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.

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.

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In 2024 the median annual income of Asian households in the United States was 121,700 U.S. dollars. They were followed by White households, who's median earnings were 92,530 U.S. dollars. Furthermore, Black Americans and American Indian and Alaska Native families had the lowest household incomes. That year, median income among all U.S. household rose to 83,730 U.S. dollars.

Graph and download economic data for Real Median Household Income in Ohio (MEHOINUSOHA672N) from 1984 to 2024 about OH, households, median, income, real, and USA.

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The statistic shows the median gross rent* as a share of pre-tax household income of Millennials aged 18 to 34 in the United States from 1980 to 2009. In 2009, 18-to 24-year olds spent 32 percent of their household income on rent.

Graph and download economic data for Median Household Income in New Hampshire (MEHOINUSNHA646N) from 1984 to 2024 about NH, households, median, income, and USA.

VITAL SIGNS INDICATOR
Income (EC4)

FULL MEASURE NAME
Household income by place of residence

LAST UPDATED
January 2023

DESCRIPTION
Income reflects the median earnings of individuals and households from employment, as well as the income distribution by quintile. Income data highlight how employees are being compensated for their work on an inflation-adjusted basis.

DATA SOURCE
U.S. Census Bureau: Decennial Census - https://nhgis.org
Count 4Pb (1970)
Form STF3 (1980-1990)
Form SF3a (2000)

U.S. Census Bureau: American Community Survey - https://data.census.gov/
Form B19001 (2005-2021; household income by place of residence)
Form B19013 (2005-2021; median household income by place of residence)
Form B08521 (2005-2021; median worker earnings by place of employment)

Bureau of Labor Statistics: Consumer Price Index - https://www.bls.gov/data/
1970-2021

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Income derived from the decennial Census data reflects the income earned in the prior calendar year, whereas income derived from the American Community Survey (ACS) data reflects the prior 12 month period; note that this inconsistency has a minor effect on historical comparisons (see Income and Earnings Data section of the ACS General Handbook - https://www.census.gov/content/dam/Census/library/publications/2020/acs/acs_general_handbook_2020_ch09.pdf). ACS 1-year data is used for larger geographies – Bay counties and most metropolitan area counties – while smaller geographies rely upon 5-year rolling average data due to their smaller sample sizes. Note that 2020 data uses the 5-year estimates because the ACS did not collect 1-year data for 2020.

Quintile income for 1970-2000 is imputed from decennial Census data using methodology from the California Department of Finance. Bay Area income is the population weighted average of county-level income.

Income has been inflated using the Consumer Price Index (CPI) for 2021 specific to each metro area; however, some metro areas lack metro-specific CPI data back to 1970 and therefore adjusted data uses national CPI for 1970. Note that current MSA boundaries were used for historical comparison by identifying counties included in today’s metro areas.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Lindsay. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Lindsay, the median household income for the households where the householder is White decreased by $1,980(3.74%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $52,873 in 2013 and $50,893 in 2023.
• Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Lindsay.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

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 Lindsay median household income by race. You can refer the same here

In 2023/24 the mean disposable income per household in the United Kingdom was ****** British pounds, while the median disposable income for households was ****** pounds

Inequality remains woven into America’s economic fabric, fuelling public debate and shaping politics. In 2024, the richest fifth of U.S. households captured more than half of national income, while the poorest secured a just 3.1 percent. This stark contrast highlights the concentration of wealth among high-income households. Measuring income inequality The Gini coefficient, a standard measure of income inequality, has steadily risen over the past three decades. In 1990, the Gini coefficient for households in the United States stood at 0.43, but by 2024 it had increased to 0.49. This upward trend indicates a growing gap between the rich and poor. Among state, the District of Columbia and New York exhibited the greatest income inequality. Utah, on the other hand, recorded the smallest wealth gap. Income inequality across demographics Income disparities are also drawn along ethnic and racial lines. In 2024, Asian households in the United States had the highest median annual income, followed by White households. Black Americans and American Indian and Alaska Native families had comparatively lower household incomes. The overall median income for U.S. households reached nearly 84,000 U.S. dollars that year. These figures highlight the persistent economic gaps among various racial and ethnic groups in America.

VITAL SIGNS INDICATOR Income (EC4)

FULL MEASURE NAME Household income by place of residence

LAST UPDATED May 2019

DESCRIPTION Income reflects the median earnings of individuals and households from employment, as well as the income distribution by quintile. Income data highlight how employees are being compensated for their work on an inflation-adjusted basis.

DATA SOURCE U.S. Census Bureau: Decennial Census Count 4Pb (1970) Form STF3 (1980-1990) Form SF3a (2000) https://nhgis.org

U.S. Census Bureau: American Community Survey Form B19013 (2006-2017; place of residence) http://api.census.gov

Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1970-2017; specific to each metro area) http://data.bls.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Income data reported in a given year reflects the income earned in the prior year (decennial Census) or in the prior 12 months (American Community Survey); note that this inconsistency has a minor effect on historical comparisons (for more information, go to: http://www.census.gov/acs/www/Downloads/methodology/ASA_nelson.pdf). American Community Survey 1-year data is used for larger geographies – metropolitan areas and counties – while smaller geographies rely upon 5-year rolling average data due to their smaller sample sizes. Quintile income for 1970-2000 is imputed from Decennial Census data using methodology from the California Department of Finance (for more information, go to: http://www.dof.ca.gov/Forecasting/Demographics/Census_Data_Center_Network/documents/How_to_Recalculate_a_Median.pdf). Bay Area income is the population weighted average of county-level income.

Income has been inflated using the Consumer Price Index specific to each metro area; however, some metro areas lack metro-specific CPI data back to 1970 and therefore adjusted data is unavailable for some historical data points. Note that current MSA boundaries were used for historical comparison by identifying counties included in today’s metro areas.

The national gross income per capita in Haiti stood at 1,760 U.S. dollars in 2023. Between 1980 and 2023, the national gross income rose by 1,510 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Bond 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 287(4.59%) households where the householder is under 25 years old, 1,704(27.24%) households with a householder aged between 25 and 44 years, 2,285(36.52%) households with a householder aged between 45 and 64 years, and 1,980(31.65%) households where the householder is over 65 years old.
• In Bond County, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-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 Bond County median household income by age. You can refer the same here

Graph and download economic data for Median Household Income in Wisconsin (MEHOINUSWIA646N) from 1984 to 2024 about WI, households, median, income, and USA.

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