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 Estimate of Median Household Income for Bell County, KY (MHIKY21013A052NCEN) from 1989 to 2023 about Bell County, KY; KY; households; median; income; and USA.

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.

Graph and download economic data for Estimate of Median Household Income for Bell County, TX (MHITX48027A052NCEN) from 1989 to 2023 about Bell County, TX; Killeen; households; TX; median; income; and USA.

Estimate of Median Household Income for Bell County, TX was 69562.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Bell County, TX reached a record high of 69562.00000 in January of 2023 and a record low of 22251.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Bell County, TX - last updated from the United States Federal Reserve on June of 2025.

Estimate of Median Household Income for Bell County, KY was 35566.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Bell County, KY reached a record high of 35566.00000 in January of 2023 and a record low of 15516.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Bell County, KY - last updated from the United States Federal Reserve on June of 2025.

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.

Personal Income in Bell County, TX was 20405974.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, Personal Income in Bell County, TX reached a record high of 20405974.00000 in January of 2023 and a record low of 496457.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Personal Income in Bell County, TX - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to May 2025 about earnings, average, establishment survey, hours, wages, private, employment, and USA.

Personal Income in Bell County, KY was 987538.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, Personal Income in Bell County, KY reached a record high of 987538.00000 in January of 2023 and a record low of 61158.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Personal Income in Bell County, KY - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Per Capita Personal Income in Bell County, TX (PCPI48027) from 1969 to 2023 about Bell County, TX; Killeen; personal income; per capita; personal; TX; income; and USA.

A breakdown of annual household incomes in Japan showed that around ***** percent of households earned less than *** million Japanese yen per year as of 2023. That year, the average annual household income of Japanese households was approximately *** million Japanese yen.

Per Capita Personal Income in Bell County, TX was 51898.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Bell County, TX reached a record high of 51898.00000 in January of 2023 and a record low of 4118.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Bell County, TX - last updated from the United States Federal Reserve on June of 2025.

Income Inequality in Bell County, TX was 14.52473 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Income Inequality in Bell County, TX reached a record high of 14.52473 in January of 2023 and a record low of 11.35751 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Income Inequality in Bell County, TX - last updated from the United States Federal Reserve on June of 2025.

Income Inequality in Bell County, KY was 19.11492 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Income Inequality in Bell County, KY reached a record high of 19.11492 in January of 2023 and a record low of 15.51879 in January of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for Income Inequality in Bell County, KY - last updated from the United States Federal Reserve on June of 2025.