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.

In 2022, about 14.88 million households in the United States had an income of 200,000 U.S. dollars or more a year. Another 20.77 million households however, had an income of less than 25,000 U.S. dollars in the same year, The total number of households in the U.S. since 1960 can be found here.

In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that the United States is a country where hard work and pulling yourself up by your bootstraps will inevitably lead to success, this is often not the case. In 2023, 7.4 percent of U.S. households had an annual income under 15,000 U.S. dollars. With such a small percentage of people in the United States owning such a vast majority of the country’s wealth, the gap between the rich and poor in America remains stark. The top one percent The United States follows closely behind China as the country with the most billionaires in the world. Elon Musk alone held around 219 billion U.S. dollars in 2022. Over the past 50 years, the CEO-to-worker compensation ratio has exploded, causing the gap between rich and poor to grow, with some economists theorizing that this gap is the largest it has been since right before the Great Depression.

Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

Graph and download economic data for Share of Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSB50215) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

blockgroupvulnerability OPPORTUNITY The US Centers for Disease Control (CDC) publishes a set of percentiles that compare US geographies by vulnerability across household, socioeconomic, racial/ethnic and housing themes. These Social Vulnerability Indexes (SVI) were originally intended to to help public health officials and emergency response planners identify communities that will need support around an event. They are generally valuable for any public interest that wants to relate themselves to needy communities by geography. The SVI publication and its basis variables are provided at the Census tract level of geographic detail. The Census' American Community Survey is available down the to the block group level, however. Recasting the SVI methods at this lower level of geography allows it to be tied to thousands of other demographic variables available. Because the SVI relies on ACS variables only available at the tract level, a projection model needs to applied to approximate its results using blockgroup level ACS variables. The blockgroupvulnerability dataset casts a prediction for the CDCs logic for a new contribution to the Open Environments blockgroup series available on Harvard's dataverse platform. DATA The CDC's annual SVI publication starts with 23 simple derivations using 50 ACS Census variables. Next the SVI process ranks census geographies to calculate a rank for each, where Percentile Rank = (Rank-1) / (N-1). The SVI themes are then calculated at the tract level as a percentile rank of a sum of the percentile ranks of the first level ACS derived variables. Finally, the overall ranking is taken as the sum of the theme percentile rankings. The SVI data publication is keyed by geography (7 cols) where ultimately the Census Tract FIPS code is 2 State + 3 County + 4 Tract + 2 Tract Decimals eg, 56043000301 is 56 Wyoming, 043 Washakie County, Tract 3.01 republishes Census demographics called 'adjunct variables' including area, population, households and housing units from the ACS daytime population taken from LandScan 2020 estimates derives 23 SVI variables from 50 ACS 5 Year variables with each having an estimate (E_), estimate precentage (EP_), margin of error (M_), margin percentage (MP_) and flag variable (F_) for those greater than 90% or less than 10% provides the final 4 themes and a composite SVI percentile annually vars = ['ST', 'STATE', 'ST_ABBR', 'STCNTY', 'COUNTY', 'FIPS', 'LOCATION'] +\ ['SNGPNT','LIMENG','DISABL','AGE65','AGE17','NOVEH','MUNIT','MOBILE','GROUPQ','CROWD','UNINSUR','UNEMP','POV150','NOHSDP','HBURD','TWOMORE','OTHERRACE','NHPI','MINRTY','HISP','ASIAN','AIAN','AFAM','NOINT'] +\ ['TOTAL','THEME1','THEME2','THEME3','THEME4'] + \ ['AREA_SQMI', 'TOTPOP', 'DAYPOP', 'HU', 'HH'] knowns = vars + \ # Estimates, the result of calc against ACS vars [('E_'+v) for v in vars] + \ # Flag 0,1 whether this geog is in 90 percentile rank (its vulnerable) [('F_'+v) for v in vars] +\ # Margine of error for ACS calcs [('M_'+v) for v in vars] + \ # Margine of error for ACS calcs, as percentage [('MP_'+v) for v in vars] +\ # Estimates of ACS calcs, as percentage [('EP_'+v) for v in vars] + \ # Estimated percentile ranks [('EPL_'+v) for v in vars] + \ # Sum across var percentile ranks [('SPL_'+v) for v in vars]+ \ # Percentile rank of the sum of percentile ranks [('RPL_'+v) for v in vars] [c for c in svitract.columns if c not in knowns] The SVI themes range over [0,1] but the CDC uses -999 as an NA value; this is set for ~800 or 1% of tracts which have no total poulation. The themes are numbered: Socioeconomic Status – RPL_THEME1 Household Characteristics – RPL_THEME2 Racial & Ethnic Minority Status – RPL_THEME3 Housing Type & Transportation – RPL_THEME4 The themes with their variables and ACS sources are as follows: Unlike Census data, the CDC ranks Puerto Rico and Tribal tracts separately from the US otherwise. Theme SVI Variable ACS Table ACS Variables Socioeconomic E_UNINSUR S2701 S2701_C04_001E Socioeconomic E_UNEMP DP03 DP03_0005E Socioeconomic E_POV150 S1701 S1701_C01_040E Socioeconomic E_NOHSDP B06009 B06009_002E Socioeconomic E_HBURD S2503 S2503_C01_028E + S2503_C01_032E + S2503_C01_036E + S2503_C01_040E Household E_SNGPNT B11012 B11012_010E + B11012_015E Household E_LIMENG B16005 B16005_007E + B16005_008E + B16005_012E + B16005_013E + B16005_017E + B16005_018E + B16005_022E + B16005_023E + B16005_029E + B16005_030E + B16005_034E + B16005_035E + B16005_039E + B16005_040E + B16005_044E + B16005_045E Household E_DISABL DP02 DP02_0072E Household E_AGE65 S0101 S0101_C01_030E Household E_AGE17 B09001 B09001_001E Racial & Ethnic E_TWOMORE DP05 DP05_0083E Racial & Ethnic E_OTHERRACE DP05 DP05_0082E Racial & Ethnic E_NHPI DP05 DP05_0081E Racial & Ethnic E_MINRTY DP05 DP05_0071E + DP05_0078E + DP05_0079E + DP05_0080E + DP05_0081E + DP05_0082E + ... Visit https://dataone.org/datasets/sha256%3A3edd5defce2f25c7501953ca3e77c4f15a8c71251352373a328794f961755c1c for complete metadata about this dataset.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

In 2023, about 26.9 percent of Asian private households in the U.S. had an annual income of 200,000 U.S. dollars and more. Comparatively, around 13.9 percent of Black households had an annual income under 15,000 U.S. dollars.

As of April 2025, Elon Musk was estimated as the wealthiest person in the United States with a net worth of around 342 billion dollars. Richest people in the United States - additional information Every year since 1982, the American business magazine Forbes has been compiling lists of the 400 richest people in the United States, known as the “Forbes 400.” In addition to that, since 1987, the publication has also been compiling a ranking of the 500 richest people in the world (excluding royalty and dictators), as well as more specialized tops, such as “World's Most Powerful Women,” “America's Richest Families,” “Most Valuable Brands” or “30 Under 30,” which focuses on young entrepreneurs from various fields which have gained millions in the past year by the use of social media, technical innovations and generally new and fresh approaches to business.

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.

The typical American picture of a family with 2.5 kids might not be as relevant as it once was: In 2023, there was an average of 1.94 children under 18 per family in the United States. This is a decrease from 2.33 children under 18 per family in 1960.

Familial structure in the United States

If there’s one thing the United States is known for, it’s diversity. Whether this is diversity in ethnicity, culture, or family structure, there is something for everyone in the U.S. Two-parent households in the U.S. are declining, and the number of families with no children are increasing. The number of families with children has stayed more or less constant since 2000.

Adoptions in the U.S.

Families in the U.S. don’t necessarily consist of parents and their own biological children. In 2021, around 35,940 children were adopted by married couples, and 13,307 children were adopted by single women.

Around *** million families in the United States had three or more children under 18 living in the household in 2023. In that same year, about ***** million households had no children under 18 living in the household.

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

Globally, about 25 percent of the population is under 15 years of age and 10 percent is over 65 years of age. Africa has the youngest population worldwide. In Sub-Saharan Africa, more than 40 percent of the population is below 15 years, and only three percent are above 65, indicating the low life expectancy in several of the countries. In Europe, on the other hand, a higher share of the population is above 65 years than the population under 15 years. Fertility rates The high share of children and youth in Africa is connected to the high fertility rates on the continent. For instance, South Sudan and Niger have the highest population growth rates globally. However, about 50 percent of the world’s population live in countries with low fertility, where women have less than 2.1 children. Some countries in Europe, like Latvia and Lithuania, have experienced a population decline of one percent, and in the Cook Islands, it is even above two percent. In Europe, the majority of the population was previously working-aged adults with few dependents, but this trend is expected to reverse soon, and it is predicted that by 2050, the older population will outnumber the young in many developed countries. Growing global population As of 2025, there are 8.1 billion people living on the planet, and this is expected to reach more than nine billion before 2040. Moreover, the global population is expected to reach 10 billions around 2060, before slowing and then even falling slightly by 2100. As the population growth rates indicate, a significant share of the population increase will happen in Africa.

In 2022, about 40 percent of adults in Mexico held a net worth under 10,000 U.S. dollars. In contrast, merely 393,000 Mexicans (that is, 0.4 percent of the total) had a net worth of over one million U.S. dollars. Mexico is one of the most unequal countries in Latin America regarding wealth distribution, with 78.7 percent of the national wealth held by the richest ten percent of the population.

The minimum salaryThe minimum wage per day guaranteed by law in Mexico was decreed to increase by 22 percent between 2021 and 2022, reaching 172.87 Mexican pesos in 2022. In the Free Zone located near the northern border the minimum daily wage was raised to 260.34 Mexican pesos.This represented the fourth consecutive incrase since 2019, but could prove to be insufficient to maintain the wellbeing of Mexican workers after the soaring inflation rate registered in 2022 and the economic impact of the COVID-19 in Mexican households. The legal minimum salary has a long history in the North American country, it was first implemented with the approval of the Political Constitution of the United Mexican States in 1917. Income inequality in Latin AmericaLatin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 38 and 54 among the region’s countries. Moreover, many of the countries with the biggest inequality in income distribution worldwide are found in Latin America. According to the Human Development Report 2019, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Charlotte County: 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 903(1%) households where the householder is under 25 years old, 11,756(13%) households with a householder aged between 25 and 44 years, 28,374(31.37%) households with a householder aged between 45 and 64 years, and 49,424(54.64%) 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 65 years and over bracket. This distribution hints at economic disparities within the county of Charlotte County, 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) 2022 1-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 Charlotte County median household income by age. You can refer the same here

In 2024, ** percent of adults in the United States invested in the stock market. This figure has remained steady over the last few years, and is still below the levels before the Great Recession, when it peaked in 2007 at ** percent. What is the stock market? The stock market can be defined as a group of stock exchanges, where investors can buy shares in a publicly traded company. In more recent years, it is estimated an increasing number of Americans are using neobrokers, making stock trading more accessible to investors. Other investments A significant number of people think stocks and bonds are the safest investments, while others point to real estate, gold, bonds, or a savings account. Since witnessing the significant one-day losses in the stock market during the Financial Crisis, many investors were turning towards these alternatives in hopes for more stability, particularly for investments with longer maturities. This could explain the decrease in this statistic since 2007. Nevertheless, some speculators enjoy chasing the short-run fluctuations, and others see value in choosing particular stocks.

In 2022, approximately ***** million young people between the ages of 15 to 19 years old lived in the United States. This was a slight increase from the previous year, when ***** million young people aged 15 to 19 lived in the U.S.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Chino. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2022

Based on our analysis ACS 2022 1-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Chino, the median income for all workers aged 15 years and older, regardless of work hours, was $48,121 for males and $34,021 for females.

These income figures indicate a substantial gender-based pay disparity, showcasing a gap of approximately 29% between the median incomes of males and females in Chino. With women, regardless of work hours, earning 71 cents to each dollar earned by men, this income disparity reveals a concerning trend toward wage inequality that demands attention in thecity of Chino.

- Full-time workers, aged 15 years and older: In Chino, among full-time, year-round workers aged 15 years and older, males earned a median income of $64,117, while females earned $63,222, resulting in a 1% gender pay gap among full-time workers. This illustrates that women earn 99 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Chino.

Interestingly, when analyzing income across all roles, including non-full-time employment, the gender pay gap percentage was higher for women compared to men. It appears that full-time employment presents a more favorable income scenario for women compared to other employment patterns in Chino.

https://i.neilsberg.com/ch/chino-ca-income-by-gender.jpeg" alt="Chino, CA gender based income disparity">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2022
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

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 Chino median household income by gender. You can refer the same here