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Graph and download economic data for Median Family Income in the United States (MEFAINUSA646N) from 1953 to 2023 about family, median, income, and USA.
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.
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 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.
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Median Family Income in the United States was 100800.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Family Income in the United States reached a record high of 100800.00000 in January of 2023 and a record low of 4167.00000 in January of 1954. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Family Income in the United States - last updated from the United States Federal Reserve on July of 2025.
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Real Median Family Income in the United States was 100800.00000 2015 CPI-U-RS Adjusted $ in January of 2023, according to the United States Federal Reserve. Historically, Real Median Family Income in the United States reached a record high of 101700.00000 in January of 2019 and a record low of 38730.00000 in January of 1954. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Median Family Income in the United States - last updated from the United States Federal Reserve on July of 2025.
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Real Median Household Income in the United States was 80610.00000 2015 CPI-U-RS Adjusted $ in January of 2023, according to the United States Federal Reserve. Historically, Real Median Household Income in the United States reached a record high of 81210.00000 in January of 2019 and a record low of 58930.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Median Household Income in the United States - last updated from the United States Federal Reserve on June of 2025.
The estimated median household income and estimated median family income are two separate measures: every family is a household, but not every household is a family. According to the U.S. Census Bureau definitions of the terms, a family “includes a householder and one or more people living in the same household who are related to the householder by birth, marriage, or adoption,”[1] while a household “includes all the people who occupy a housing unit,” including households of just one person[2]. When evaluated together, the estimated median household income and estimated median family income provide a thorough picture of household-level economics in Champaign County.
Both estimated median household income and estimated median family income were higher in 2023 than in 2005. The changes in estimated median household income and estimated median family income between 2022 and 2023 were not statistically significant. Estimated median family income is consistently higher than estimated median household income, largely due to the definitions of each term, and the types of household that are measured and are not measured in each category.
Median income data was sourced from the U.S. Census Bureau’s American Community Survey (ACS) 1-Year Estimates, which are released annually.
As with any datasets that are estimates rather than exact counts, it is important to take into account the margins of error (listed in the column beside each figure) when drawing conclusions from the data.
Due to the impact of the COVID-19 pandemic, instead of providing the standard 1-year data products, the Census Bureau released experimental estimates from the 1-year data. This includes a limited number of data tables for the nation, states, and the District of Columbia. The Census Bureau states that the 2020 ACS 1-year experimental tables use an experimental estimation methodology and should not be compared with other ACS data. For these reasons, and because data is not available for Champaign County, no data for 2020 is included in this Indicator.
For interested data users, the 2020 ACS 1-Year Experimental data release includes datasets on Median Household Income in the Past 12 Months (in 2020 Inflation-Adjusted Dollars) and Median Family Income in the Past 12 Months (in 2020 Inflation-Adjusted Dollars).
[1] U.S. Census Bureau. (Date unknown). Glossary. “Family Household.” (Accessed 19 April 2016).
[2] U.S. Census Bureau. (Date unknown). Glossary. “Household.” (Accessed 19 April 2016).
Sources: U.S. Census Bureau; American Community Survey, 2023 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using data.census.gov; (17 October 2024).; U.S. Census Bureau; American Community Survey, 2022 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using data.census.gov; (18 September 2023).; U.S. Census Bureau; American Community Survey, 2021 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using data.census.gov; (3 October 2022).; U.S. Census Bureau; American Community Survey, 2019 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using data.census.gov; (7 June 2021).; U.S. Census Bureau; American Community Survey, 2018 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using data.census.gov; (7 June 2021).;U.S. Census Bureau; American Community Survey, 2017 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (13 September 2018).; U.S. Census Bureau; American Community Survey, 2016 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (14 September 2017).; U.S. Census Bureau; American Community Survey, 2015 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (19 September 2016).; U.S. Census Bureau; American Community Survey, 2014 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2013 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2012 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2011 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2010 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2009 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2008 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2007 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2006 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2005 American Community Survey 1-Year Estimates, Table S1903; generated by CCRPC staff; using American FactFinder; (16 March 2016).
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Median Household Income in the United States was 80610.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in the United States reached a record high of 80610.00000 in January of 2023 and a record low of 22420.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in the United States - last updated from the United States Federal Reserve on July of 2025.
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Graph and download economic data for Median Household Income in New York (MEHOINUSNYA646N) from 1984 to 2023 about NY, households, median, income, 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 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.
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.
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Graph and download economic data for Real Median Household Income in North Carolina (MEHOINUSNCA672N) from 1984 to 2023 about NC, households, median, income, real, and USA.
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Graph and download economic data for Median Household Income in Tennessee (MEHOINUSTNA646N) from 1984 to 2023 about TN, households, median, income, and USA.
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Graph and download economic data for Estimate of Median Household Income for United States (MHIUS00000A052NCEN) from 1989 to 2023 about households, median, income, and USA.
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Graph and download economic data for Median Household Income in Ohio (MEHOINUSOHA646N) from 1984 to 2023 about OH, households, median, income, and USA.
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Median Household Income in Michigan was 76960.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in Michigan reached a record high of 76960.00000 in January of 2023 and a record low of 22970.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Michigan - last updated from the United States Federal Reserve on July of 2025.
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Graph and download economic data for Real Median Household Income in Michigan (MEHOINUSMIA672N) from 1984 to 2023 about MI, households, median, income, real, and USA.
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Median Household Income in Massachusetts was 106500.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in Massachusetts reached a record high of 106500.00000 in January of 2023 and a record low of 26960.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Massachusetts - last updated from the United States Federal Reserve on June of 2025.
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Graph and download economic data for Median Family Income in the United States (MEFAINUSA646N) from 1953 to 2023 about family, median, income, and USA.