Us Census Bureau Median Family Income Four Person Family
| Parts of this commodity (those related to documentation) need to exist updated. (September 2020) |
Household income is an economical standard that tin can be applied to i household, or aggregated beyond a large grouping such as a county, city, or the whole state. It is commonly used by the United States authorities and private institutions to describe a household's economic status or to track economical trends in the US.
A central measure of household income is the median income, at which half of households have income above that level and half below. The U.S. Demography Agency reports two median household income estimates based on data from two surveys: the Current Population Survey (CPS) and the American Community Survey (ACS). The CPS is the recommended source for national-level estimates, whereas the ACS gives estimates for many geographic levels.[2] : 19 [three] : 10 According to the CPS, the median household income was $63,179 in 2018.[2] [4] According to the ACS, the U.South. median household income in 2018 was $61,937.[3] Estimates for previous years are given in terms of real income, which have been adjusted for changes to the cost of goods and services.
The distribution of U.S. household income has become more unequal since around 1980, with the income share received past the top 1% trending upward from around 10% or less over the 1953–1981 period to over 20% by 2007.[5] Afterward falling somewhat due to the Great Recession in 2008 and 2009, inequality rose once again during the economic recovery, a typical pattern historically.[half-dozen] [7]
Definition [edit]
A household's income can be calculated in various ways simply the U.s.a. Census equally of 2009 measured it in the following manner: the income of every resident of that house that is over the age of 15, including pre-revenue enhancement wages and salaries, along with any pre-tax personal business, investment, or other recurring sources of income, likewise as any kind of governmental entitlement such as unemployment insurance, social security, inability payments or child support payments received.[8]
The residents of the household do not have to be related to the head of the household for their earnings to be considered office of the household's income.[ix] As households tend to share a similar economic context, the use of household income remains among the near widely accepted measures of income. That the size of a household is not commonly taken into account in such measures may misconstrue any analysis of fluctuations within or among the household income categories, and may render direct comparisons between quintiles difficult or even incommunicable.[10] The U.s.a. Census does not include noncash benefits such equally health benefits.[11]
Recent trends [edit]
The Current Population Survey of the U.Due south. Census Bureau reported in September 2017 that real median household income was $59,039 in 2016, exceeding any previous year. This was the fourth consecutive yr with a statistically significant increase by their measure.[14]
Changes in median income reflect several trends: the crumbling of the population, irresolute patterns in work and schooling, and the evolving makeup of the American family, as well equally long- and curt-term trends in the economic system itself. For instance, the retirement of the Babe Boom generation should push down overall median income, as more persons enter lower-income retirement. However, assay of different working age groups bespeak a similar pattern of stagnating median income every bit well.[15]
Journalist Annie Lowrey wrote in September 2014: "The root causes [of wage stagnation] include technological change, the pass up of labor unions, and globalization, economists think, though they disagree sharply on how much to weight each factor. But foreign-produced goods became sharply cheaper, meaning imports climbed and production moved overseas. And computers took over for humans in many manufacturing, clerical, and authoritative tasks, eroding middle-form jobs growth and suppressing wages."[16]
Some other line of analysis, known as "total bounty," presents a more than complete moving-picture show of existent wages. The Kaiser Family Foundation conducted a study in 2013 which shows that employer contributions to employee healthcare costs went upwards 78% from 2003 to 2013.[17] The marketplace has made a merchandise-off: expanding benefits packages vs. increasing wages.
Measured relative to Gross domestic product, full compensation and its component wages and salaries have been declining since 1970. This indicates a shift in income from labor (persons who derive income from hourly wages and salaries) to uppercase (persons who derive income via ownership of businesses, country and assets). This trend is common across the developed world, due in part to globalization.[18] Wages and salaries accept fallen from approximately 51% GDP in 1970 to 43% GDP in 2013. Total compensation has fallen from approximately 58% Gross domestic product in 1970 to 53% Gross domestic product in 2013.[19]
Nevertheless, every bit indicated by the charts beneath, household income has even so increased significantly since the late 1970s and early 80s in real terms, partly due to higher private median wages, and partly due to increased employment of women.
Co-ordinate to the CBO, between 1979 and 2011, gross median household income, adapted for aggrandizement, rose from $59,400 to $75,200, or 26.5%.[20] However, once adjusted for household size and looking at taxes from an later on-tax perspective, existent median household income grew 46%, representing significant growth.[21]
The following table summarizes existent median household income at key recent milestones:
Variable | 1999 Previous Record | 2007 Pre-Crisis Peak | 2012 Mail-Crisis Trough | 2016 Previous Record | 2017 Previous Record | 2018 Record |
---|---|---|---|---|---|---|
Real median household income[22] | $61,526 | $60,985 | $55,900 | $61,779 | $62,626 | $63,179 |
Uses [edit]
Use of individual household income: The government and organizations may look at 1 particular household's income to decide if a person is eligible for certain programs, such as diet assistance [23] or demand-based financial aid,[24] among many others.
Use at the aggregate level: Summaries of household incomes across groups of people – oft the entire land – are also studied every bit part of economical trends like standard of living and distribution of income and wealth. Household income every bit an economic measure tin exist represented every bit a median, a mean, a distribution, and other ways. Household income can be studied across time, region, pedagogy level, race/ethnicity, and many other dimensions. As an indicator of economical trends, it may be studied forth with related economic measures such as disposable income, debt, household net worth (which includes debt and investments, durable goods like cars and houses), wealth, and employment statistics.
Median aggrandizement-adjusted ("real") household income [edit]
Median inflation-adjusted ("real") household income more often than not increases and decreases with the business cycle, failing in each year during the periods 1979 through 1983, 1990 through 1993, 2000 through 2004 and 2008 through 2012, while ascension in each of the intervening years.[20] Extreme poverty in the United States, meaning households living on less than $2 per person per day before regime benefits, more than doubled in absolute terms from 636,000 to 1.46 million households (including 2.8 million children) betwixt 1996 and 2011, with most of this increment occurring between belatedly 2008 and early on 2011.[25]
CBO income growth study [edit]
The nonpartisan Congressional Budget Office conducted a report analyzing household income throughout the income distribution, past combining the Census and IRS income data sources. Unlike the Census measure of household income, the CBO showed income before and later on taxes, and past also taking into account household size.[26] Also, the CBO definition of income is much broader, and includes in kind transfers every bit well every bit all monetary transfers from the government.[26] The Census' official definition of money income excludes food stamps and the EITC, for example, while CBO includes it.
Between 1979 and 2011, gross median household income, adjusted for aggrandizement, rose from $59,400 to $75,200, or 26.five%. This compares with the Demography' growth of 10%.[20] However, in one case adjusted for household size and looking at taxes from an after-tax perspective, real median household income grew 46%, representing significant growth.[21]
While median gross household income showed much stronger growth than depicted by the Census, inequality was shown to still accept increased. The summit 10% saw gross household income grow by 78%, versus 26.5% for the median. The bottom 10%, using the aforementioned measure, saw higher growth than the median (40%).[21]
Since 1980, U.South. gross domestic production (Gdp) per capita has increased 67%,[28] while median household income has merely increased by fifteen%. Median household income is a politically sensitive indicator. Voters can be disquisitional of their government if they perceive that their cost of living is rising faster than their income.
The early-2000s recession began with the bursting of the dot-com bubble and affected most avant-garde economies including the Eu, Japan and the United States. An economic recession volition normally crusade household incomes to decrease, often by as much as 10%.
The late-2000s recession began with the bursting of the U.S. housing bubble, which caused a problem in the dangerously exposed sub prime number-mortgage market. This in plough triggered a global fiscal crisis. In constant price, 2011 American median household income was 1.thirteen% lower than what it was in 1989. This corresponds to a 0.05% almanac decrease over a 22-twelvemonth period.[29] In the meantime, Gross domestic product per capita has increased by 33.8% or 1.33% annually.[30]
A study on US Census income data claims that when using the national accounting methodology, U.Southward. gross median household income was $57,739 in 2010 (tabular array 3).[31]
In 2015, the US median household income spiked 5.2 per cent, reaching $56,000, making it the kickoff annual hike in median household income since the start of the Neat Recession.[32]
Mean household income [edit]
Another common measurement of personal income is the mean household income. Dissimilar the median household income, which divides all households in two halves, the mean income is the average income earned by American households. In the case of mean income, the income of all households is divided by the number of all households.[33] The mean income is more affected by the relatively unequal distribution of income which tilts towards the tiptop.[34] As a result, the hateful will be college than the median income, with the top earning households boosting it. Overall, the mean household income in the United States, co-ordinate to the The states Census Agency 2014 Annual Social and Economic Supplement, was $72,641.[35]
The US Demography Bureau as well provides a breakup by self-identified ethnic groups equally follows (as of March 2018):
Ethnic category | Mean household income |
---|---|
Asian lone | $112,105 |
White solitary | $99,632 |
Hispanic or Latino | $60,319 |
Black | $63,985 |
Mean vs. median household income [edit]
Median income is the corporeality which divides the income distribution into ii equal groups, one-half having income above that corporeality, and half having income beneath that amount. Mean income (average) is the amount obtained past dividing the total aggregate income of a group by the number of units in that group. The ways and medians for households and families are based on all households and families. Means and medians for people are based on people xv years one-time and over with income.
—United states Census Bureau, Frequently Asked Question, published by First Gov.[33]
Aggregate income distribution [edit]
| This section needs to be updated. (August 2018) |
The aggregate income measures the combined income earned by all persons in a particular income group. In 2018, the full personal income earned in the The states was $17.half-dozen trillion.[36] In 2008, all households in the United States earned roughly $12,442.2 billion.[36] One half, 49.98%, of all income in the The states was earned past households with an income over $100,000, the top 20 per centum. Over one quarter, 28.five%, of all income was earned by the top 8%, those households earning more than $150,000 a twelvemonth. The top 3.65%, with incomes over $200,000, earned 17.5%. Households with annual incomes from $50,000 to $75,000, 18.2% of households, earned 16.5% of all income. Households with almanac incomes from $fifty,000 to $95,000, 28.1% of households, earned 28.8% of all income. The bottom 10.three% earned ane.06% of all income.[ citation needed ]
Household income and demographics [edit]
Racial and indigenous groups [edit]
in 2005
White Americans made up roughly 75.i% of all people in 2000,[37] 87.93% of all households in the height 5% were headed by a person who identified as beingness White alone. Only 4.75% of all household in the summit 5% were headed by someone who identified as Hispanic or Latino of whatsoever race,[38] versus 12.5% of persons identifying themselves as Hispanic or Latino in the full general population.[37]
Overall, 86.01% of all households in the top two quintiles with upper-middle range incomes of over $55,332 were headed by someone identifying as White solitary, while 7.21% were beingness headed by someone who identified as Hispanic and seven.37% by someone who identified as African American or Black.[38] Overall, households headed by Hispanics and African Americans were underrepresented in the top two quintiles and overrepresented in the bottom two quintiles. Households headed by people who identified as being Asian lone were also overrepresented among the acme two quintiles. In the top v pct the percentage of Asians was nearly twice as loftier as the percentage of Asians among the general population. Whites were relatively even distributed throughout the quintiles but existence underrepresented in the everyman quintile and slightly overrepresented in the top quintile and the top five percent.[38]
In terms of race in 2004 data, Asian-American households had the highest median household income of $57,518, European-American households ranked 2d with $48,977, Hispanic or Latino households ranked third with $34,241. African-American or Black households had the everyman median household income of all races with $30,134.[39]
Ethnic group | All households | Lowest fifth | Second fifth | Middle fifth | 4th fifth | Highest fifth | Top 5% | |
---|---|---|---|---|---|---|---|---|
White alone | Number in 1000s | 92,702 | 16,940 | eighteen,424 | 18,978 | 19,215 | 19,721 | v,029 |
Percent | 81.93% | 74.87% | 81.42% | 83.87% | 84.92% | 87.xvi% | 87.93% | |
Asian alone | Number in 1000s | iv,140 | 624 | 593 | 786 | 871 | 1,265 | 366 |
Percentage | 3.65% | ii.76% | 2.26% | iii.47% | iii.84% | 5.59% | six.46% | |
Blackness | Number in 1000s | 13,792 | 4,474 | 3,339 | 2,637 | ii,053 | 1,287 | 236 |
Percentage | 12.19% | xix.77% | 14.75% | 11.65% | 9.07% | five.69% | 4.17% | |
Hispanic or Latino (of any race) | Number in 1000s | 12,838 | 3,023 | three,130 | two,863 | i,931 | 1,204 | 269 |
Percentage | 11.33% | 13.56% | 13.83% | 12.20% | 8.53% | 5.89% | 4.75% |
Source: US Census Bureau, 2004 [38]
Education and gender [edit]
Household income as well as per capita income in the United States rising significantly as the educational attainment increases.[41] In 2005 graduates with a Master'due south in Business concern Administration (MBA) who accustomed job offers were expected to earn a base salary of $88,626. They were likewise expected to receive an "boilerplate signing bonus of $17,428."[42]
According to the US Census Bureau persons with doctorates in the The states had an boilerplate income of roughly $81,400. The average for an advanced degree was $72,824, with men averaging $xc,761 and women averaging $fifty,756 annually. Twelvemonth-circular full-time workers with a professional caste had an average income of $109,600 while those with a master's degree had an average income of $62,300. Overall, "…[a]verage earnings ranged from $eighteen,900 for high schoolhouse dropouts to $25,900 for high school graduates, $45,400 for higher graduates and $99,300 for workers with professional degrees (M.D., O.D., D.P.T., D.P.M., D.O., J.D., Pharm.D., D.D.S., or D.V.Thou.)."[43]
Individuals with graduate degrees have an average per capita income exceeding the median household income of married couple families among the general population ($63,813 annually).[43] [44] Higher educational attainment did not, however, help close the income gap between the genders every bit the life-time earnings for a male with a professional degree were roughly forty percent (39.59%) higher than those of a female with a professional person degree. The lifetime earnings gap betwixt males and females was the smallest for those individuals belongings an associate degrees with male life-time earnings being 27.77% higher than those of females. While educational attainment did not assist reduce the income inequality between men and women, it did increase the earnings potential of individuals of both sexes, enabling many households with one or more graduate caste householders to enter the peak household income quintile.[43] These data were not adjusted for preferential differences among men and women whom nourish college.
Household income also increased significantly with the educational attainment of the householder. The United states Census Bureau publishes educational attainment and income information for all households with a householder who was anile xx-v or older. The biggest income deviation was between those with some higher educational activity and those who had a Bachelor's degree, with the latter making $23,874 more annually. Income also increased substantially with increased post-secondary education. While the median annual household income for a household with a householder having an associate caste was $51,970, the median annual household income for householders with a bachelor'due south degree or higher was $73,446. Those with doctorates had the 2d highest median household with a median of $96,830; $18,289 more than that for those at the main's degree level, but $3,170 lower than the median for households with a professional caste holding householder.[40]
Criteria | Overall | Less than 9th grade | Some high school | High schoolhouse graduate or equivalent | Some college | Associate degree | Bachelor's degree | Bachelor's degree or more than | Main's degree | Professional degree | Doctoral degree | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Median almanac individual income | Male, age 25+ | $33,517 | $15,461 | $18,990 | $28,763 | $35,073 | $39,015 | $50,916 | $55,751 | $61,698 | $88,530 | $73,853 |
Female, historic period 25+ | $19,679 | $9,296 | $10,786 | $15,962 | $21,007 | $24,808 | $31,309 | $35,125 | $41,334 | $48,536 | $53,003 | |
Median annual household income[45] | $62,625 | $26,587 | $30,100 | $44,970 | $55,563 | $64,263 | $91,772 ? | $100,021 | $108,231 | $139,069 | $140,110 |
The change in median personal and household since 1991 also varied greatly with educational attainment. The following table shows the median household income according to the educational attainment of the householder. All data is in 2003 dollars and only applies to householders whose householder is aged twenty-five or older. The highest and everyman points of the median household income are presented in bold face.[40] [46] Since 2003, median income has continued to rise for the nation as a whole, with the biggest gains going to those with associate degrees, bachelor's degree or more, and master's degrees. Loftier-school dropouts fared worse with negative growth.
Year | Overall Median | Less than ninth grade | Some high school | High schoolhouse graduate | Some college | Associate caste | Bachelor's degree | Bachelor's degree or more | Master's caste | Professional person caste | Doctoral degree |
---|---|---|---|---|---|---|---|---|---|---|---|
1991 | $40,873 | $17,414 | $23,096 | $37,520 | $46,296 | $52,289 | $64,150 | $68,845 | $72,669 | $102,667 | $92,614 |
1993 | $40,324 | $17,450 | $22,523 | $35,979 | $44,153 | $49,622 | $64,537 | $70,349 | $75,645 | $109,900 | $93,712 |
1995 | $42,235 | $18,031 | $21,933 | $37,609 | $44,537 | $50,485 | $63,357 | $69,584 | $77,865 | $98,302 | $95,899 |
1997 | $43,648 | $17,762 | $22,688 | $38,607 | $45,734 | $51,726 | $67,487 | $72,338 | $77,850 | $105,409 | $99,699 |
1999 | $46,236 | $xix,008 | $23,977 | $39,322 | $48,588 | $54,282 | $70,925 | $76,958 | $82,097 | $110,383 | $107,217 |
2001 | $42,900 | $eighteen,830 | $24,162 | $37,468 | $47,605 | $53,166 | $69,796 | $75,116 | $81,993 | $103,918 | $96,442 |
2003 | $45,016 | $18,787 | $22,718 | $36,835 | $45,854 | $56,970 | $68,728 | $73,446 | $78,541 | $100,000 | $96,830 |
Average | $43,376 | $18,183 | $23,013 | $37,620 | $46,109 | $51,934 | $66,997 | $72,376 | $78,094 | $104,368 | $94,487 |
Source: US Demography Bureau, 2003 [40]
Historic period of householder [edit]
Household income in the United States varies substantially with the historic period of the person who heads the household. Overall, the median household income increased with the historic period of householder until retirement age when household income started to decline.[48] The highest median household income was plant among households headed by working infant-boomers.[48]
Households headed by persons between the ages of 45 and 54 had a median household income of $61,111 and a mean household income of $77,634. The median income per member of household for this particular grouping was $27,924. The highest median income per fellow member of household was amongst those between the ages of 54 and 64 with $30,544 [The reason this figure is lower than the next group is because pensions and Social Security add to income while a portion of older individuals too have work-related income.].[48]
The grouping with the second highest median household income, were households headed by persons between the ages 35 and 44 with a median income of $56,785, followed by those in the age group betwixt 55 and 64 with $50,400. Not surprisingly the lowest income group was composed of those households headed by individuals younger than 24, followed by those headed past persons over the age of 75. Overall, households headed by persons in a higher place the age of seventy-five had a median household income of $20,467 with the median household income per member of household being $18,645. These figures back up the general assumption that median household income every bit well as the median income per member of household peaked amongst those households headed by eye aged persons, increasing with the age of the householder and the size of the household until the householder reaches the age of 64. With retirement income replacing salaries and the size of the household declining, the median household income decreases as well.[48]
Household size [edit]
While median household income has a trend to increment up to 4 persons per household, it declines for households beyond four persons. For case, in the country of Alabama in 2004, ii-person households had a median income of $39,755, with $48,957 for three-person households, $54,338 for four-person households, $fifty,905 for five-person households, $45,435 for six-person households, with seven-or-more-person households having the 2nd lowest median income of but $42,471.[49]
Geography [edit]
Considering other racial and geographical differences in regards to household income, it should come as no surprise that the median household income varies with race, size of household and geography. The state with the highest median household income in the United states as of the US Census Agency 2009 is Maryland with $69,272, followed by New Jersey, Connecticut and Alaska, making the Northeastern United States the wealthiest area by income in the entire country.[l]
Regionally, in 2010, the Northeast reached a median income of $53,283, the West, $53,142, the S, $45,492, and the Midwest, $48,445.[51] Each effigy represents a decline from the previous twelvemonth.
Median household income past land [edit]
In 2007, the median household income by land ranged from $36,338 in Mississippi to $68,080 in Maryland. Despite having the highest median home price in the nation[52] and home prices that far outpaced incomes,[53] California ranked only eighth in income that twelvemonth, with a median household income of $59,984. While California's median income was non almost plenty to beget the average California abode or even a starter habitation, West Virginia, which had one of the nation's lowest median household incomes, likewise had the nation'due south everyman median dwelling cost.[52] [54]
When grouped by Census Bureau Region, of the xv states that, in 2017, had the highest median household income, merely Minnesota is located in the Mid-W. Five are in the Northeast (Connecticut, Massachusetts, New Hampshire, New Jersey and Rhode Isle), three are South Atlantic states (Washington D.C., Maryland and Virginia) while the remaining six are in the Due west (Alaska, California, Colorado, Hawaii, Washington and Utah).
The southern states had, on average, the lowest median household income, with nine of the country'southward 15 poorest states located in the South. However, most of the poverty in the South is located in rural areas. Metropolitan areas such as Atlanta, Nashville, Charlotte, Raleigh, Birmingham, Dallas, Houston, and Miami are areas within the southern states that have above boilerplate income levels. Overall, median household income tended to exist the highest in the nation's most urbanized northeastern, upper midwestern and w declension states, while rural areas, mostly in the southern and mount states (similar New United mexican states, Montana and Idaho), had the everyman median household income.[54]
As of 2019, the median household income ranged from $20,474 in Puerto Rico to $92,266 in the District of Columbia. Notation that the U.S. Demography Agency treats Puerto Rico equally if it were a country (Puerto Rico is included in the American Community Survey).[55]
All data is from the 2009–2019 American Community Survey 1-Twelvemonth Estimates.[56] [57] [58] [59] [threescore]
Rank | +/- * | State or territory | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
i | +8 | Commune of Columbia | $92,266 | $85,203 | $82,336 | $75,506 | $75,628 | $71,648 | $67,572 | $65,246 | $66,583 | $63,124 | $59,290 |
2 | −1 | Maryland | $86,738 | $83,242 | $fourscore,776 | $78,945 | $75,847 | $73,971 | $72,483 | $71,836 | $seventy,004 | $68,854 | $69,272 |
3 | +3 | Massachusetts | $85,843 | $79,835 | $77,385 | $75,297 | $70,628 | $69,160 | $66,768 | $65,339 | $62,859 | $62,072 | $64,081 |
4 | −2 | New Bailiwick of jersey | $85,751 | $81,740 | $80,088 | $76,126 | $72,222 | $72,919 | $seventy,165 | $69,667 | $67,458 | $67,681 | $68,342 |
5 | - | Hawaii | $83,102 | $80,212 | $77,765 | $74,511 | $73,486 | $69,592 | $68,020 | $66,259 | $61,821 | $63,030 | $64,098 |
vi | +four | California | $80,440 | $75,277 | $71,805 | $67,739 | $64,500 | $61,933 | $lx,190 | $58,328 | $57,287 | $57,708 | $58,931 |
7 | −4 | Connecticut | $78,833 | $76,348 | $74,168 | $73,433 | $71,346 | $70,048 | $67,098 | $67,276 | $65,753 | $64,032 | $67,034 |
8 | +4 | Washington | $78,687 | $74,043 | $lxx,979 | $67,106 | $64,129 | $61,366 | $58,405 | $57,573 | $56,835 | $55,631 | $56,548 |
nine | −2 | New Hampshire | $77,933 | $74,991 | $73,381 | $70,936 | $70,303 | $66,532 | $64,230 | $63,280 | $62,647 | $61,042 | $60,567 |
10 | +iv | Colorado | $77,127 | $71,953 | $69,117 | $65,685 | $63,909 | $61,303 | $58,823 | $56,765 | $55,387 | $54,046 | $55,430 |
xi | −3 | Virginia | $76,456 | $72,577 | $71,535 | $68,114 | $66,262 | $64,902 | $62,666 | $61,741 | $61,882 | $60,674 | $59,330 |
12 | +iii | Utah | $75,780 | $71,414 | $68,358 | $65,977 | $62,912 | $60,922 | $59,770 | $57,049 | $55,869 | $54,744 | $55,117 |
xiii | −9 | Alaska | $75,463 | $74,346 | $73,181 | $76,440 | $73,355 | $71,583 | $72,237 | $67,712 | $67,825 | $64,576 | $66,953 |
14 | −i | Minnesota | $74,593 | $70,315 | $68,388 | $65,599 | $63,488 | $61,481 | $60,702 | $58,906 | $56,954 | $55,459 | $55,616 |
fifteen | +i | New York | $72,108 | $67,844 | $64,894 | $62,909 | $60,850 | $58,878 | $57,369 | $56,448 | $55,246 | $54,148 | $54,659 |
xvi | +i | Rhode Isle | $71,169 | $64,340 | $63,870 | $60,596 | $58,073 | $54,891 | $55,902 | $54,554 | $53,636 | $52,254 | $54,119 |
17 | −6 | Delaware | $70,176 | $64,805 | $62,852 | $61,757 | $61,255 | $59,716 | $57,846 | $54,554 | $58,814 | $55,847 | $56,860 |
xviii | - | Illinois | $69,187 | $65,030 | $62,992 | $threescore,960 | $59,588 | $57,444 | $56,210 | $55,137 | $53,234 | $52,972 | $53,966 |
19 | +vi | Oregon | $67,058 | $63,246 | $60,212 | $57,532 | $54,148 | $51,075 | $50,251 | $49,161 | $46,816 | $46,560 | $48,457 |
xx | - | Wyoming | $65,003 | $61,584 | $sixty,434 | $59,882 | $60,214 | $57,055 | $58,752 | $54,901 | $56,322 | $53,512 | $52,664 |
21 | +8 | North Dakota | $64,577 | $63,837 | $61,843 | $60,656 | $sixty,557 | $59,029 | $55,759 | $53,585 | $51,704 | $48,670 | $47,827 |
22 | - | Wisconsin | $64,168 | $60,773 | $59,305 | $56,811 | $55,638 | $52,622 | $51,467 | $51,059 | $50,395 | $49,001 | $49,993 |
23 | +four | Texas | $64,034 | $60,629 | $59,206 | $56,565 | $55,653 | $53,035 | $51,704 | $50,740 | $49,392 | $48,615 | $48,259 |
24 | –1 | Pennsylvania | $63,463 | $threescore,905 | $59,195 | $56,907 | $55,702 | $53,234 | $52,007 | $51,230 | $50,228 | $49,288 | $49,520 |
25 | −six | Nevada | $63,276 | $58,646 | $58,003 | $55,180 | $52,431 | $51,450 | $51,230 | $49,760 | $48,927 | $51,001 | $53,341 |
26 | - | Nebraska | $63,229 | $59,566 | $59,970 | $56,927 | $54,996 | $52,686 | $51,440 | $50,723 | $fifty,296 | $52,504 | $48,408 |
27 | −6 | Vermont | $63,001 | $60,782 | $57,513 | $57,677 | $56,990 | $54,166 | $52,578 | $52,997 | $52,776 | $49,406 | $51,618 |
28 | +2 | Kansas | $62,087 | $58,218 | $56,422 | $54,935 | $53,906 | $52,504 | $l,972 | $l,241 | $48,264 | $48,257 | $47,817 |
29 | −5 | Arizona | $62,055 | $59,246 | $56,581 | $53,558 | $51,492 | $50,068 | $48,510 | $47,826 | $46,709 | $46,789 | $48,745 |
30 | +viii | Georgia | $61,980 | $58,756 | $56,183 | $53,559 | $51,244 | $49,321 | $47,829 | $47,209 | $46,007 | $46,430 | $44,736 |
31 | −three | Iowa | $61,691 | $59,955 | $58,570 | $56,247 | $54,736 | $53,712 | $52,229 | $50,957 | $49,427 | $47,961 | $48,044 |
32 | +5 | Idaho | $threescore,999 | $55,583 | $52,225 | $51,807 | $48,275 | $47,861 | $46,783 | $45,489 | $43,341 | $43,490 | $44,926 |
33 | +one | Michigan | $59,584 | $56,697 | $54,909 | $52,492 | $51,084 | $49,847 | $48,273 | $46,859 | $45,981 | $45,413 | $45,255 |
34 | +2 | S Dakota | $59,533 | $56,274 | $56,894 | $54,467 | $53,017 | $l,979 | $48,947 | $48,362 | $48,321 | $45,904 | $45,043 |
35 | +four | Florida | $59,227 | $55,462 | $52,594 | $50,860 | $49,426 | $47,463 | $46,036 | $45,040 | $44,299 | $44,409 | $44,736 |
36 | −5 | Maine | $58,924 | $55,602 | $56,277 | $53,079 | $51,494 | $49,462 | $46,974 | $46,709 | $46,033 | $45,815 | $45,734 |
37 | −4 | Ohio | $58,642 | $56,111 | $54,021 | $52,334 | $51,075 | $49,308 | $48,081 | $46,829 | $45,749 | $45,090 | $45,395 |
38 | −6 | Indiana | $57,603 | $55,746 | $54,181 | $52,314 | $l,532 | $49,446 | $47,529 | $46,974 | $46,438 | $44,613 | $45,424 |
39 | −4 | Missouri | $57,409 | $54,478 | $53,578 | $51,746 | $50,238 | $48,363 | $46,931 | $45,321 | $45,247 | $44,301 | $45,229 |
xl | - | N Carolina | $57,341 | $53,855 | $52,752 | $50,584 | $47,830 | $46,556 | $45,906 | $45,150 | $43,916 | $43,326 | $43,674 |
41 | +three | Montana | $57,153 | $55,328 | $53,386 | $fifty,027 | $49,509 | $46,328 | $46,972 | $45,076 | $44,222 | $42,666 | $42,322 |
42 | - | South Carolina | $56,227 | $52,306 | $fifty,570 | $49,501 | $47,238 | $45,238 | $44,163 | $43,107 | $43,916 | $42,018 | $42,442 |
43 | +2 | Tennessee | $56,071 | $52,375 | $51,340 | $48,547 | $47,275 | $44,361 | $44,297 | $42,764 | $41,693 | $41,461 | $41,725 |
44 | +two | Oklahoma | $54,449 | $51,924 | $fifty,051 | $49,176 | $48,568 | $47,529 | $45,690 | $44,312 | $43,225 | $42,072 | $41,664 |
45 | +3 | Kentucky | $52,295 | $50,247 | $48,375 | $46,659 | $44,765 | $42,958 | $43,399 | $41,724 | $41,141 | $forty,062 | $40,072 |
46 | −five | New Mexico | $51,945 | $47,169 | $46,744 | $46,748 | $45,382 | $44,803 | $43,872 | $42,558 | $41,963 | $42,090 | $43,028 |
47 | - | Alabama | $51,734 | $49,861 | $48,123 | $46,257 | $44,765 | $42,830 | $42,849 | $41,574 | $41,415 | $40,474 | $40,489 |
48 | −v | Louisiana | $51,073 | $47,905 | $46,145 | $45,146 | $45,727 | $44,555 | $44,164 | $42,944 | $41,734 | $42,505 | $42,429 |
49 | +2 | Arkansas | $48,952 | $47,062 | $45,869 | $45,907 | $42,798 | $44,922 | $39,376 | $39,018 | $41,302 | $38,587 | $36,538 |
50 | −1 | West Virginia | $48,850 | $44,097 | $43,469 | $43,385 | $42,019 | $41,059 | $41,253 | $xl,196 | $38,482 | $37,218 | $37,435 |
51 | −ane | Mississippi | $45,792 | $44,717 | $43,529 | $41,754 | $40,593 | $39,680 | $37,963 | $37,095 | $36,919 | $36,851 | $36,646 |
52 | — | Puerto Rico | $xx,474 | $20,296 | $19,775 | $20,078 | $18,810 | $18,948 | $nineteen,183 | $19,630 | — | — | — |
*change since 2009
The median personal income per person, after adjusting for costs of living with local regional toll parities and the national PCE price index, averaged $47,807 in 2016 (in 2012 chained dollars). Median adjusted personal income per capita varied from $39,901 in Mississippi to $61,601 in Connecticut (and $64,363 in the District of Columbia). The states closest to the national average were California and Vermont, at $48,384 and $47,971 respectively.[61]
Median household income past U.S. territory [edit]
Below is the median household income for the U.S. territories in 2010 (for four of the five inhabited territories).[62] Notation that Puerto Rico is not included in this table, and is instead included in the table above (considering Puerto Rico is included in the ACS, as if it were a state).
Rank | Territory | 2010 U.S. Census |
---|---|---|
1 | Guam | $48,274 |
ii | U.S. Virgin Islands | $37,254 |
iii | American Samoa | $23,892 |
4 | Northern Mariana Islands | $19,958 |
[edit]
Household income is one of the near commonly used measures of income and, therefore, also one of the almost prominent indicators of social class. Household income and education do not, however, always reverberate perceived class condition correctly. Sociologist Dennis Gilbert acknowledges that "... the class construction... does not exactly match the distribution of household income" with "the mismatch [being] greatest in the eye..." (Gilbert, 1998: 92) As social classes ordinarily overlap, it is not possible to define exact class boundaries.
According to Leonard Beeghley[ commendation needed ] a household income of roughly $95,000 would be typical of a dual-earner middle form household while $60,000 would be typical of a dual-earner working class household and $eighteen,000 typical for an impoverished household. William Thompson and Joseph Hickey[ commendation needed ] see common incomes for the upper class as those exceeding $500,000 with upper middle class incomes ranging from the high 5-figures to most commonly in excess of $100,000. They claim the lower middle class ranges from $35,000 to $75,000; $16,000 to $xxx,000 for the working grade and less than $ii,000 for the lower class.
Dennis Gilbert, 2002 | William Thompson & Joseph Hickey, 2005 | Leonard Beeghley, 2004 | |||
---|---|---|---|---|---|
Class | Typical characteristics | Class | Typical characteristics | Course | Typical characteristics |
Capitalist course (1%) | Summit-level executives, high-rung politicians, heirs. Ivy League didactics mutual. | Upper class (1%) | Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league educational activity mutual. | The super-rich (0.9%) | Multi-millionaires whose incomes commonly exceed $three.5 million or more; includes celebrities and powerful executives/politicians. Ivy League education common. |
Upper middle course[1] (fifteen%) | Highly-educated (often with graduate degrees), nigh commonly salaried, professionals and middle management with big work autonomy. | Upper middle class[i] (15%) | Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the loftier 5-figure range to ordinarily above $100,000. | The rich (5%) | Households with net worth of $1 million or more than; largely in the form of home equity. Generally accept higher degrees. |
Eye grade (plurality/ majority?; ca. 46%) | Higher-educated workers with considerably higher-than-boilerplate incomes and compensation; a man making $57,000 and a woman making $40,000 may be typical. | ||||
Lower middle class (30%) | Semi-professionals and craftsmen with a roughly average standard of living. Most have some college education and are white-collar. | Lower center class (32%) | Semi-professionals and craftsmen with some work autonomy; household incomes ordinarily range from $35,000 to $75,000. Typically, some college education. | ||
Working class (30%) | Clerical and most blueish-collar workers whose piece of work is highly routinized. Standard of living varies depending on number of income earners, but is unremarkably merely adequate. Loftier school education. | ||||
Working class (32%) | Clerical, pink- and blueish-collar workers with often low job security; mutual household incomes range from $xvi,000 to $thirty,000. High school education. | Working form (ca. 40–45%) | Blue-collar workers and those whose jobs are highly routinized with low economic security; a human being making $xl,000 and a woman making $26,000 may exist typical. High school education. | ||
Working poor (13%) | Service, low-rung clerical and some blue-collar workers. High economical insecurity and hazard of poverty. Some high schoolhouse educational activity. | ||||
Lower grade (ca. 14–20%) | Those who occupy poorly-paid positions or rely on regime transfers. Some loftier school education. | ||||
Underclass (12%) | Those with limited or no participation in the labor force. Reliant on government transfers. Some high school education. | The poor (ca. 12%) | Those living below the poverty line with limited to no participation in the labor force; a household income of $18,000 may be typical. Some high school education. | ||
|
Distribution of household income [edit]
Distribution of household income in 2014 according to US Census information [edit]
Income of Household | Number (thousands) [63] | Percent | Percentile | Hateful Income [63] | Mean number of earners [64] | Mean size of household [64] |
---|---|---|---|---|---|---|
Total | 124,587 | — | — | $75,738 | 1.28 | 2.54 |
Nether $v,000 | 4571 | iii.67% | 0 | $ane,080 | 0.20 | ane.91 |
$five,000 to $9,999 | 4320 | three.47% | iii.67th | $vii,936 | 0.34 | one.78 |
$10,000 to $fourteen,999 | 6766 | 5.43% | 7.14th | $12,317 | 0.39 | i.71 |
$15,000 to $19,999 | 6779 | 5.44% | 12.57th | $17,338 | 0.54 | 1.90 |
$twenty,000 to $24,999 | 6865 | 5.51% | xviii.01th | $22,162 | 0.73 | ii.07 |
$25,000 to $29,999 | 6363 | 5.11% | 23.52th | $27,101 | 0.82 | ii.19 |
$30,000 to $34,999 | 6232 | 5.00% | 28.63th | $32,058 | 0.94 | 2.27 |
$35,000 to $39,999 | 5857 | iv.70% | 33.63th | $37,061 | ane.04 | 2.31 |
$40,000 to $44,999 | 5430 | 4.36% | 38.33th | $41,979 | 1.xv | 2.40 |
$45,000 to $49,999 | 5060 | four.06% | 42.69th | $47,207 | 1.24 | ii.52 |
$50,000 to $54,999 | 5084 | four.08% | 46.75th | $51,986 | 1.32 | 2.54 |
$55,000 to $59,999 | 4220 | 3.39% | 50.83th | $57,065 | ane.41 | 2.56 |
$lx,000 to $64,999 | 4477 | 3.59% | 54.22th | $62,016 | 1.46 | 2.64 |
$65,000 to $69,999 | 3709 | two.98% | 57.81st | $67,081 | 1.51 | ii.67 |
$70,000 to $74,999 | 3737 | three.00% | 60.79th | $72,050 | 1.57 | ii.73 |
$75,000 to $79,999 | 3484 | 2.80% | 63.79th | $77,023 | ane.60 | two.79 |
$eighty,000 to $84,999 | 3142 | 2.52% | 66.58th | $81,966 | ane.63 | two.79 |
$85,000 to $89,999 | 2750 | 2.21% | 69.11th | $87,101 | i.77 | 2.ninety |
$90,000 to $94,999 | 2665 | 2.14% | 71.31th | $92,033 | 1.82 | 2.96 |
$95,000 to $99,999 | 2339 | 1.88% | 73.45th | $97,161 | 1.81 | ii.97 |
$100,000 to $104,999 | 2679 | 2.15% | 75.33th | $101,921 | one.79 | 3.01 |
$105,000 to $109,999 | 2070 | i.66% | 77.48th | $107,187 | ane.88 | iii.01 |
$110,000 to $114,999 | 1922 | one.54% | 79.14th | $112,069 | 1.93 | 3.12 |
$115,000 to $119,999 | 1623 | i.30% | 80.68th | $117,133 | i.98 | iii.14 |
$120,000 to $124,999 | 1863 | i.50% | 81.99th | $122,127 | 1.93 | 3.09 |
$125,000 to $129,999 | 1452 | 1.17% | 83.48th | $127,166 | i.99 | 3.12 |
$130,000 to $134,999 | 1512 | ane.21% | 84.65th | $131,863 | 2.00 | 3.18 |
$135,000 to $139,999 | 1219 | 0.98% | 85.86th | $137,284 | 1.98 | 3.11 |
$140,000 to $144,999 | 1290 | i.04% | 86.84th | $142,199 | 1.97 | 3.03 |
$145,000 to $149,999 | 1024 | 0.82% | 87.87th | $147,130 | ii.01 | 3.eleven |
$150,000 to $154,999 | 1146 | 0.92% | 88.70th | $151,940 | 1.85 | 3.12 |
$155,000 to $159,999 | 848 | 0.68% | 89.62th | $157,177 | 2.08 | 3.fifteen |
$160,000 to $164,999 | 875 | 0.70% | ninety.30th | $162,019 | 2.02 | 3.thirteen |
$165,000 to $169,999 | 786 | 0.63% | 91.00th | $167,101 | 2.10 | 3.16 |
$170,000 to $174,999 | 717 | 0.58% | 91.63th | $172,169 | 2.17 | iii.21 |
$175,000 to $179,999 | 607 | 0.49% | 92.21th | $177,187 | 2.19 | 3.28 |
$180,000 to $184,999 | 619 | 0.fifty% | 92.69th | $182,055 | two.03 | 3.19 |
$185,000 to $189,999 | 556 | 0.45% | 93.19th | $187,299 | two.03 | three.20 |
$190,000 to $194,999 | 485 | 0.39% | 93.64th | $192,241 | 2.19 | iii.29 |
$195,000 to $199,999 | 436 | 0.35% | 94.03th | $197,211 | 2.23 | three.27 |
$200,000 to $249,999 | 3249 | 2.61% | 94.38th | $220,267 | ii.08 | 3.24 |
$250,000 and over | 3757 | iii.02% | 96.98th | $402,476 |
See too [edit]
- List of countries past average wage
- Income inequality in the United States
- Economy of the United states of america
- Personal income in the Us
- Employee compensation in the United states
- Standard of living in the United States
General:
- Income inequality metrics
- Atkinson index
- Gini coefficient
- Hoover index
- Theil index
- International Ranking of Household Income
- Marriage gap
- Median income per household member
References [edit]
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{{cite web}}
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External links [edit]
- Income, Poverty, and Health Insurance Coverage in the U.s.a.: 2003
- Reynolds, Alan (January 8, 2007). "Has U.S. Income Inequality Actually Increased?". Policy Analysis. Cato Institute (586).
- U.Due south. Demography Bureau's web-site for income statistics
- NPR.org statistics and groundwork on income inequality in the United States
- Datasets by U.S. Country of low income, very low income, extremely depression income limits
Source: https://en.wikipedia.org/wiki/Household_income_in_the_United_States
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