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.

Graph and download economic data for Income Before Taxes: Income Before Taxes by Deciles of Income Before Taxes: Second 10 Percent (11st to 20th Percentile) (CXUINCBEFTXLB1503M) from 2014 to 2023 about percentile, tax, income, and USA.

In 2023, around 10.3 percent of U.S. private households had an annual income between 35,000 and 49,999 U.S. dollars in the United States. Income levels between 100,000 to 149,999 U.S. dollars made up the largest share of the population at 16.5 percent in 2023.

Approximately 8.8 percent of U.S. families had an annual income of between 35,000 and 49,999 U.S. dollars in 2023. A further 19.7 percent of families in the United States had an annual income between 100,000 and 149,999 U.S. dollars.

Graph and download economic data for Income Before Taxes: Wages and Salaries by Deciles of Income Before Taxes: Highest 10 Percent (91st to 100th Percentile) (CXU900000LB1511M) from 2014 to 2023 about percentile, salaries, tax, wages, income, and USA.

American Community Survey data provided by the Urban Institute. To identify income percentiles, all households are ranked by income from lowest to highest. The income level at the threshold between the poorest 20 percent of households and the richest 80 percent is the 20th percentile. Similarly, the threshold between the poorest and richest halves is the 50th percentile (or median), and threshold between the poorest 80 percent and richest 20 percent is the 80th percentile.

In the third quarter of 2024, the top ten percent of earners in the United States held over ** percent of total wealth. This is fairly consistent with the second quarter of 2024. Comparatively, the wealth of the bottom ** percent of earners has been slowly increasing since the start of the *****, though remains low. Wealth distribution in the United States by generation can be found here.

Graph and download economic data for Expenditures: Total Average Annual Expenditures by Quintiles of Income Before Taxes: Second 20 Percent (21st to 40th Percentile) (CXUTOTALEXPLB0103M) from 1984 to 2023 about percentile, tax, average, expenditures, income, and USA.

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 2020 in the United States, about **** trillion U.S. dollars were paid in income taxes by the top 10 percent income percentile. Among all taxpayers, about ***** trillion U.S. dollars were collected in income taxes in that same year.

In 2020, the average tax rate of the top 10 percent of earners in the United States stood at 20.3 percent. For the top one percent of earners, the average tax rate stood at 25.99 percent, and for all taxpayers, the average tax rate was 13.63 percent.

In 2021, the average income of households among Israel's highest one percent of earners, reached *** million Israeli shekels, about *** million U.S. dollars. Moreover, incomes peaked in 2017, due to a one-time tax incentive introduced by the government to release "trapped" capital gains tax. Overall, the average income of wealthy families in the country increased by ** percent between 2013 and 2021.

In 2020, the top 50 percent of earners in the United States accounted for about ***** percent of the total AGI of the United States. In the same year, the top one percent of earners accounted for ***** percent of the total AGI of the U.S.

In Mexico, as of 2022, the bottom 50 percent, which represents the population whose income lied below the median, earned on average 2,076 euros at purchasing power parity (PPP) before income taxes. Meanwhile, the top ten percent had an average earning of 111,484 euros, 53 times over than the average earning of the bottom half. Further, the bottom 50 percent accounted for -0.3 percent of the overall national wealth in Mexico, that is, they have on average more debts than assets.

In 2022, the median annual tech wage corresponding to the **** percentile in the United States was reported as ******* U.S. dollars. The **** percentile for tech wages in the U.S. was ******* U.S. dollars for that same year.

Graph and download economic data for Income After Taxes: Income After Taxes by Deciles of Income Before Taxes: Highest 10 Percent (91st to 100th Percentile) (CXUINCAFTTXLB1511M) from 2014 to 2023 about percentile, tax, income, and USA.

As of 2022, the bottom 50 percent in Chile, that is, the population whose income lied below the median, earned on average 4,800 U.S. dollars at purchasing power parity (PPP) before income taxes. This is nearly 43 times less than the average income of the top ten percent, that stood at 215,000 USD that year. In relation to percentage distribution of national wealth in Chile, the top ten percent accounted for over 80 percent of the overall national wealth.

Graph and download economic data for Household Count in the 99th to 99.9th Wealth Percentiles (WFRBL99T999308) from Q3 1989 to Q1 2025 about wealth, percentile, households, and USA.

Graph and download economic data for Household Count in the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1310) from Q3 1989 to Q1 2025 about wealth, percentile, households, and USA.