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: Sixth 10 Percent (51st to 60th Percentile) (CXUINCBEFTXLB1507M) 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.

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.

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.

Graph and download economic data for Expenditures: Total Average Annual Expenditures by Deciles of Income Before Taxes: Third 10 Percent (21st to 30th Percentile) (CXUTOTALEXPLB1504M) from 2014 to 2023 about percentile, average, tax, expenditures, income, and USA.

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.

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 2020, about ***** percent of total income taxes in the United States were paid by the top 50 percent of earners. In that same year, the top one percent of earners paid ***** percent of total income taxes in the country.

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.

About this dataset

Context

The dataset presents a breakdown of households across various income brackets in Section, AL, as reported by the U.S. Census Bureau. The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for Section, AL reveals how household income distribution varies among these categories. The dataset highlights the variation in number of households with income, offering valuable insights into the distribution of Section households based on income levels.

Key observations

• For Family Households: In Section, the majority of family households, representing 14.51%, earn $100,000 to $124,999, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 0.78%, have incomes falling $100,000 to $124,999, representing a smaller but still significant segment of the community.
• For Non-Family Households: In Section, the majority of non-family households, accounting for 36.89%, have income $10,000 to $14,999, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 0.0%, earn $100,000 to $124,999, representing a smaller, yet notable, portion of non-family households in the community.

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:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 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 $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Income Level: The income level represents the income brackets ranging from Less than $10,000 to $200,000 or more in Section, AL (As mentioned above).
• All Households: Count of households for the specified income level
• % All Households: Percentage of households at the specified income level relative to the total households in Section, AL
• Family Households: Count of family households for the specified income level
• % Family Households: Percentage of family households at the specified income level relative to the total family households in Section, AL
• Non-Family Households: Count of non-family households for the specified income level
• % Non-Family Households: Percentage of non-family households at the specified income level relative to the total non-family households in Section, AL

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 Section median household income. You can refer the same here

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

About this dataset

Context

The dataset presents a breakdown of households across various income brackets in San Francisco County, CA, as reported by the U.S. Census Bureau. The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for San Francisco County, CA reveals how household income distribution varies among these categories. The dataset highlights the variation in number of households with income, offering valuable insights into the distribution of San Francisco County households based on income levels.

Key observations

• For Family Households: In San Francisco County, the majority of family households, representing 42.29%, earn $200,000 or more, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 1.39%, have incomes falling $35,000 to $39,999, representing a smaller but still significant segment of the community.
• For Non-Family Households: In San Francisco County, the majority of non-family households, accounting for 29.28%, have income $200,000 or more, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 1.81%, earn $35,000 to $39,999, representing a smaller, yet notable, portion of non-family households in the community.

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:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 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 $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Income Level: The income level represents the income brackets ranging from Less than $10,000 to $200,000 or more in San Francisco County, CA (As mentioned above).
• All Households: Count of households for the specified income level
• % All Households: Percentage of households at the specified income level relative to the total households in San Francisco County, CA
• Family Households: Count of family households for the specified income level
• % Family Households: Percentage of family households at the specified income level relative to the total family households in San Francisco County, CA
• Non-Family Households: Count of non-family households for the specified income level
• % Non-Family Households: Percentage of non-family households at the specified income level relative to the total non-family households in San Francisco County, CA

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 San Francisco County median household income. You can refer the same here

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 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 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 September 2024, personal income in the United States increased by 0.3 percent when compared to the previous month. The data are in current U.S. dollars, seasonally adjusted at annual rates. 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, fewer contributions for government social insurance.

The bottom 50 percent in Argentina earned on average 15,057 U.S. dollars at purchasing power parity (PPP) before income taxes as of 2022, while individuals in the top one percent earned pre-tax more than 686,433 dollars. Looking at the percentage distribution of wealth in Argentina, the poorest half held 5.7 percent of the total in 2021. Moreover, the top one percent in the South American country accounted for 25.7 percent of the overall national wealth.