084.000 USD in 2017 and a record low of 29,708.000 USD in 1984. United States Household Income: Maryland data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.

United States Household Income: Mississippi data was reported at 43,441.000 USD in 2017. This records an increase from the previous number of 41,099.000 USD for 2016. United States Household Income: Mississippi data is updated yearly, averaging 31,610.000 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 43,441.000 USD in 2017 and a record low of 15,430.000 USD in 1984. United States Household Income: Mississippi data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.