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

In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between 125,000 and 500,000 Indian rupees a year. On the other hand, about three percent of households that same year, accounted for the rich, earning over 3 million rupees annually. The middle class more than doubled that year compared to 14 percent in financial year 2005.

Middle-class income group and the COVID-19 pandemic

During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant.

Economic inequality

While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last three decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.

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.

In 2021, workers in Sweden earned on average 28,500 Swedish kronor monthly, while civil servants had an average salary of 43,600 Swedish kronor per month. What is more, men tend to earn a higher monthly salary than women.

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.

Thailand’s middle class is currently emerging, and it is forecasted that around 13 percent of the households will earn at least 525 thousand Thai Baht by 2020. And yet, Thailand is seen as a country with huge income inequality. By 2020 the number of millionaires (in U.S. dollars) will reach 81 thousand .

The development of income inequality in Thailand

The differences in income seen in Thailand today are the result of a long-term political and economic process from which, until recently, only leading households in urban areas benefited from. However, in doing so, the government was highly successful in continuously fueling economic growth. Even though the banking- and export sectors developed and grew from the 1960s up to the early 1990s, the majority of the population was still working in agriculture. In 1997, however, Thailand was badly hit by the Asian crisis, resulting in a further rise of the poverty rate. Political leaders were thus forced to implement reforms supporting the low-income households, and a series of social reforms such as the introduction of a healthcare plan and affordable housing followed. While these reforms sometimes resulted in an improvement of living standards, most had the unfortunate consequence of increasing corruption in the public sector.

Household Income: Monthly Average: Omani data was reported at 1,552.620 OMR in 2018. This records an increase from the previous number of 1,172.260 OMR for 2010. Household Income: Monthly Average: Omani data is updated yearly, averaging 988.280 OMR from Oct 2006 (Median) to 2018, with 6 observations. The data reached an all-time high of 1,552.620 OMR in 2018 and a record low of 859.660 OMR in 2006. Household Income: Monthly Average: Omani data remains active status in CEIC and is reported by National Centre for Statistics and Information. The data is categorized under Global Database’s Oman – Table OM.H001: Household Income and Expenditure (Discontinued).

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.

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

Key information about Vietnam Household Income per Capita

• Vietnam Annual Household Income per Capita reached 2,502.524 USD in Dec 2023, compared with the previous value of 2,409.689 USD in Dec 2022.
• Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an averaged value of 1,023.278 USD.
• The data reached an all-time high of 2,502.524 USD in Dec 2023 and a record low of 183.956 USD in Dec 1994.
• In the latest reports, Retail Sales of Vietnam grew 8.086 % YoY in Nov 2024.

CEIC converts Annual Household Income per Capita into USD. Annual Household Income per Capita is calculated from Monthly Average Household Income per Capita multiplied by 12. General Statistical Office provides Average Household Income per Capita in local currency. State Bank of Vietnam average market exchange rate is used for currency conversions.

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

Key information about Argentina Household Income per Capita

• Argentina Annual Household Income per Capita reached 4,522.736 USD in Dec 2023, compared with the previous value of 4,354.647 USD in Dec 2022.
• Argentina Annual Household Income per Capita data is updated yearly, available from Dec 2004 to Dec 2023, with an averaged value of 3,818.417 USD.
• The data reached an all-time high of 5,915.943 USD in Dec 2017 and a record low of 1,383.333 USD in Dec 2004.
• In the latest reports, Retail Sales of Argentina dropped 13.777 % YoY in Jan 2024.

CEIC calculcates Annual Household Income per Capita from quarterly Monthly Average Household Income per Capita multiplied by 3 and converts it into USD. The National Institute of Statistics and Censuses provides Average Household Income per Capita in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Household Income covers Urban area only.

In 2023, the highest salary-earning households in Tokyo Prefecture made over 1.7 million Japanese yen on average per month. By comparison, the gross income of the lowest-paid households in the prefecture amounted to around 150 thousand yen a month.

As of January 2022, the largest share of Chinese middle-class families had an annual income of between 100 thousand and 300 thousand yuan per year. According to the same survey, almost 90 percent of respondents have at least one child. Many middle-class families in China face significant financial burdens because not only do living costs continuously increase but they also often have to support their parents. In that case, one family has to care for four elders and least one kid.

Bangladesh HIES: Household Income per Month data was reported at 32,422.000 BDT in 2022. This records an increase from the previous number of 15,988.000 BDT for 2016. Bangladesh HIES: Household Income per Month data is updated yearly, averaging 9,341.000 BDT from Dec 1996 (Median) to 2022, with 6 observations. The data reached an all-time high of 32,422.000 BDT in 2022 and a record low of 4,366.000 BDT in 1996. Bangladesh HIES: Household Income per Month data remains active status in CEIC and is reported by Bangladesh Bureau of Statistics. The data is categorized under Global Database’s Bangladesh – Table BD.H010: Household Income and Expenditure Survey: Average Monthly Income per Household: by Income Group.

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) from Q1 1979 to Q4 2024 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

Saudi Arabia Average Monthly Income: Family: Riyadh data was reported at 10,686.000 SAR in 2013. This records a decrease from the previous number of 14,209.000 SAR for 2012. Saudi Arabia Average Monthly Income: Family: Riyadh data is updated yearly, averaging 13,053.000 SAR from Dec 2007 (Median) to 2013, with 3 observations. The data reached an all-time high of 14,209.000 SAR in 2012 and a record low of 10,686.000 SAR in 2013. Saudi Arabia Average Monthly Income: Family: Riyadh data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.H002: Average Monthly Income.

Pakistan Average Monthly Income: Household data was reported at 41,545.000 PKR in 2019. This records an increase from the previous number of 35,662.000 PKR for 2016. Pakistan Average Monthly Income: Household data is updated yearly, averaging 23,732.135 PKR from Jun 2005 (Median) to 2019, with 8 observations. The data reached an all-time high of 41,545.000 PKR in 2019 and a record low of 9,685.000 PKR in 2005. Pakistan Average Monthly Income: Household data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.H006: Household Integrated Economic Survey: Average Monthly Income: Household.

In 2023, the average monthly income per household in Thailand amounted to over 29,000 Thai baht, which was an increase compared to the previous year. The figures show a gradual increase in monthly income throughout the years, with some slight fluctuations.