Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, 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.

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.

Graph and download economic data for Real Median Household Income in New York (MEHOINUSNYA672N) from 1984 to 2023 about NY, households, median, income, real, and USA.

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.

In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

Graph and download economic data for Median Family Income in the United States (MEFAINUSA646N) from 1953 to 2023 about family, median, income, and USA.

In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 80,610 dollars in 2023. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.

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.

In four decades, the average after-tax income of Canadians in the lowest decile rose from ***** to ****** Canadian dollars, an increase of around ** percent. The income of those in the highest decile rose by more than ** percent between 1980 and 2021, from ******* to ******* Canadian dollars. The gap in average income between the two deciles has therefore widened from approximately ******* dollars in 1980 to over ******* dollars in 2021.

This table contains 22 series, with data for years 1926 - 1960 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Newfoundland and Labrador; Nova Scotia; Prince Edward Island ...), Wages and salaries (2 items: Based on Standard Industrial Classification; 1948 (SIC); Based on Standard Industrial Classification; 1980 (SIC) ...).

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.

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 Median Household Income in Colorado (MEHOINUSCOA646N) from 1984 to 2023 about CO, households, median, income, and USA.

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

Spain ES: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 15.400 % in 2021. This records a decrease from the previous number of 16.500 % for 2020. Spain ES: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 14.750 % from Dec 1980 (Median) to 2021, with 30 observations. The data reached an all-time high of 17.800 % in 2013 and a record low of 11.200 % in 1990. Spain ES: 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 Spain – Table ES.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).

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.

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.

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.

About this dataset

Context

The dataset presents the detailed breakdown of the count of individuals within distinct income brackets, categorizing them by gender (men and women) and employment type - full-time (FT) and part-time (PT), offering valuable insights into the diverse income landscapes within Camden County. The dataset can be utilized to gain insights into gender-based income distribution within the Camden County population, aiding in data analysis and decision-making..

Key observations

• Employment patterns: Within Camden County, among individuals aged 15 years and older with income, there were 3,895 men and 3,843 women in the workforce. Among them, 2,086 men were engaged in full-time, year-round employment, while 1,980 women were in full-time, year-round roles.
• Annual income under $24,999: Of the male population working full-time, 3.88% fell within the income range of under $24,999, while 7.37% of the female population working full-time was represented in the same income bracket.
• Annual income above $100,000: 12.75% of men in full-time roles earned incomes exceeding $100,000, while 16.16% of women in full-time positions earned within this income bracket.
• Refer to the research insights for more key observations on more income brackets ( Annual income under $24,999, Annual income between $25,000 and $49,999, Annual income between $50,000 and $74,999, Annual income between $75,000 and $99,999 and Annual income above $100,000) and employment types (full-time year-round and part-time)

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:

• $1 to $2,499 or loss
• $2,500 to $4,999
• $5,000 to $7,499
• $7,500 to $9,999
• $10,000 to $12,499
• $12,500 to $14,999
• $15,000 to $17,499
• $17,500 to $19,999
• $20,000 to $22,499
• $22,500 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 $54,999
• $55,000 to $64,999
• $65,000 to $74,999
• $75,000 to $99,999
• $100,000 or more

Variables / Data Columns

• Income Bracket: This column showcases 20 income brackets ranging from $1 to $100,000+..
• Full-Time Males: The count of males employed full-time year-round and earning within a specified income bracket
• Part-Time Males: The count of males employed part-time and earning within a specified income bracket
• Full-Time Females: The count of females employed full-time year-round and earning within a specified income bracket
• Part-Time Females: The count of females employed part-time and earning within a specified income bracket

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar 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 Camden County median household income by race. You can refer the same here