This statistic shows the median household income in the United States from 1970 to 2020, by income tier. In 2020, the median household income for the middle class stood at 90,131 U.S. dollars, which was approximately a 50 percent increase from 1970. However, the median income of upper income households in the U.S. increased by almost 70 percent compared to 1970.

Graph and download economic data for Median Personal Income in the United States (MEPAINUSA646N) from 1974 to 2023 about personal income, personal, median, income, and USA.

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.

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.

For the Companies of Persons the data of all the assets present in the supply are exposed: - Dominicale: Framework RA line 27 column 11; - Agrarians: Framework RA line 27 column 12; - Breeding: framework RN row 5 column 1; - Buildings: framework RN line 6 column 1; - Self-employment: framework RN line 3 column 1; - Business Income in Ordinary Accounting: box RN line 1 column 1 if positive; - Business Loss in Ordinary Accounting: box RN line 1 column 1 if negative; - Simplified Accounting Business Income: box RN line 2 column 1 if positive; - Simplified Accounting Business Loss: box RN line 2 column 1 if negative; - Participation: framework RN column 1, column 1a, column 1b of row 8; - Capital gains: Framework RN line 7 column 1; - Capital: framework RL line 3 column 2; - Miscellaneous: Framework RL line 12 column 1; - Reserves established before processing: framework RN row 10 column 1; - Total income: sum of previous income; - Separate taxation: Framework RN Row 11 Column 1. For each asset, both the frequency and the amount are reported: the frequency indicates the number of entities that have the corresponding non-zero amount.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Omak, WA, 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, Omak did not include 5, 6, or 7-person households. Across the different household sizes in Omak the mean income is $73,820, and the standard deviation is $37,086. The coefficient of variation (CV) is 50.24%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $25,813. It then further increased to $115,280 for 4-person households, the largest household size for which the bureau reported a median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 2023 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 Omak median household income. You can refer the same here

About this dataset

Context

The dataset presents median household incomes for various household sizes in Florence, SC, 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, all of the household sizes were found in Florence. Across the different household sizes in Florence the mean income is $79,075, and the standard deviation is $26,087. The coefficient of variation (CV) is 32.99%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $28,801. It then further increased to $77,708 for 7-person households, the largest household size for which the bureau reported a median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 2023 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 Florence median household income. You can refer the same here

About this dataset

Context

The dataset presents a breakdown of households across various income brackets in Georgia, as reported by the U.S. Census Bureau. The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for Georgia reveals how household income distribution varies among these categories. The dataset highlights the variation in number of households with income, offering valuable insights into the distribution of Georgia households based on income levels.

Key observations

• For Family Households: In Georgia, the majority of family households, representing 14.27%, earn $200,000 or more, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 1.86%, have incomes falling $150,000 to $199,999, representing a smaller but still significant segment of the community.
• For Non-Family Households: In Georgia, the majority of non-family households, accounting for 11.21%, have income $75,000 to $99,999, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 3.71%, earn $150,000 to $199,999, representing a smaller, yet notable, portion of non-family households in the community.

Content

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

Income Levels:

• 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
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Income Level: The income level represents the income brackets ranging from Less than $10,000 to $200,000 or more in Georgia (As mentioned above).
• All Households: Count of households for the specified income level
• % All Households: Percentage of households at the specified income level relative to the total households in Georgia
• Family Households: Count of family households for the specified income level
• % Family Households: Percentage of family households at the specified income level relative to the total family households in Georgia
• Non-Family Households: Count of non-family households for the specified income level
• % Non-Family Households: Percentage of non-family households at the specified income level relative to the total non-family households in Georgia

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 Georgia median household income. You can refer the same here

Families of tax filers; Single-earner and dual-earner census families by number of children (final T1 Family File; T1FF).

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Texas: 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 500,731(4.66%) households where the householder is under 25 years old, 4,035,035(37.54%) households with a householder aged between 25 and 44 years, 3,856,052(35.88%) households with a householder aged between 45 and 64 years, and 2,355,422(21.92%) households where the householder is over 65 years old.
• The age group of 45 to 64 years exhibits the highest median household income, while the largest number of households falls within the 25 to 44 years bracket. This distribution hints at economic disparities within the state of Texas, showcasing varying income levels among different age demographics.

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

Key information about South Korea Household Income per Capita

• South Korea Annual Household Income per Capita reached 19,208.928 USD in Dec 2024, compared with the previous value of 19,230.954 USD in Dec 2023.
• South Korea Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2024, with an averaged value of 14,290.376 USD.
• The data reached an all-time high of 19,230.954 USD in Dec 2023 and a record low of 7,685.194 USD in Dec 2003.
• In the latest reports, Retail Sales of South Korea dropped 0.473 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from quarterly Monthly Household Income multiplied by 3 and quarterly Average Household Size and converts it into USD. Statistics Korea provides Household Income in local currency and Average Household Size. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income excludes single person and farm households. Household Income per Capita prior to 2019 is based on old methodology.

By 2030, the middle-class population in Asia-Pacific is expected to increase from 1.38 billion people in 2015 to 3.49 billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from 114 million in 2015 to 212 million in 2030.

Worldwide wealth

While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around 57 percent of the world’s population had assets valued at less than 10,000 U.S. dollars; while less than one percent had assets of more than million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percent of non-investable assets.

The middle-class

The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth to the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle-class.

Graph and download economic data for U.S Individual Income Tax: Tax Rates for Regular Tax: Lowest Bracket (IITTRLB) from 1913 to 2018 about individual, tax, income, rate, and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Fulton County, NY, 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, all of the household sizes were found in Fulton County. Across the different household sizes in Fulton County the mean income is $78,938, and the standard deviation is $22,679. The coefficient of variation (CV) is 28.73%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $35,595. It then further increased to $89,457 for 7-person households, the largest household size for which the bureau reported a median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 2023 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 Fulton County median household income. You can refer the same here

About this dataset

Context

The dataset presents median household incomes for various household sizes in Attleboro, MA, 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, all of the household sizes were found in Attleboro. Across the different household sizes in Attleboro the mean income is $124,260, and the standard deviation is $60,224. The coefficient of variation (CV) is 48.47%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $39,282. It then further increased to $125,724 for 7-person households, the largest household size for which the bureau reported a median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 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 2023 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 Attleboro median household income. You can refer the same here

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

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.

analyze the survey of income and program participation (sipp) with r if the census bureau's budget was gutted and only one complex sample survey survived, pray it's the survey of income and program participation (sipp). it's giant. it's rich with variables. it's monthly. it follows households over three, four, now five year panels. the congressional budget office uses it for their health insurance simulation . analysts read that sipp has person-month files, get scurred, and retreat to inferior options. the american community survey may be the mount everest of survey data, but sipp is most certainly the amazon. questions swing wild and free through the jungle canopy i mean core data dictionary. legend has it that there are still species of topical module variables that scientists like you have yet to analyze. ponce de león would've loved it here. ponce. what a name. what a guy. the sipp 2008 panel data started from a sample of 105,663 individuals in 42,030 households. once the sample gets drawn, the census bureau surveys one-fourth of the respondents every four months, over f our or five years (panel durations vary). you absolutely must read and understand pdf pages 3, 4, and 5 of this document before starting any analysis (start at the header 'waves and rotation groups'). if you don't comprehend what's going on, try their survey design tutorial. since sipp collects information from respondents regarding every month over the duration of the panel, you'll need to be hyper-aware of whether you want your results to be point-in-time, annualized, or specific to some other period. the analysis scripts below provide examples of each. at every four-month interview point, every respondent answers every core question for the previous four months. after that, wave-specific addenda (called topical modules) get asked, but generally only regarding a single prior month. to repeat: core wave files contain four records per person, topical modules contain one. if you stacked every core wave, you would have one record per person per month for the duration o f the panel. mmmassive. ~100,000 respondents x 12 months x ~4 years. have an analysis plan before you start writing code so you extract exactly what you need, nothing more. better yet, modify something of mine. cool? this new github repository contains eight, you read me, eight scripts: 1996 panel - download and create database.R 2001 panel - download and create database.R 2004 panel - download and create database.R 2008 panel - download and create database.R since some variables are character strings in one file and integers in anoth er, initiate an r function to harmonize variable class inconsistencies in the sas importation scripts properly handle the parentheses seen in a few of the sas importation scripts, because the SAScii package currently does not create an rsqlite database, initiate a variant of the read.SAScii function that imports ascii data directly into a sql database (.db) download each microdata file - weights, topical modules, everything - then read 'em into sql 2008 panel - full year analysis examples.R< br /> define which waves and specific variables to pull into ram, based on the year chosen loop through each of twelve months, constructing a single-year temporary table inside the database read that twelve-month file into working memory, then save it for faster loading later if you like read the main and replicate weights columns into working memory too, merge everything construct a few annualized and demographic columns using all twelve months' worth of information construct a replicate-weighted complex sample design with a fay's adjustment factor of one-half, again save it for faster loading later, only if you're so inclined reproduce census-publish ed statistics, not precisely (due to topcoding described here on pdf page 19) 2008 panel - point-in-time analysis examples.R define which wave(s) and specific variables to pull into ram, based on the calendar month chosen read that interview point (srefmon)- or calendar month (rhcalmn)-based file into working memory read the topical module and replicate weights files into working memory too, merge it like you mean it construct a few new, exciting variables using both core and topical module questions construct a replicate-weighted complex sample design with a fay's adjustment factor of one-half reproduce census-published statistics, not exactly cuz the authors of this brief used the generalized variance formula (gvf) to calculate the margin of error - see pdf page 4 for more detail - the friendly statisticians at census recommend using the replicate weights whenever possible. oh hayy, now it is. 2008 panel - median value of household assets.R define which wave(s) and spe cific variables to pull into ram, based on the topical module chosen read the topical module and replicate weights files into working memory too, merge once again construct a replicate-weighted complex sample design with a...