In 2024, the average annual per capita disposable income of households in China amounted to approximately 41,300 yuan. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. During the last ten years, per capita disposable income roughly doubled in China. Income distribution in China As an emerging economy, China faces a large number of development challenges, one of the most pressing issues being income inequality. The income gap between rural and urban areas has been stirring social unrest in China and poses a serious threat to the dogma of a “harmonious society” proclaimed by the communist party. In contrast to the disposable income of urban households, which reached around 54,200 yuan in 2024, that of rural households only amounted to around 23,100 yuan. Coinciding with the urban-rural income gap, income disparities between coastal and western regions in China have become apparent. As of 2023, households in Shanghai and Beijing displayed the highest average annual income of around 84,800 and 81,900 yuan respectively, followed by Zhejiang province with 63,800 yuan. Gansu, a province located in the West of China, had the lowest average annual per capita household income in China with merely 25,000 yuan. Income inequality in China The Gini coefficient is the most commonly used measure of income inequality. For China, the official Gini coefficient also indicates the astonishing inequality of income distribution in the country. Although the Gini coefficient has dropped from its high in 2008 at 49.1 points, it still ranged at a score of 46.5 points in 2023. The United Nations have set an index value of 40 as a warning level for serious inequality in a society.

Key information about China Household Income per Capita

• China Annual Household Income per Capita reached 4,805.935 USD in Dec 2013, compared with the previous value of 4,273.467 USD in Dec 2012.
• China Annual Household Income per Capita data is updated yearly, available from Dec 1985 to Dec 2013, with an averaged value of 711.353 USD.
• The data reached an all-time high of 4,805.935 USD in Dec 2013 and a record low of 262.918 USD in Dec 1986.
• In the latest reports, Retail Sales of China grew 12.700 % YoY in May 2023.

CEIC converts Annual Household Income per Capita into USD. The National Bureau of Statistics provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers urban area only.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in China, TX, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 13,613, while the mean income for the highest quintile (20% of households with the highest income) is 153,892. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 205,663, which is 133.64% higher compared to the highest quintile, and 1510.78% higher compared to the lowest quintile.

Content

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

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 China median household income. You can refer the same here

About this dataset

Context

The dataset presents median household incomes for various household sizes in East China Township, Michigan, 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, East China township did not include 6, or 7-person households. Across the different household sizes in East China township the mean income is $106,860, and the standard deviation is $54,994. The coefficient of variation (CV) is 51.46%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $36,112. It then further increased to $151,553 for 5-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/east-china-township-mi-median-household-income-by-household-size.jpeg" alt="East China Township, Michigan median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 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 2022 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 East China township median household income. You can refer the same here

China Disposable Income per Capita: Median data was reported at 34,707.000 RMB in 2024. This records an increase from the previous number of 33,036.000 RMB for 2023. China Disposable Income per Capita: Median data is updated yearly, averaging 25,429.800 RMB from Dec 2013 (Median) to 2024, with 12 observations. The data reached an all-time high of 34,707.000 RMB in 2024 and a record low of 15,632.085 RMB in 2013. China Disposable Income per Capita: Median data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income per Capita.

Key information about Macau SAR (China) Household Income per Capita

• Macau SAR (China) Annual Household Income per Capita reached 30,968.238 USD in Sep 2023, compared with the previous value of 27,192.015 USD in Sep 2018.
• Macau SAR (China) Annual Household Income per Capita data is updated yearly, available from Sep 2003 to Sep 2023, with an averaged value of 20,368.866 USD.
• The data reached an all-time high of 30,968.238 USD in Sep 2023 and a record low of 7,184.882 USD in Sep 2003.
• In the latest reports, Retail Sales of Macau SAR (China) dropped 23.830 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Statistics and Census Service provides Average Household Income per Capita in local currency. The Monetary Authority of Macau average market exchange rate is used for currency conversions. Household Income per Capita is in annual frequency, ending in September of each year.

About this dataset

Context

The dataset presents median household incomes for various household sizes in China Grove, TX, 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, China Grove did not include 4, 6, or 7-person households. Across the different household sizes in China Grove the mean income is $103,550, and the standard deviation is $51,446. The coefficient of variation (CV) is 49.68%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $47,483. It then further increased to $88,044 for 5-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/china-grove-tx-median-household-income-by-household-size.jpeg" alt="China Grove, TX median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 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 2022 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 China Grove median household income. You can refer the same here

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately 449,000 U.S. dollars in Switzerland to roughly 1,200 U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was 84,308 U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America.

What is financial wealth?

Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few.

Where do most wealthy individuals live?

Individuals with a net worth over one million U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach one third of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

Macau SAR (China) Household Income: Total data was reported at 10,615.003 MOP mn in 09-01-2018. This records an increase from the previous number of 7,500.617 MOP mn for 09-01-2013. Macau SAR (China) Household Income: Total data is updated quinquennially, averaging 5,861.054 MOP mn from Sep 2003 (Median) to 09-01-2018, with 4 observations. The data reached an all-time high of 10,615.003 MOP mn in 09-01-2018 and a record low of 2,055.860 MOP mn in 09-01-2003. Macau SAR (China) Household Income: Total data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.H008: Household Budget Survey: Household Income.

This statistic shows the per capita disposable annual income of households in Beijing from 2014 to 2024. In 2024, per capita disposable income of households in China's capital city amounted to around 85,415 yuan, increased by 4.4 percent in real terms compared to the previous year.

Disposable Personal Income in China increased to 54188 CNY in 2024 from 51821 CNY in 2023. This dataset provides - China Disposable Income per Capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About this dataset

Context

The dataset tabulates the median household income in China. It can be utilized to understand the trend in median household income and to analyze the income distribution in China 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).

• China, TX Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in China, TX: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in China, TX
• China, TX 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 China median household income. You can refer the same here

As of January 2022, the largest share of Chinese middle-class families had an annual income of between *** thousand and *** thousand yuan per year. According to the same survey, almost ** 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.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in East China township. 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 East China township. 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 East China township, the median household income stands at $105,074 for householders within the 25 to 44 years age group, followed by $68,164 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,250.

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 East China township median household income by age. You can refer the same here

This statistic shows the average annual per capita disposable income of rural households in China from 1990 to 2024. In 2024, per capita disposable income of rural households in China amounted to around 23,100 yuan.

China Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 11.600 % in 2021. This records a decrease from the previous number of 11.900 % for 2020. China Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 15.100 % from Dec 1990 (Median) to 2021, with 19 observations. The data reached an all-time high of 19.500 % in 2010 and a record low of 8.900 % in 1990. China Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

This statistic depicts the average annual per capita disposable income of Shanghai households from 2014 to 2024. In 2024, per capita disposable income in Shanghai amounted to around ****** yuan, nominally up by *** percent from the previous year.

About this dataset

Context

The dataset illustrates the median household income in China town, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for China town increased by $17,576 (24.27%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 5 years and declined for 6 years.

https://i.neilsberg.com/ch/china-me-median-household-income-trend.jpeg" alt="China, Maine median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

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 China town median household income. You can refer the same here

Hong Kong Median Monthly Domestic Household Income (MI): excl Bonus data was reported at 27,500.000 HKD in Jun 2018. This records a decrease from the previous number of 28,100.000 HKD for Mar 2018. Hong Kong Median Monthly Domestic Household Income (MI): excl Bonus data is updated quarterly, averaging 20,000.000 HKD from Jun 2005 (Median) to Jun 2018, with 53 observations. The data reached an all-time high of 28,100.000 HKD in Mar 2018 and a record low of 16,000.000 HKD in Dec 2005. Hong Kong Median Monthly Domestic Household Income (MI): excl Bonus data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.H021: Domestic Households Statistics.