Asian households measured the highest median household income among racial and ethnic groups in the United States. In 2024, Asian household incomes reached a median of 121,700 U.S. dollars. On the other hand, Black households had the lowest median income of 56,020 U.S. dollars. Overall, median household incomes in the United States stood at 83,730 U.S. dollars that year.Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, African American, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. nearing nine percent unemployed, according to the Bureau of Labor Statistics in 2024. Hispanic individuals (of any race) were most likely to go without health insurance as of 2024.

Wages in the United States increased to 31.46 USD/Hour in August from 31.34 USD/Hour in July of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the median household income in the United States was 83,730 U.S. dollars. This reflected an increase from the previous year. Household income The 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 varied from state to state. In 2024, Massachusetts recorded the highest median household income in the country, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars.Household income is also used to determine the poverty rate in the United States. In 2024, 10.6 percent of the U.S. population was living below the national poverty line. This was the lowest level since 2019. Similarly, the child poverty rate, which represents people under the age of 18 living in poverty, reached a three-decade low of 14.3 percent of the children. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.52 in 2024. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality, while a score of one indicates complete inequality.

View monthly updates and historical trends for US Average Hourly Earnings. from United States. Source: Bureau of Labor Statistics. Track economic data wit…

Graph and download economic data for Median Personal Income in the United States (MEPAINUSA646N) from 1974 to 2024 about personal income, personal, median, income, and USA.

In 2023, the median hourly earnings of wage and salary workers in the United States was 19.24 U.S. dollars. This is an increase from 1979, when median hourly earnings were at 4.44 U.S. dollars. Hourly Workers The United States national minimum wage is 7.25 U.S. dollars per hour, which has been the minimum wage since 2009. However, each state has the agency to set their state minimum wage. Furthermore, some cities are able to create their minimum wage. Many argue that the minimum wage is too low and should be raised, because it is not considered a living wage. There has been a movement to raise the minimum wage to 15 U.S. dollars per hour, called “Fight for 15” which began in the early 2010s. While there has been no movement at the federal level, some states have moved to increase their minimum wages, with at least three states and the District of Columbia setting minimum wage rates at or above 15 dollars per hour. More recently, some proponents of increasing the minimum wage say that 15 dollars is too low, and lawmakers should strive toward a higher goal, especially given that a 2021 analysis found that the minimum wage in the U.S. should be 22.88 U.S. dollars if it grew at the same rate as economic productivity. Salary Workers On the other hand, salary workers in the United States do not get paid on an hourly basis. The median weekly earnings of salary workers have significantly increased since 1979. Asian salary workers had the highest hourly earnings in the U.S. in 2021. Among female salary workers, those ages 45 to 54 years old had the highest median hourly earnings in 2021, likewise for male salary workers.

Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over (LEU0252881500Q) from Q1 1979 to Q2 2025 about second quartile, full-time, salaries, workers, earnings, 16 years +, wages, median, employment, and USA.

In 2023, the average annual real wages in the United States amounted to ****** U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted U.S. dollars.

Graph and download economic data for Average Weekly Earnings of All Employees, Total Private (CES0500000011) from Mar 2006 to Sep 2025 about earnings, establishment survey, private, employment, and USA.

Graph and download economic data for Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private (AHETPI) from Jan 1964 to Sep 2025 about nonsupervisory, headline figure, earnings, average, establishment survey, hours, wages, production, private, employment, and USA.

In 2023, the average wage and salary per full-time equivalent employee in the mining industry in the United States was at 126,707 U.S. dollars. The highest wage and salary per FTE was found in the information industry, at 164,400 U.S. dollars.

In 2023, the median annual earnings of full-time male workers in the United States stood at ****** U.S. dollars after being adjusted for inflation, which was significantly higher than the median earnings of full-time women at ******. For further reading, see the female to male earnings ratio.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2024 about family, median, income, real, and USA.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in United States. 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 United States. 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 United States, householders within the 45 to 64 years age group have the highest median household income at $94,847, followed by those in the 25 to 44 years age group with an income of $87,575. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $57,108. Notably, householders within the under 25 years age group, had the lowest median household income at $43,534.

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

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Hourly Earnings of All Employees, Manufacturing (CES3000000003) from Mar 2006 to Sep 2025 about earnings, establishment survey, hours, wages, manufacturing, employment, and USA.

In 2023, the average wage in private industry in Alabama was at 58,993 U.S. dollars. This was nearly half of the annual average wages per employee in the District of Columbia, at 112,048 U.S. dollars. That year, the District of Columbia, Massachusetts, and New York were the top ranked states in terms of average wages per employee.

In 2023 the mean earnings of Bachelor's degree holders in the United States amounted to 86,970 U.S. dollars. People with higher education degrees tended to earn more than those without. For example, high school graduates, including those with a GED, had mean earnings of 46,720 U.S. dollars.

Graph and download economic data for Average Hourly Earnings of All Employees, Leisure and Hospitality (CES7000000003) from Mar 2006 to Sep 2025 about leisure, hospitality, earnings, establishment survey, hours, wages, employment, and USA.