Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, income, median, 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.

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.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Olney Springs, CO, 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, only 1, and 5-person households were found in Olney Springs. Across the different household sizes in Olney Springs the mean income is $40,712, and the standard deviation is $39,740. The coefficient of variation (CV) is 97.61%. 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 $12,611. It then further increased to $68,812 for 5-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/olney-springs-co-median-household-income-by-household-size.jpeg" alt="Olney Springs, CO 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 Olney Springs median household income. You can refer the same here

Graph and download economic data for Median Household Income in the United States (MEHOINUSA646N) from 1984 to 2023 about households, median, income, and USA.

The median family income in the United States grew to 100,800 U.S. dollars in 2023, an increase on the previous year. Family income is the total income earned by all family members who have been living in the household for at least one year and are at least 14 years old.

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

Graph and download economic data for Mean Family Income in the United States (MAFAINUSA646N) from 1953 to 2023 about family, average, income, and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Black, AL, 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, Black did not include 3, 5, 6, or 7-person households. Across the different household sizes in Black the mean income is $48,169, and the standard deviation is $25,099. The coefficient of variation (CV) is 52.11%. 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 $20,267. It then further increased to $55,333 for 4-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/black-al-median-household-income-by-household-size.jpeg" alt="Black, AL 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 Black median household income. You can refer the same here

Families of tax filers; Census families by total income, family type and number of children (final T1 Family File; T1FF).

In 2022, the median annual family income of couple families in Canada increased by 3,830 dollars (+3.58 percent) since 2021. With 110,850 dollars, the median annual income thereby reached its highest value in the observed period.

Low income cut-offs (LICOs) before and after tax by community size and family size, in current dollars, annual.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Montana, 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 Montana. Across the different household sizes in Montana the mean income is $85,765, and the standard deviation is $26,434. The coefficient of variation (CV) is 30.82%. 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 $34,283. It then further increased to $119,416 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/montana-median-household-income-by-household-size.jpeg" alt="Montana 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 Montana median household income. You can refer the same here

In 2023, the median household income in Florida amounted to 72,200 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 65,370 U.S. dollars. Data for the median income in the United States as a whole can be found here.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Edina, MN, 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, Edina did not include 7-person households. Across the different household sizes in Edina the mean income is $194,368, and the standard deviation is $89,171. The coefficient of variation (CV) is 45.88%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households. Please note that the U.S. Census Bureau uses $250,001 as a JAM value to report incomes of $250,000 or more. In the case of Edina, there were 2 household sizes where the JAM values were used. Thus, the numbers for the mean and standard deviation may not be entirely accurate and have a higher possibility of errors. However, to obtain an approximate estimate, we have used a value of $250,001 as the income for calculations, as reported in the datasets by the U.S. Census Bureau.
• 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 $52,380. It then further increased to $270,229 for 6-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/edina-mn-median-household-income-by-household-size.jpeg" alt="Edina, MN 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 Edina median household income. You can refer the same here

U.S. citizens with a professional degree had the highest median household income in 2023, at 172,100 U.S. dollars. In comparison, those with less than a 9th grade education made significantly less money, at 35,690 U.S. dollars. Household income The median household income in the United States has fluctuated since 1990, but rose to around 70,000 U.S. dollars in 2021. Maryland had the highest median household income in the United States in 2021. Maryland’s high levels of wealth is due to several reasons, and includes the state's proximity to the nation's capital. Household income and ethnicity The median income of white non-Hispanic households in the United States had been on the rise since 1990, but declining since 2019. While income has also been on the rise, the median income of Hispanic households was much lower than those of white, non-Hispanic private households. However, the median income of Black households is even lower than Hispanic households. Income inequality is a problem without an easy solution in the United States, especially since ethnicity is a contributing factor. Systemic racism contributes to the non-White population suffering from income inequality, which causes the opportunity for growth to stagnate.

This table is part of a series of tables that present a portrait of Canada based on the various census topics. The tables range in complexity and levels of geography. Content varies from a simple overview of the country to complex cross-tabulations; the tables may also cover several censuses.

This table is part of a series of tables that present a portrait of Canada based on the various census topics. The tables range in complexity and levels of geography. Content varies from a simple overview of the country to complex cross-tabulations; the tables may also cover several censuses.

Japanese households had an average annual income of approximately *** million Japanese yen in 2024, constituting an increase of *** percent compared to the previous year. Stagnant wages and regional income disparitiesHousehold income refers to the combined gross income of all household members aged 15 years and older, regardless of relation. While the average number of household members was **** in 2022, there were only about **** earners per household. A look at the time series reveals that the average income stagnated in the last ten years. Japan’s well-beingOften cited with family income and per capita income, the annual average household income is a useful economic indicator of a country’s living standard and individual wealth. In terms of well-being, Japan’s performance is mixed compared to other OECD countries. While low labor market insecurity and a high employment rate indicate Japan is performing well relative to other OECD countries, average earnings, as well as household net adjusted disposable income were lower than the OECD average.

This table is part of a series of tables that present a portrait of Canada based on the various census topics. The tables range in complexity and levels of geography. Content varies from a simple overview of the country to complex cross-tabulations; the tables may also cover several censuses.