In 2023, about 26.9 percent of Asian private households in the U.S. had an annual income of 200,000 U.S. dollars and more. Comparatively, around 13.9 percent of Black households had an annual income under 15,000 U.S. dollars.

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.

The statistic shows the share of Hispanic households among all households in the United States that had an income of 100,000 U.S. dollars or more annually from 2007 to 2022. In 2022, Hispanic households accounted for approximately **** percent of all households in the U.S. with an income of 100,000 U.S. dollars or more in that year.

In 2022, about 14.88 million households in the United States had an income of 200,000 U.S. dollars or more a year. Another 20.77 million households however, had an income of less than 25,000 U.S. dollars in the same year, The total number of households in the U.S. since 1960 can be found here.

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.

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.

This statistic shows the total personal income in the United States from 1990 to 2023. The data are in current U.S. dollars not adjusted for inflation or deflation. According to the BEA, personal income is the income that is received by persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Personal income increased to about 23 trillion U.S. dollars in 2023.Personal income Personal income in the United States has risen steadily over the last decades from 5.07 trillion U.S. dollars in 1991 to 23 trillion U.S. dollars in 2023. Personal income includes all earnings including wages, investments, and other sources. Personal income also varied widely across the U.S., where those living in the District of Columbia, on the higher scale, earned an average of 96,873 U.S. dollars per capita and on the lower end of the spectrum, people in Mississippi earned 45,438 U.S. dollars per capita. In the District of Columbia, disposable income averaged some 81,193 U.S. dollars. In total, California earned the most personal income followed by Texas, receiving three trillion U.S. dollars and 1.76 trillion U.S. dollars, respectively. Income tends to vary widely between demographics in the United States. Those with higher education levels tend to earn more money. However, only 25.7 percent of persons with a disability that had a Bachelor's degree or higher were employed in 2020. The Social Security and Supplemental Security Income disability programs provide monetary benefits to the disabled and certain family members.

Mutual Funds Sales Market Outlook

As of 2023, the global mutual funds sales market size stands at approximately $56 trillion, with expectations to surpass $80 trillion by 2032, driven by a compound annual growth rate (CAGR) of 4.1%. The primary growth factors include increased investor awareness, technological advancements in financial services, and the rise of the middle-income population, particularly in emerging markets. This remarkable growth trajectory underscores a robust demand for diverse investment vehicles that cater to varying risk appetites and financial goals.

One of the pivotal growth factors for the mutual funds sales market is the increasing financial literacy and awareness among individuals globally. As more people become knowledgeable about financial planning and investment strategies, mutual funds have emerged as an appealing option due to their diversified risk profiles and potential for higher returns compared to traditional savings accounts. Governments and financial institutions are also playing a significant role by promoting financial education initiatives, which are further driving the adoption of mutual funds among retail investors.

Technological advancements and digital transformation in the financial services sector are also critical growth drivers. The rise of fintech platforms has streamlined the process of buying and managing mutual fund investments, making it more accessible and convenient for investors. Online platforms and mobile applications provide real-time data, personalized investment advice, and easy transaction processes, thus attracting a broader audience. These technological innovations are particularly resonating with younger, tech-savvy investors who prefer managing their investments digitally.

Another significant factor contributing to the market's growth is the economic development in emerging markets, particularly in the Asia Pacific and Latin America regions. The growing middle-income population in these regions is increasingly looking for investment opportunities that offer better returns than traditional savings. With increasing disposable income, more individuals are willing to invest in mutual funds to achieve their financial goals, such as retirement planning, education, and wealth accumulation. This trend is further bolstered by the improving regulatory frameworks and the expansion of financial services in these regions.

Regionally, North America continues to dominate the mutual funds sales market, accounting for a significant share due to its mature financial markets and high investor participation rates. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by rapid economic development, increasing financial inclusion, and technological advancements in the financial services sector. Europe, Latin America, and the Middle East & Africa also present significant growth opportunities, albeit at a slower pace compared to the Asia Pacific.

Fund Type Analysis

The mutual funds sales market can be segmented by fund type into equity funds, bond funds, money market funds, hybrid funds, and others. Each of these fund types caters to different risk appetites and investment goals, providing investors with a range of options to choose from. Equity funds, which invest primarily in stocks, are popular among investors seeking higher returns over the long term, despite their higher risk. As of 2023, equity funds constitute a substantial portion of the market, driven by bullish stock markets and investor optimism.

Bond funds, which invest in government and corporate bonds, appeal to risk-averse investors seeking stable income. These funds are less volatile compared to equity funds and provide regular interest income, making them attractive during periods of economic uncertainty. The demand for bond funds is expected to remain steady, supported by an aging population that prefers lower-risk investments and the need for income-generating assets in a low-interest-rate environment.

Money market funds, known for their high liquidity and safety, invest in short-term, high-quality debt instruments. These funds are ideal for investors looking for a safe place to park their money temporarily or those who need quick access to their funds. The market for money market funds has seen significant growth due to the ongoing economic uncertainties and the tendency of investors to seek safe-haven assets.

Hybrid funds, which combine elements of both equity and bond funds, offer a balanced approa

In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.

This statistic shows the average annual total money earnings of individuals in the United States in 2023, by age group. In 2023, the average worker in the United States aged 45 to 54 earned an average of ****** U.S. dollars per year. That made ** to 54-year-olds the highest earning age group, on average, in 2023.

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.

In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that the United States is a country where hard work and pulling yourself up by your bootstraps will inevitably lead to success, this is often not the case. In 2023, 7.4 percent of U.S. households had an annual income under 15,000 U.S. dollars. With such a small percentage of people in the United States owning such a vast majority of the country’s wealth, the gap between the rich and poor in America remains stark. The top one percent The United States follows closely behind China as the country with the most billionaires in the world. Elon Musk alone held around 219 billion U.S. dollars in 2022. Over the past 50 years, the CEO-to-worker compensation ratio has exploded, causing the gap between rich and poor to grow, with some economists theorizing that this gap is the largest it has been since right before the Great Depression.

In 2023, the mean income of Black Bachelor's degree holders was ****** U.S. dollars, compared to ****** U.S. dollars for White Americans with a Bachelor's degree.

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.

According to a survey of users in the United States, approximately **** in ** content creators aged between 18 and 34 years made between 100 and *** U.S. dollars from their online videos. By comparison, only ** percent of users in the same demographic group made more than 1,000 U.S. dollars. Among those who made money from their video content online, fewer creators across all examined age groups earned less than 100 U.S. dollars.

In 2024, ** percent of adults in the United States invested in the stock market. This figure has remained steady over the last few years, and is still below the levels before the Great Recession, when it peaked in 2007 at ** percent. What is the stock market? The stock market can be defined as a group of stock exchanges, where investors can buy shares in a publicly traded company. In more recent years, it is estimated an increasing number of Americans are using neobrokers, making stock trading more accessible to investors. Other investments A significant number of people think stocks and bonds are the safest investments, while others point to real estate, gold, bonds, or a savings account. Since witnessing the significant one-day losses in the stock market during the Financial Crisis, many investors were turning towards these alternatives in hopes for more stability, particularly for investments with longer maturities. This could explain the decrease in this statistic since 2007. Nevertheless, some speculators enjoy chasing the short-run fluctuations, and others see value in choosing particular stocks.

According to a survey of users in the United States carried out in March 2024, among those who have made money creating internet videos, approximately ** percent made more than 1000 U.S. dollars from their content in the past 12 months. By comparison, only one in ten respondents made between ** and ** U.S. dollars, while around ** percent made less than ** U.S. dollars in the specified time period.

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.

A survey conducted in 2021 found that ** percent of Americans had earned money from online gig platforms. Among those Americans, ***** percent had earned money making deliveries from a restaurant or store for a delivery app.

As of March 2025, 33 percent of video gaming audiences in the United States belonged to the top third of households by income. A further 33 percent of U.S. gamers were belonged to the middle household income segment.