Key information about Mexico Household Income per Capita

• Mexico Annual Household Income per Capita reached 3,690.156 USD in Dec 2022, compared with the previous value of 2,639.778 USD in Dec 2020.
• Mexico Annual Household Income per Capita data is updated yearly, available from Dec 2006 to Dec 2022, with an averaged value of 3,322.376 USD.
• The data reached an all-time high of 4,169.817 USD in Dec 2008 and a record low of 2,639.778 USD in Dec 2020.
• In the latest reports, Retail Sales of Mexico grew 4.584 % YoY in Apr 2023.

CEIC calculates Annual Household Income per Capita from Quarterly Average Household Income per Capita multiplied by 4 and converts it into USD. The National Institute of Statistics and Geography provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

As of 2022, the average income per Mexican household was leading in the state of Baja California Sur with an amount of ****** Mexican pesos per quarter, followed by monetary amount was Mexico City.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Mexico. 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 Mexico. 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 Mexico, householders within the 45 to 64 years age group have the highest median household income at $54,986, followed by those in the 25 to 44 years age group with an income of $50,057. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $40,956. Notably, householders within the under 25 years age group, had the lowest median household income at $38,944.

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

Mexico Average Quarterly Household Income data was reported at 63,695.000 MXN in 2022. This records an increase from the previous number of 50,309.000 MXN for 2020. Mexico Average Quarterly Household Income data is updated yearly, averaging 46,285.000 MXN from Dec 2006 (Median) to 2022, with 9 observations. The data reached an all-time high of 63,695.000 MXN in 2022 and a record low of 39,719.000 MXN in 2014. Mexico Average Quarterly Household Income data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H024: Average Quarterly Household Income.

Graph and download economic data for Real Median Household Income in New Mexico (MEHOINUSNMA672N) from 1984 to 2023 about NM, households, median, income, real, and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Mexico Beach, FL, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Mexico Beach did not include 4, 5, 6, or 7-person households. Across the different household sizes in Mexico Beach the mean income is $75,420, and the standard deviation is $13,924. The coefficient of variation (CV) is 18.46%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $59,922. It then further increased to $86,875 for 3-person households, the largest household size for which the bureau reported a median household income.

Content

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

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific household size.

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 Mexico Beach median household income. You can refer the same here

In 2023, the median household income in New Mexico amounted to 60,980 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 56,420 U.S. dollars. The median household income in the United States can be accessed here.

In the first quarter of 2024, per capita wage income in Mexico City stood at ******** Mexican pesos, a considerable growth compared to the previous quarter and the largest income per capita registered.

About this dataset

Context

The dataset presents the median household income across different racial categories in Mexico. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Mexico population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 95.41% of the total residents in Mexico. Notably, the median household income for White households is $72,681. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $72,681.

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 Mexico.
• Median household income: Median household income, adjusting for inflation, 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 Mexico median household income by race. You can refer the same here

Ave Qtrly HH Income: Baja California data was reported at 57,687.000 MXN in 2016. Ave Qtrly HH Income: Baja California data is updated yearly, averaging 57,687.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Ave Qtrly HH Income: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H018: Average Quarterly Household Income: by State.

Ave Qtrly HH Income: EHR: Nayarit data was reported at 3,848.000 MXN in 2016. Ave Qtrly HH Income: EHR: Nayarit data is updated yearly, averaging 3,848.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Ave Qtrly HH Income: EHR: Nayarit data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H018: Average Quarterly Household Income: by State.

In 2023, the average wage in Mexico achieved its highest level since 2009, amounting to around 20,090 U.S. dollars per year. Moreover, the average annual wage increased for the third consecutive year. Employment conditions In light of the crucial role that employment plays as a primary source of income, perceiving their working conditions to be poor, a sentiment held by nearly half of Mexico's workforce. Furthermore, the distribution of working hours skews towards non-monetarily compensated positions, particularly impacting the female demographic on households. This imbalance poses challenges to sustaining motivation. Informal employment also exhibits a higher prevalence among females, presenting regulatory complexities. Furthermore, a perceived gender-based disparity in employment opportunities subsists, amplifying the overarching concerns. As these factors coalesce, one out of every two individuals' harbors apprehensions about potential job loss. Salaries vs. Life expenses In 2023, the minimum wage has witnessed a considerable increase. Nevertheless, it continues to fall short of meeting essential living costs. Calculations indicate that a worker should ideally earn at least twice the amount of the latest increment to adequately cover these necessary expenses. A significant portion of the population—approximately one-third—finds itself residing beneath the threshold of basic food basket expenses. Consequently, Mexico ranks as the country where grocery expenses constitute the highest percentage of earnings. Furthermore, this predicament disproportionately impacts women, as they are often remunerated at lower wage rates.

Mexico Ave Qtrly HH Income Per Capita: Fifth Decile data was reported at 7,350.745 MXN in 2016. This records an increase from the previous number of 5,958.821 MXN for 2014. Mexico Ave Qtrly HH Income Per Capita: Fifth Decile data is updated yearly, averaging 6,289.141 MXN from Dec 2006 (Median) to 2016, with 6 observations. The data reached an all-time high of 7,350.745 MXN in 2016 and a record low of 5,958.821 MXN in 2014. Mexico Ave Qtrly HH Income Per Capita: Fifth Decile data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H012: Average Quarterly Household Income.

As of the third quarter of 2024, the Mexican population receiving an average monthly salary recorded the lowest amount for the females aging 75 years or more with 2,900 Mexican pesos. On the other hand, the topmost value was for the males between 35 and 44 years with 9,970 pesos.

Ave Qtrly HH Income: EHR: Yucatan data was reported at 4,036.000 MXN in 2016. Ave Qtrly HH Income: EHR: Yucatan data is updated yearly, averaging 4,036.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Ave Qtrly HH Income: EHR: Yucatan data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H018: Average Quarterly Household Income: by State.

Mexico Ave Qtrly HH Income: Others: Guerrero data was reported at 41.000 MXN in 2016. Mexico Ave Qtrly HH Income: Others: Guerrero data is updated yearly, averaging 41.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Mexico Ave Qtrly HH Income: Others: Guerrero data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H018: Average Quarterly Household Income: by State.

Mexico Ave Qtrly HH Income Per Capita: Fourth Decile data was reported at 6,110.169 MXN in 2016. This records an increase from the previous number of 4,900.343 MXN for 2014. Mexico Ave Qtrly HH Income Per Capita: Fourth Decile data is updated yearly, averaging 5,170.435 MXN from Dec 2006 (Median) to 2016, with 6 observations. The data reached an all-time high of 6,110.169 MXN in 2016 and a record low of 4,900.343 MXN in 2014. Mexico Ave Qtrly HH Income Per Capita: Fourth Decile data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H012: Average Quarterly Household Income.

Mexico Ave Qtrly HH Income: Work Income: Sonora data was reported at 34,170.000 MXN in 2016. Mexico Ave Qtrly HH Income: Work Income: Sonora data is updated yearly, averaging 34,170.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Mexico Ave Qtrly HH Income: Work Income: Sonora data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H018: Average Quarterly Household Income: by State.

About this dataset

Context

The dataset tabulates the median household income in Mexico. It can be utilized to understand the trend in median household income and to analyze the income distribution in Mexico by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Mexico, NY Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Mexico, NY: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Mexico, NY
• Mexico, NY households by income brackets: family, non-family, and total, in 2022 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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Mexico median household income. You can refer the same here

Mexico Ave Qtrly HH Income Per Capita data was reported at 12,692.856 MXN in 2016. This records an increase from the previous number of 10,497.208 MXN for 2014. Mexico Ave Qtrly HH Income Per Capita data is updated yearly, averaging 11,043.182 MXN from Dec 2006 (Median) to 2016, with 6 observations. The data reached an all-time high of 12,692.856 MXN in 2016 and a record low of 10,488.126 MXN in 2010. Mexico Ave Qtrly HH Income Per Capita data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H012: Average Quarterly Household Income.