This dataset contains replication files for "The Fading American Dream: Trends in Absolute Income Mobility Since 1940" by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca, and Jimmy Narang. For more information, see https://opportunityinsights.org/paper/the-fading-american-dream/. A summary of the related publication follows. One of the defining features of the “American Dream” is the ideal that children have a higher standard of living than their parents. We assess whether the U.S. is living up to this ideal by estimating rates of “absolute income mobility” – the fraction of children who earn more than their parents – since 1940. We measure absolute mobility by comparing children’s household incomes at age 30 (adjusted for inflation using the Consumer Price Index) with their parents’ household incomes at age 30. We find that rates of absolute mobility have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s. Absolute income mobility has fallen across the entire income distribution, with the largest declines for families in the middle class. These findings are unaffected by using alternative price indices to adjust for inflation, accounting for taxes and transfers, measuring income at later ages, and adjusting for changes in household size. Absolute mobility fell in all 50 states, although the rate of decline varied, with the largest declines concentrated in states in the industrial Midwest, such as Michigan and Illinois. The decline in absolute mobility is especially steep – from 95% for children born in 1940 to 41% for children born in 1984 – when we compare the sons’ earnings to their fathers’ earnings. Why have rates of upward income mobility fallen so sharply over the past half-century? There have been two important trends that have affected the incomes of children born in the 1980s relative to those born in the 1940s and 1950s: lower Gross Domestic Product (GDP) growth rates and greater inequality in the distribution of growth. We find that most of the decline in absolute mobility is driven by the more unequal distribution of economic growth rather than the slowdown in aggregate growth rates. When we simulate an economy that restores GDP growth to the levels experienced in the 1940s and 1950s but distributes that growth across income groups as it is distributed today, absolute mobility only increases to 62%. In contrast, maintaining GDP at its current level but distributing it more broadly across income groups – at it was distributed for children born in the 1940s – would increase absolute mobility to 80%, thereby reversing more than two-thirds of the decline in absolute mobility. These findings show that higher growth rates alone are insufficient to restore absolute mobility to the levels experienced in mid-century America. Under the current distribution of GDP, we would need real GDP growth rates above 6% per year to return to rates of absolute mobility in the 1940s. Intuitively, because a large fraction of GDP goes to a small fraction of high-income households today, higher GDP growth does not substantially increase the number of children who earn more than their parents. Of course, this does not mean that GDP growth does not matter: changing the distribution of growth naturally has smaller effects on absolute mobility when there is very little growth to be distributed. The key point is that increasing absolute mobility substantially would require more broad-based economic growth. We conclude that absolute mobility has declined sharply in America over the past half-century primarily because of the growth in inequality. If one wants to revive the “American Dream” of high rates of absolute mobility, one must have an interest in growth that is shared more broadly across the income distribution.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Middle Point. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Middle Point, the median household income for the households where the householder is White increased by $4,874(9.85%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $49,501 in 2013 and $54,375 in 2023.
• Black or African American: As per the U.S. Census Bureau population data, in Middle Point, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 Middle Point.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-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 Middle Point median household income by race. You can refer the same here

United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 17.755 % in 2016. This records an increase from the previous number of 17.642 % for 2015. United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 14.701 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 23.170 % in 1960 and a record low of 10.495 % in 1986. United States US: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

This dataset is about book subjects. It has 3 rows and is filtered where the books is Anxiety in middle-class America : sociology of emotional insecurity in late modernity. It features 10 columns including number of authors, number of books, earliest publication date, and latest publication date.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Middle River. 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 Middle River. 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 Middle River, the median household income stands at $114,375 for householders within the 25 to 44 years age group, followed by $66,875 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $17,708.

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 Middle River median household income by age. You can refer the same here

Korea Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 2.673 % in 2016. This records an increase from the previous number of 2.543 % for 2015. Korea Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 1.896 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 5.491 % in 1985 and a record low of 0.012 % in 1972. Korea Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Georgia GE: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 1.538 % in 2016. This records an increase from the previous number of 1.446 % for 2015. Georgia GE: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 1.703 % from Dec 1993 (Median) to 2016, with 23 observations. The data reached an all-time high of 2.527 % in 2002 and a record low of 0.001 % in 1993. Georgia GE: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Middle Point. 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 Middle Point. 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 Middle Point, the median household income stands at $64,659 for householders within the 25 to 44 years age group, followed by $54,844 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $45,250.

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 Middle Point median household income by age. You can refer the same here

Ivory Coast CI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.523 % in 2016. This records an increase from the previous number of 1.421 % for 2015. Ivory Coast CI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 0.549 % from Dec 1964 (Median) to 2016, with 42 observations. The data reached an all-time high of 8.993 % in 1999 and a record low of 0.004 % in 1984. Ivory Coast CI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ivory Coast – Table CI.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

San Marino Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.671 % in 2016. This records an increase from the previous number of 0.033 % for 2015. San Marino Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 0.032 % from Dec 2000 (Median) to 2016, with 13 observations. The data reached an all-time high of 1.671 % in 2016 and a record low of 0.005 % in 2000. San Marino Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s San Marino – Table SM.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Finland FI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.946 % in 2016. This records a decrease from the previous number of 2.252 % for 2015. Finland FI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 2.049 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 4.908 % in 1960 and a record low of 0.827 % in 1988. Finland FI: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Finland – Table FI.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Costa Rica CR: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 18.447 % in 2023. This records an increase from the previous number of 17.950 % for 2022. Costa Rica CR: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 19.748 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 26.992 % in 1968 and a record low of 5.671 % in 1962. Costa Rica CR: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Weighted average;

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Middle township. 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 Middle township. 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 Middle township, the median household income stands at $98,471 for householders within the 45 to 64 years age group, followed by $96,800 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $69,700.

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 Middle township median household income by age. You can refer the same here

Comparison of the image of the USA with that of the Soviet Union as well as attitudes to questions of international policy. Topics: The survey was conducted with a split questionnaire. The common part contained the following questions: most important domestic and foreign policy problems of the country; attitudes to selected countries; desired East-West orientation of the country; stereotype concepts of Americans (list of characteristics); judgement on the influence of American culture on one´s own country; judgement on the American economic system and American foreign policy; attitude to stationing of American troops in the country; contacts with American soldiers; attitude to the conduct of Americans regarding blacks; sources of information about America; attitude to a military intervention by the Americans in the Formosa conflict; assumed result of the peaceful competition of the two great powers; judgement on cultural life as well as the education system in selected countries; desired military and political cooperation with the USA; party preference. Split A: Attitudes to atomic energy, China´s admission into the UN, American Middle and Far East policy; sympathies in case of a war between China and America; judgement on the danger of war (scale); judgement on the USA in comparison to the Soviet Union regarding their military strength and scientific progress; preferred military leadership power; judgement on the conduct of American and other soldiers (only in the Federal Republic); importance of non-military tasks of NATO. Split B: Attitude to selected heads of government, the leadership role of the USA and American foreign policy; assessment of the seriousness of the disarmament efforts of the superpowers; preferred position of one´s own country in a military conflict between the USA and the USSR as well as possibility of neutrality; knowledge about the situation of the disputed islands in the Formosa conflict; trust in NATO; judgement on the USA in comparison to the Soviet Union regarding economic progress (only in the Federal Republic) and existing social class differences. Interviewer rating: social class (not in France) and willingness of respondent to cooperate (only in the Federal Republic); number of contact attempts (not in Great Britain and Italy); city size; date of interview. The following questions were posed in France: house ownership; possession of a car; possession of a radio; employment of household help. The following question was posed in Great Britain: union membership. Also encoded was: identification of interviewer. Vergleich des Images der USA mit dem der Sowjetunion sowie Einstellungen zu Fragen der internationalen Politik. Themen: Die Erhebung wurde mit einem gegabelten Fragebogen durchgeführt. Im gemeinsamen Teil sind folgende Fragen enthalten: Wichtigste innen- und außenpolitische Probleme des Landes; Einstellungen zu ausgewählten Ländern; gewünschte Ost-West-Orientierung des Landes; stereotype Vorstellungen von Amerikanern (Eigenschaftsliste); Beurteilung des Einflusses der amerikanischen Kultur auf das eigene Land; Beurteilung des amerikanischen Wirtschaftssystems und der amerikanischen Außenpolitik; Einstellung zur Stationierung amerikanischer Truppen im Land; Kontakte zu amerikanischen Soldaten; Einstellung zum Verhalten der Amerikaner gegenüber Schwarzen; Informationsquellen über Amerika; Einstellung zu einem militärischen Eingreifen der Amerikaner im Formosa-Konflikt; vermuteter Ausgang des friedlichen Wettbewerbs der beiden Großmächte; Beurteilung des kulturellen Lebens sowie des Bildungssystems in ausgewählten Ländern; gewünschte militärische und politische Zusammenarbeit mit den USA; Parteipräferenz. Split A: Einstellungen zur Atomenergie, zur Aufnahme Chinas in die UNO, zur amerikanischen Mittel- und Fernostpolitik; Sympathien im Falle eines Krieges zwischen China und Amerika; Beurteilung der Kriegsgefahr (Skalometer); Beurteilung der USA im Vergleich zur Sowjetunion bezüglich ihrer militärischen Stärke und des wissenschaftlichen Fortschritts; präferierte militärische Führungsmacht; Beurteilung des Verhaltens amerikanischer und anderer Soldaten (nur in der Bundesrepublik); Wichtigkeit von nicht-militärischen Aufgaben der Nato. Split B: Einstellung zu ausgewählten Regierungschefs, zur Führungsrolle der USA und zur amerikanischen Außenpolitik; Einschätzung der Ernsthaftigkeit der Abrüstungsbemühungen der Supermächte; präferierte Position des eigenen Landes in einer kriegerischen Auseinandersetzung zwischen USA und UdSSR sowie Möglichkeit der Neutralität; Kenntnis der Lage der strittigen Inseln im Formosa-Konflikt; Vertrauen in die Nato; Beurteilung der USA im Vergleich zur Sowjetunion bezüglich des wirtschaftlichen Fortschritts (nur in der Bundesrepublik) und der vorhandenen Klassenunterschiede. Interviewerrating: Schichtzugehörigkeit (nicht in Frankreich) und Kooperationsbereitschaft des Befragten (nur in der Bundesrepublik); Anzahl der Kontaktversuche (nicht in Großbritannien und Italien); Ortsgröße; Interviewdatum. In Frankreich wurde zusätzlich gefragt: Hausbesitz; Autobesitz; Radiobesitz; Beschäftigung einer Hausangestellten. In Großbritannien wurde zusätzlich gefragt: Gewerkschaftsmitgliedschaft. Zusätzlich verkodet wurde: Intervieweridentifikation.

Jordan JO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 4.297 % in 2016. This records an increase from the previous number of 3.919 % for 2015. Jordan JO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 1.549 % from Dec 1962 (Median) to 2016, with 52 observations. The data reached an all-time high of 4.297 % in 2016 and a record low of 0.055 % in 1974. Jordan JO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jordan – Table JO.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Middle Inlet town. 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 Middle Inlet town. 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 Middle Inlet town, householders within the 45 to 64 years age group have the highest median household income at $83,500, followed by those in the 25 to 44 years age group with an income of $81,875. Meanwhile householders within the under 25 years age group report the second lowest median household income of $56,250. Notably, householders within the 65 years and over age group, had the lowest median household income at $52,617.

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 Middle Inlet town median household income by age. You can refer the same here

Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 18.004 % in 2016. This records an increase from the previous number of 17.855 % for 2015. Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 22.667 % from Dec 1960 (Median) to 2016, with 46 observations. The data reached an all-time high of 44.664 % in 1984 and a record low of 1.009 % in 1961. Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Jamaica JM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 5.495 % in 2016. This records an increase from the previous number of 4.143 % for 2015. Jamaica JM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 3.386 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 6.701 % in 1982 and a record low of 0.444 % in 1963. Jamaica JM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Equatorial Guinea GQ: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 6.004 % in 2016. This records a decrease from the previous number of 8.997 % for 2015. Equatorial Guinea GQ: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 0.550 % from Dec 1986 (Median) to 2016, with 27 observations. The data reached an all-time high of 8.997 % in 2015 and a record low of 0.000 % in 1999. Equatorial Guinea GQ: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Equatorial Guinea – Table GQ.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Togo TG: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 2.085 % in 2016. This records an increase from the previous number of 1.741 % for 2015. Togo TG: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 1.559 % from Dec 1962 (Median) to 2016, with 55 observations. The data reached an all-time high of 6.530 % in 1974 and a record low of 0.037 % in 1978. Togo TG: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Togo – Table TG.World Bank: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;