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 Median Personal Income in the United States (MEPAINUSA646N) from 1974 to 2023 about personal income, personal, median, income, and USA.

By 2030, the middle-class population in Asia-Pacific is expected to increase from 1.38 billion people in 2015 to 3.49 billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from 114 million in 2015 to 212 million in 2030.

Worldwide wealth

While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around 57 percent of the world’s population had assets valued at less than 10,000 U.S. dollars; while less than one percent had assets of more than million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percent of non-investable assets.

The middle-class

The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth to the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle-class.

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 percentage of the U.S. adult population that belong to the middle class from 1971 to 2015, by gender and marital status. In 2015, about 41 percent of unmarried women with children in their household were part of the U.S. middle class.

This study defined middle class income households as those with an income between 67 and 200 percent of the U.S. median household income, after adjustment for household size. Middle class income ranges from about 42,000 U.S. dollars to about 126,000 U.S. dollars per year for a three-person household.

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

Families of tax filers; Single-earner and dual-earner census families by number of children (final T1 Family File; T1FF).

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.123 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
• Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 5,882.623 USD.
• The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
• In the latest reports, Retail Sales of Russia grew 5.200 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

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.

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

India Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 9.800 % in 2021. This records a decrease from the previous number of 10.000 % for 2020. India Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 6.200 % from Dec 1977 (Median) to 2021, with 14 observations. The data reached an all-time high of 10.300 % in 2019 and a record low of 5.100 % in 2004. India 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 India – Table IN.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).

A structured overview of the average, net, median, and minimum wage in Germany for 2025. This dataset combines original market research conducted by KUMMUNI GmbH with publicly available data from the German Federal Statistical Office. It includes values with and without bonuses, hourly minimum wage, and take-home pay after tax.

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.

Key information about Vietnam Household Income per Capita

• Vietnam Annual Household Income per Capita reached 2,502.524 USD in Dec 2023, compared with the previous value of 2,409.689 USD in Dec 2022.
• Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an averaged value of 1,023.278 USD.
• The data reached an all-time high of 2,502.524 USD in Dec 2023 and a record low of 183.956 USD in Dec 1994.
• In the latest reports, Retail Sales of Vietnam grew 8.086 % YoY in Nov 2024.

CEIC converts Annual Household Income per Capita into USD. Annual Household Income per Capita is calculated from Monthly Average Household Income per Capita multiplied by 12. General Statistical Office provides Average Household Income per Capita in local currency. State Bank of Vietnam average market exchange rate is used for currency conversions.

Folding Treadmills Market Outlook

In 2023, the global folding treadmills market size was valued at approximately USD 5.2 billion, and it is projected to reach USD 9.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period. This growth is driven by the increasing demand for at-home fitness solutions, a trend significantly accelerated by the global pandemic and the consequent shift in consumer behavior towards health and wellness. The convenience offered by folding treadmills, which can be easily stowed away to save space, coupled with advancements in technology that enhance user experience, are major factors contributing to the marketÂ’s robust growth trajectory.

The rising adoption of a healthy lifestyle and growing awareness about the importance of physical fitness are substantial growth factors for the folding treadmills market. As people become more conscious about their health, especially in urban areas with limited space, the demand for compact and efficient home fitness equipment like folding treadmills is on the rise. With gyms and fitness centers often overcrowded or temporarily closed due to health concerns, consumers are leaning towards home-based fitness regimes. Furthermore, technological enhancements like interactive displays, connectivity with fitness apps, and virtual coaching are making these treadmills more appealing, allowing users to engage in more versatile and personalized workout experiences.

Another significant growth factor is the increasing disposable income and changing lifestyles in emerging economies. As economic conditions improve, more individuals are investing in home fitness equipment to maintain their health. The convenience of exercising at home without the time constraints or the need to travel to a gym is particularly attractive to working professionals and homemakers. Additionally, there is a growing trend of dual-income households, which boosts purchasing power and facilitates the acquisition of such home fitness equipment. As a result, folding treadmills are becoming a popular choice due to their space-saving design and multi-functional capabilities.

The growth of e-commerce and advancements in online sales platforms are also crucial factors driving the folding treadmills market. Online retail channels have become a preferred choice for purchasing fitness equipment, driven by the ease of access, extensive product variety, competitive pricing, and home delivery options. The digital revolution has also enabled better consumer education and the ability to compare products, leading to more informed purchasing decisions. Moreover, online platforms often provide customer reviews and ratings, further assisting potential buyers in making choices that best suit their needs, thereby boosting market penetration.

The growing trend of setting up home gyms has also led to an increased interest in Home Treadmill options. These treadmills are specifically designed to cater to the needs of individuals who prefer exercising in the comfort of their own homes. With features such as foldability, compact size, and ease of use, Home Treadmills are becoming a staple in many households. They offer the flexibility to work out at any time, without the constraints of gym hours or memberships. Additionally, the integration of technology in Home Treadmills, such as app connectivity and virtual coaching, enhances the user experience, making workouts more engaging and tailored to individual fitness goals. As more people prioritize health and convenience, the demand for Home Treadmills is expected to rise, further driving the growth of the folding treadmills market.

Regionally, North America holds a significant share of the folding treadmills market, driven by high disposable incomes, an established fitness culture, and the prevalence of obesity and lifestyle-related diseases that spur fitness activities. Europe follows closely, with a strong emphasis on health and wellness lifestyles. The Asia Pacific region is expected to witness the fastest growth rate owing to increasing health consciousness, rising urbanization, and growing youth population with higher fitness awareness. With the rapidly expanding middle class and infrastructure developments, markets in Latin America and the Middle East & Africa are also seeing increased demand, albeit at a slower pace compared to the other regions.

Product Type Analysis

The folding treadmills market is segmented by product type into manual folding t

75% of households from the Bangladeshi ethnic group were in the 2 lowest income quintiles (after housing costs were deducted) between April 2021 and March 2024.

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