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

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.

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.

United States US: Income Share Held by Highest 10% data was reported at 30.600 % in 2016. This records an increase from the previous number of 30.100 % for 2013. United States US: Income Share Held by Highest 10% data is updated yearly, averaging 30.100 % from Dec 1979 (Median) to 2016, with 11 observations. The data reached an all-time high of 30.600 % in 2016 and a record low of 25.300 % in 1979. United States US: Income Share Held by Highest 10% 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.; ; 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 Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Minnesota, 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 21,058, while the mean income for the highest quintile (20% of households with the highest income) is 282,691. This indicates that the top earners earn 13 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 497,204, which is 175.88% higher compared to the highest quintile, and 2361.12% higher compared to the lowest quintile.

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:

• 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 2023 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 Minnesota median household income. You can refer the same here

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

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Bartlett, IL, 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 39,033, while the mean income for the highest quintile (20% of households with the highest income) is 306,604. 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 469,718, which is 153.20% higher compared to the highest quintile, and 1203.39% higher compared to the lowest quintile.

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:

• 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 2023 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 Bartlett median household income. You can refer the same here

Ghana GH: Income Share Held by Lowest 20% data was reported at 5.400 % in 2012. This records an increase from the previous number of 5.200 % for 2005. Ghana GH: Income Share Held by Lowest 20% data is updated yearly, averaging 6.200 % from Dec 1987 (Median) to 2012, with 6 observations. The data reached an all-time high of 7.000 % in 1988 and a record low of 5.200 % in 2005. Ghana GH: Income Share Held by Lowest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.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.

VITAL SIGNS INDICATOR Jobs by Wage Level (EQ1)

FULL MEASURE NAME Distribution of jobs by low-, middle-, and high-wage occupations

LAST UPDATED January 2019

DESCRIPTION Jobs by wage level refers to the distribution of jobs by low-, middle- and high-wage occupations. In the San Francisco Bay Area, low-wage occupations have a median hourly wage of less than 80% of the regional median wage; median wages for middle-wage occupations range from 80% to 120% of the regional median wage, and high-wage occupations have a median hourly wage above 120% of the regional median wage.

DATA SOURCE California Employment Development Department OES (2001-2017) http://www.labormarketinfo.edd.ca.gov/data/oes-employment-and-wages.html

American Community Survey (2001-2017) http://api.census.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Jobs are determined to be low-, middle-, or high-wage based on the median hourly wage of their occupational classification in the most recent year. Low-wage jobs are those that pay below 80% of the regional median wage. Middle-wage jobs are those that pay between 80% and 120% of the regional median wage. High-wage jobs are those that pay above 120% of the regional median wage. Regional median hourly wages are estimated from the American Community Survey and are published on the Vital Signs Income indicator page. For the national context analysis, occupation wage classifications are unique to each metro area. A low-wage job in New York, for instance, may be a middle-wage job in Miami. For the Bay Area in 2017, the median hourly wage for low-wage occupations was less than $20.86 per hour. For middle-wage jobs, the median ranged from $20.86 to $31.30 per hour; and for high-wage jobs, the median wage was above $31.30 per hour.

Occupational employment and wage information comes from the Occupational Employment Statistics (OES) program. Regional and subregional data is published by the California Employment Development Department. Metro data is published by the Bureau of Labor Statistics. The OES program collects data on wage and salary workers in nonfarm establishments to produce employment and wage estimates for some 800 occupations. Data from non-incorporated self-employed persons are not collected, and are not included in these estimates. Wage estimates represent a three-year rolling average.

Due to changes in reporting during the analysis period, subregion data from the EDD OES have been aggregated to produce geographies that can be compared over time. West Bay is San Mateo, San Francisco, and Marin counties. North Bay is Sonoma, Solano and Napa counties. East Bay is Alameda and Contra Costa counties. South Bay is Santa Clara County from 2001-2004 and Santa Clara and San Benito counties from 2005-2017.

Due to changes in occupation classifications during the analysis period, all occupations have been reassigned to 2010 SOC codes. For pre-2009 reporting years, all employment in occupations that were split into two or more 2010 SOC occupations are assigned to the first 2010 SOC occupation listed in the crosswalk table provided by the Census Bureau. This method assumes these occupations always fall in the same wage category, and sensitivity analysis of this reassignment method shows this is true in most cases.

In order to use OES data for time series analysis, several steps were taken to handle missing wage or employment data. For some occupations, such as airline pilots and flight attendants, no wage information was provided and these were removed from the analysis. Other occupations did not record a median hourly wage (mostly due to irregular work hours) but did record an annual average wage. Nearly all these occupations were in education (i.e. teachers). In this case, a 2080 hour-work year was assumed and [annual average wage/2080] was used as a proxy for median income. Most of these occupations were classified as high-wage, thus dispelling concern of underestimating a median wage for a teaching occupation that requires less than 2080 hours of work a year (equivalent to 12 months fulltime). Finally, the OES has missing employment data for occupations across the time series. To make the employment data comparable between years, gaps in employment data for occupations are ‘filled-in’ using linear interpolation if there are at least two years of employment data found in OES. Occupations with less than two years of employment data were dropped from the analysis. Over 80% of interpolated cells represent missing employment data for just one year in the time series. While this interpolating technique may impact year-over-year comparisons, the long-term trends represented in the analysis generally are accurate.

This data file includes the Inequality and Poverty Key Figures (as of March 2022), constructed for all Luxembourg Income Study (LIS) Study datasets in all waves. It includes multiple national-level measures: • on inequality measures: Gini, Atkinson coefficients, and percentile ratios • on relative poverty rates for various demographic groups • median and mean of disposable household income

This project sought to renew the ESRC's invaluable financial support to LIS (formerly the Luxembourg Income Study) for a period of five more years. LIS is an independent, non-profit cross-national data archive and research institute located in Luxembourg. LIS relies on financial contributions from national science foundations, other research institutions and consortia, data-providing agencies, and supranational organisations to support data harmonisation and enable free and unlimited data access to researchers in the participating countries and to students world-wide. LIS' primary activity is to make harmonised household microdata available to researchers, thus enabling cross-national, interdisciplinary primary research into socio-economic outcomes and their determinants. Users of the Luxembourg Income Study Database and Luxembourg Wealth Study Database come from countries around the globe, including the UK. LIS has four goals: 1) to harmonise microdatasets from high- and middle-income countries that include data on income, wealth, employment, and demography; 2) to provide a secure method for researchers to query data that would otherwise be unavailable due to country-specific privacy restrictions; 3) to create and maintain a remote-execution system that sends research query results quickly back to users at off-site locations; and 4) to enable, facilitate, promote and conduct crossnational comparative research on the social and economic wellbeing of populations across countries. LIS contains the Luxembourg Income Study (LIS) Database, which includes income data, and the Luxembourg Wealth Study (LWS) Database, which focuses on wealth data. LIS currently includes microdata from 46 countries in Europe, the Americas, Africa, Asia and Australasia. LIS contains over 250 datasets, organised into eight time "waves," spanning the years 1968 to 2011. Since 2007, seventeen more countries have been added to LIS, including the BRICS countries (Brazil, Russia, India, China, South Africa), Japan, South Korea and a number of other Latin American countries. LWS contains 20 wealth datasets from 12 countries, including the UK, and covers the period 1994 to 2007. All told, LIS and LWS datasets together cover 86% of world GDP and 64% of world population. Users submit statistical queries to the microdatabases using a Java-based job submission interface or standard email. The databases are especially valuable for primary research in that they offer access to cross-national data at the micro-level - at the level of households and persons. Users are economists, sociologists, political scientists, and policy analysts, among others, and they employ a range of statistical approaches and methods. LIS also provides extensive documentation - metadata - for both LIS and LWS, concerning technical aspects of the survey data, the harmonisation process, and the social institutions of income and wealth provision in participating countries. In the next five years, for which support is sought, LIS will: - expand LIS, adding Waves IX (2013) and X (2016), and add new middle-income countries; - develop LWS, adding another wave of datasets to existing countries; acquire new wealth datasets for 14 more countries in cooperation with the European Central Bank (based on the Household Finance and Consumption Survey); - create a state-of-the-art metadata search and storage system; - maintain international standards in data security and data infrastructure systems; - provide high-quality harmonised household microdata to researchers around the world; - enable interdisciplinary cross-national social science research covering 45+ countries, including the UK; - aim to broaden its reach and impact in academic and non-academic circles through focused communications strategies and collaborations.

Sri Lanka LK: Income Share Held by Highest 20% data was reported at 47.600 % in 2016. This records an increase from the previous number of 47.000 % for 2012. Sri Lanka LK: Income Share Held by Highest 20% data is updated yearly, averaging 45.850 % from Dec 1985 (Median) to 2016, with 8 observations. The data reached an all-time high of 48.600 % in 2002 and a record low of 41.100 % in 1985. Sri Lanka LK: 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 Sri Lanka – Table LK.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.

These reports culminate the findings of the Household Income and Expenditure Survey (HIES) that was undertaken from September 2012 to the end of August 2013 and the 2006 HIES data

Jordan JO: Income Share Held by Third 20% data was reported at 15.800 % in 2010. This records a decrease from the previous number of 16.100 % for 2008. Jordan JO: Income Share Held by Third 20% data is updated yearly, averaging 15.700 % from Dec 1986 (Median) to 2010, with 7 observations. The data reached an all-time high of 16.100 % in 2008 and a record low of 14.000 % in 1992. Jordan JO: Income Share Held by Third 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jordan – Table JO.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.

This article investigates the dynamic impact of green energy consumption (GE), financial inclusion (FI), and military spending (MS) on environmental sustainability (ES) by utilizing a sample of 121 countries from 2003 to 2022. The dataset is divided into high-income, upper-middle income and low and lower-middle-income countries. We employed a two-step system GMM approach, which was further robust through panel Quantile and Driscoll-Kraay (D-K) regressions. The findings divulged that green energy resources benefit ES at global and all income levels because of having a significant negative impact of 5.9% on ecological footprints. At the same time, FI and MS significantly enhance ecological footprints by 7% and 6.9%, respectively, proving these factors detrimental to ES. Moreover, conflicts (CON), terrorism (TM), institutional quality (IQ), and socioeconomic conditions (SEC) also have a significantly positive association with global ecological footprints and most of the income level groups. Dissimilarly, financial inclusion and armed conflicts have a non-significant influence on ecological footprints in low-income and high-income countries, respectively. Furthermore, institutional quality enhances ES in upper-middle and low and lower-middle-income countries by negatively affecting ecological footprints. At the same time, terrorism significantly reduces ecological footprints in high-income countries. This research also provides the imperative policy inferences to accomplish various SDGs.

Turkey TR: Income Share Held by Highest 20% data was reported at 48.300 % in 2016. This records a decrease from the previous number of 49.200 % for 2015. Turkey TR: Income Share Held by Highest 20% data is updated yearly, averaging 47.000 % from Dec 1987 (Median) to 2016, with 17 observations. The data reached an all-time high of 49.900 % in 1987 and a record low of 44.700 % in 2007. Turkey TR: 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 Turkey – Table TR.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.

Additional file 3. Definitions used by the 13 countries whose data are included in the inaugural version (2021).

Lithuania LT: Income Share Held by Lowest 10% data was reported at 2.100 % in 2015. This stayed constant from the previous number of 2.100 % for 2014. Lithuania LT: Income Share Held by Lowest 10% data is updated yearly, averaging 2.300 % from Dec 1993 (Median) to 2015, with 13 observations. The data reached an all-time high of 3.400 % in 1993 and a record low of 1.800 % in 2009. Lithuania LT: Income Share Held by Lowest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Lithuania – Table LT.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; 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.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Centre, AL, 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 13,645, while the mean income for the highest quintile (20% of households with the highest income) is 158,839. This indicates that the top earners earn 12 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 324,779, which is 204.47% higher compared to the highest quintile, and 2380.21% 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 Centre median household income. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in Minnesota, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Minnesota increased by $7,133 (8.87%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 8 years and declined for 5 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

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 Minnesota median household income. You can refer the same here