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 Population, Total for Upper Middle Income Countries (SPPOPTOTLUMC) from 1960 to 2023 about income and population.

In India, the share of the population that earned at least the equivalent of the highest 40 percent of global income earners as of 2022 in purchasing power parity (PPP) terms was 41 percent. Hyderabad topped the list with the highest share of middle-class and above category of consumers. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.

Graph and download economic data for Constant GDP per capita for Upper Middle Income Countries (NYGDPPCAPKDUMC) from 1960 to 2023 about per capita, income, and GDP.

In G20 countries, the share of the population that earned at least the equivalent of the highest 10 percent of global income earners as of 2022 in purchasing power parity (PPP) terms varies from over two thirds in Australia to only 1.5 percent in Indonesia. The United States recorded the second-highest upper-class share of the G20 countries. However, looking at for instance China, approximately 80 percent of the population counts as middle class or above, whereas just eight percent counts as upper class or higher.

This statistic shows the average income of a middle class family in the United States in 2014, by state. In 2014, the average middle-class family in Alaska had an income of 80,230 U.S. dollars per year. This was significantly higher than the national average of 72,919 U.S. dollars.

Graph and download economic data for Fertility Rate, Total for Upper Middle Income Countries (SPDYNTFRTINUMC) from 1960 to 2022 about fertility, income, and rate.

China Net Income per Capita: Rural Household: Wage: Upper Middle Income data was reported at 4,789.214 RMB in 2012. This records an increase from the previous number of 4,083.704 RMB for 2011. China Net Income per Capita: Rural Household: Wage: Upper Middle Income data is updated yearly, averaging 2,141.959 RMB from Dec 2002 (Median) to 2012, with 11 observations. The data reached an all-time high of 4,789.214 RMB in 2012 and a record low of 1,098.310 RMB in 2002. China Net Income per Capita: Rural Household: Wage: Upper Middle Income 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 and Expenditure by Income Level: Rural.

Graph and download economic data for Net migration for Upper Middle Income Countries (SMPOPNETMUMC) from 1962 to 2017 about migration, Net, income, and 5-year.

Graph and download economic data for Gross Domestic Product for Upper Middle Income Countries (NYGDPMKTPCDUMC) from 1960 to 2023 about income and GDP.

In the Middle Eastern region, the share of the population that earned at least the equivalent of the highest 40 percent of global income earners as of 2022 in purchasing power parity (PPP) terms was 81.5 percent. Saudi Arabia topped the list with the highest share of middle-class and above category of consumers in the Middle East. In Saudi Arabia the share of middle class and above consumer share was 100 percent.

Graph and download economic data for Population Ages 15 to 64 for Upper Middle Income Countries (SPPOP1564TOZSUMC) from 1960 to 2023 about 15 to 64 years, income, and population.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Middle Inlet, Wisconsin, 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 21,360, while the mean income for the highest quintile (20% of households with the highest income) is 162,915. This indicates that the top earners earn 8 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 282,509, which is 173.41% higher compared to the highest quintile, and 1322.61% higher compared to the lowest quintile.

Content

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

Graph and download economic data for Ratio of Female to Male Primary School Enrollment for Upper Middle Income Countries (SEENRPRIMFMZSUMC) from 1970 to 2020 about primary schooling, enrolled, females, males, ratio, primary, and income.

United States US: Income Share Held by Highest 20% data was reported at 46.900 % in 2016. This records an increase from the previous number of 46.400 % for 2013. United States US: Income Share Held by Highest 20% data is updated yearly, averaging 46.000 % from Dec 1979 (Median) to 2016, with 11 observations. The data reached an all-time high of 46.900 % in 2016 and a record low of 41.200 % in 1979. United States US: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

China Income per Capita: Urban: Upper Middle Income data was reported at 32,758.800 RMB in 2012. This records an increase from the previous number of 29,058.920 RMB for 2011. China Income per Capita: Urban: Upper Middle Income data is updated yearly, averaging 6,673.460 RMB from Dec 1985 (Median) to 2012, with 28 observations. The data reached an all-time high of 32,758.800 RMB in 2012 and a record low of 935.520 RMB in 1985. China Income per Capita: Urban: Upper Middle Income 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 and Expenditure by Income Level: Urban.

Graph and download economic data for Gross National Income for Upper Middle Income Countries (NYGNPMKTPCDUMC) from 1960 to 2023 about GNI and income.

In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between 125,000 and 500,000 Indian rupees a year. On the other hand, about three percent of households that same year, accounted for the rich, earning over 3 million rupees annually. The middle class more than doubled that year compared to 14 percent in financial year 2005.

Middle-class income group and the COVID-19 pandemic

During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant.

Economic inequality

While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last three decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.

China Consumption Exp per Capita: RH: Upper Middle Income: Household Facility, Article & Service data was reported at 406.676 RMB in 2012. This records an increase from the previous number of 373.309 RMB for 2011. China Consumption Exp per Capita: RH: Upper Middle Income: Household Facility, Article & Service data is updated yearly, averaging 176.834 RMB from Dec 2002 (Median) to 2012, with 11 observations. The data reached an all-time high of 406.676 RMB in 2012 and a record low of 90.530 RMB in 2003. China Consumption Exp per Capita: RH: Upper Middle Income: Household Facility, Article & Service 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: Consumption Structure by Income Level: Rural.

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.