Analysis of ‘US Adult Income’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/johnolafenwa/us-census-data on 28 January 2022.

--- Dataset description provided by original source is as follows ---

US Adult Census data relating income to social factors such as Age, Education, race etc.

The Us Adult income dataset was extracted by Barry Becker from the 1994 US Census Database. The data set consists of anonymous information such as occupation, age, native country, race, capital gain, capital loss, education, work class and more. Each row is labelled as either having a salary greater than ">50K" or "<=50K".

This Data set is split into two CSV files, named adult-training.txt and adult-test.txt.

The goal here is to train a binary classifier on the training dataset to predict the column income_bracket which has two possible values ">50K" and "<=50K" and evaluate the accuracy of the classifier with the test dataset.

Note that the dataset is made up of categorical and continuous features. It also contains missing values The categorical columns are: workclass, education, marital_status, occupation, relationship, race, gender, native_country

The continuous columns are: age, education_num, capital_gain, capital_loss, hours_per_week

This Dataset was obtained from the UCI repository, it can be found on

https://archive.ics.uci.edu/ml/datasets/census+income, http://mlr.cs.umass.edu/ml/machine-learning-databases/adult/

USAGE This dataset is well suited to developing and testing wide linear classifiers, deep neutral network classifiers and a combination of both. For more info on Combined Deep and Wide Model classifiers, refer to the Research Paper by Google https://arxiv.org/abs/1606.07792

Refer to this kernel for sample usage : https://www.kaggle.com/johnolafenwa/wage-prediction

Complete Tutorial is available from http://johnolafenwa.blogspot.com.ng/2017/07/machine-learning-tutorial-1-wage.html?m=1

--- Original source retains full ownership of the source dataset ---

The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $65,000 in 2021, according to the U.S. Census Bureau. Using this measure, middle income is made up of households making between $43,350 and $130,000 annually.This map isolates 7 income brackets within the middle class income range, and maps the relative predominance of each income range across the country for census tracts, counties, and states. The brackets defined in the map, drawn from ACS Household Income Distribution data, are as follows:Households whose income in the past 12 months was $125,000 to $149,999Households whose income in the past 12 months was $100,000 to $124,999Households whose income in the past 12 months was $75,000 to $99,999Households whose income in the past 12 months was $60,000 to $74,999Households whose income in the past 12 months was $50,000 to $59,999Households whose income in the past 12 months was $45,000 to $49,999Households whose income in the past 12 months was $40,000 to $44,999Click on each feature reveals more detailed information in the pop-up regarding the current predominant income bracket and compares these figures to historical data. Information included in the pop-up:The total number of homes falling into the predominant Middle Class income bracketThe total number of homes compared to the 2010 - 2014 ACS Household Income Distribution Variables.The percent change in homes within the predominant income bracket between the current ACS, and 2010 - 2014 ACS and whether or not this change is considered statistically significant.This map uses the most current release of data from the American Community Survey (ACS) about household income ranges and cutoffs. Web Map originally owned by Summers Cleary

This repository contains data for a data science class exercise.Students: This exercise is about income mobility over three generations: grandparents (g1), parents (g2), and children (g3). Your task is to predict log income in generation 3 using data on log incomes in generations 1 and 2. Additional predictors available include education in each generation, race as reported by the grandparent (g1), and sex of the respondent in g3.The data you will use are in for_students.zip.learning.csv contains 1,365 observations for which the outcome g3_log_income is recordedholdout_public.csv contains 1,365 observations for which the outcome g3_log_income is NAYour task is to build a predictive model using learning.csv. Then, make predictions for the cases in holdout_public.csv.Here are some details about the variables in the data. All cases are from the cross-sectional Survey Research Sample of the PSID. In each generation, we took each respondent's annual income over several surveys from age 30 to 45, adjusted to 2022 dollars, and took the average. We truncated the data to the range from $5,000 to $448,501.10, where the bottom code is arbitrary and the top code is what we believe to be the lowest PSID top code over the series (in 1978), converted to 2022 dollars. Education is the first report at ages 30-45, coded as less than high school, high school, some college, or 4+ years of college. We merged the data together across generations using the PSID Family Identification Mapping System 3-generation prospective linkage file. See for_replication.zip for code to produce these data as well as a log file noting sample restrictions.We are trusting the students to not open the instructor data, which contains the outcomes you are trying to predict. You could peek of course, but that would be no fun! We are trusting you not to peek.Instructors: The file for_instructors.zip contains the true holdout outcomes in holdout_private.csv. You can use these to evaluate students' predictive performance (as long as you trust that they have not peeked).For those replicating: The file for_replication.zip contains the directory structure and code that produced this exercise from raw files downloaded from the PSID.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, and USA.

This table includes figures on the average increase of rent broken down by income class. A distinction is made here between rental of regulated dwellings by social and other landlords and liberalised rental. Data available from: 2015. Status of the figures: The figures in this table are definitive. Changes as of 20 May 2025: The figures broken down by income class have been removed from this table for the categories of liberalised rents and total. These figures are not applicable and were previously published in error. Landlords can only request income data for regulated rents, which form the basis for this table. Changes as of 4 September 2024: The figures of 2024 have been published. Changes as of 8 September 2023: The category 'middle income' has been added to the table. When will new figures be published? New figures of 2025 will become available in September 2025.

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

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.

In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 80,610 dollars in 2023. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.

This table describes the distribution of income, consumption, and wealth components of the sector households in the national accounts over different household groups. Households are identified by main source of income, living situation, household composition, age classes of the head of the household, income class by 20 % groups.

Data available from: 2005 up to and including 2014.

Status of the figures: The figures of 2005-2014 are final.

Changes as of June 22nd 2018: None of them. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by table Income, consumption, wealth of households: key figures; National Accounts. For further information see section 3.

When will new figures be published? Not applicable anymore.

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.

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.

This table contains figures on the income of private households. The data can be broken down by income concept (primary income, gross income, disposable income, standardized income), income classes and various background characteristics of the household. Data available from: 2011. Status of the figures: The figures for 2011 to 2020 are final. The figures for 2021 are provisional. Changes as of November 15, 2022: Figures for 2020 are final and provisional figures for 2021 have been added. When will new numbers come out? Final figures for 2021 and provisional figures for 2022 will be available in the autumn of 2023.

Existing research analyzes the effects of cross national and temporal variation in income inequality on public opinion; however, research has failed to explore the impact of variation in inequality across citizens' local residential context. This article analyzes the impact of local inequality on citizens' belief in a core facet of the American ethos--meritocracy. We advance conditional effects hypotheses which collectively argue that the effect of residing in a high inequality context will be moderated by individual income. Utilizing national survey data, we demonstrate that residing in more unequal counties heightens rejection of meritocracy among low income residents and bolsters adherence among high income residents. In relatively equal counties, we find no significant differences between high and low income citizens. We conclude by discussing the implications of class-based polarization found in response to local inequality with respect to current debates over the consequences of income inequality for American democracy.

This dataset contains replication files for "The Fading American Dream: Trends in Absolute Income Mobility Since 1940" by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca, and Jimmy Narang. For more information, see https://opportunityinsights.org/paper/the-fading-american-dream/. A summary of the related publication follows. One of the defining features of the “American Dream” is the ideal that children have a higher standard of living than their parents. We assess whether the U.S. is living up to this ideal by estimating rates of “absolute income mobility” – the fraction of children who earn more than their parents – since 1940. We measure absolute mobility by comparing children’s household incomes at age 30 (adjusted for inflation using the Consumer Price Index) with their parents’ household incomes at age 30. We find that rates of absolute mobility have fallen from approximately 90% for children born in 1940 to 50% for children born in the 1980s. Absolute income mobility has fallen across the entire income distribution, with the largest declines for families in the middle class. These findings are unaffected by using alternative price indices to adjust for inflation, accounting for taxes and transfers, measuring income at later ages, and adjusting for changes in household size. Absolute mobility fell in all 50 states, although the rate of decline varied, with the largest declines concentrated in states in the industrial Midwest, such as Michigan and Illinois. The decline in absolute mobility is especially steep – from 95% for children born in 1940 to 41% for children born in 1984 – when we compare the sons’ earnings to their fathers’ earnings. Why have rates of upward income mobility fallen so sharply over the past half-century? There have been two important trends that have affected the incomes of children born in the 1980s relative to those born in the 1940s and 1950s: lower Gross Domestic Product (GDP) growth rates and greater inequality in the distribution of growth. We find that most of the decline in absolute mobility is driven by the more unequal distribution of economic growth rather than the slowdown in aggregate growth rates. When we simulate an economy that restores GDP growth to the levels experienced in the 1940s and 1950s but distributes that growth across income groups as it is distributed today, absolute mobility only increases to 62%. In contrast, maintaining GDP at its current level but distributing it more broadly across income groups – at it was distributed for children born in the 1940s – would increase absolute mobility to 80%, thereby reversing more than two-thirds of the decline in absolute mobility. These findings show that higher growth rates alone are insufficient to restore absolute mobility to the levels experienced in mid-century America. Under the current distribution of GDP, we would need real GDP growth rates above 6% per year to return to rates of absolute mobility in the 1940s. Intuitively, because a large fraction of GDP goes to a small fraction of high-income households today, higher GDP growth does not substantially increase the number of children who earn more than their parents. Of course, this does not mean that GDP growth does not matter: changing the distribution of growth naturally has smaller effects on absolute mobility when there is very little growth to be distributed. The key point is that increasing absolute mobility substantially would require more broad-based economic growth. We conclude that absolute mobility has declined sharply in America over the past half-century primarily because of the growth in inequality. If one wants to revive the “American Dream” of high rates of absolute mobility, one must have an interest in growth that is shared more broadly across the income distribution.

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.

Income statistics by economic family type and income source, annual.

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.

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.

Disposable Income per Capita: Middle Income data was reported at 33,925.000 RMB in 2024. This records an increase from the previous number of 32,195.000 RMB for 2023. Disposable Income per Capita: Middle Income data is updated yearly, averaging 24,111.810 RMB from Dec 2013 (Median) to 2024, with 12 observations. The data reached an all-time high of 33,925.000 RMB in 2024 and a record low of 15,697.999 RMB in 2013. Disposable Income per Capita: 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 by Income Level.