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The percentage of households and individuals in each income bracket. [1][2]
Income in the United States is measured by the United States Department of Commerce either by household or individual. The differences between household and personal income is considerable since 42% of households, the majority of those in the top two quintiles with incomes exceeding $57,658, now have two income earners.[3]
This difference becomes very apparent when comparing the percentage of households with six figure incomes to that of individuals. In 2006, 17.3% of households had incomes exceeding $100,000,[1] compared to slightly less than 6% of individuals.[2] Overall the median household income was $46,326 in 2006 while the median personal income (including only those above the age of 25) was $32,140.[4]
Income inequality has increased considerably. Between 1979 and 2004, the mean after-tax income of the top percentile increased 167%, versus 69% for the top quintile overall, 29% for the fourth quintile, 21% for the middle quintile, 17% for the second quintile and 6% for the bottom quintile.[5] While wages for women have increased greatly, median earnings of male wage earners have remained stagnant since the late 1970s.[6][7] Household income, however, has risen due the increasing number of household with more than one income earners and women's increased presence in the labor force.[8]
Income at a glance [edit]
| Median income levels |
| Households |
Persons, age 25 or older with earnings |
Household income by race |
| All households |
Dual earner
households |
Per household
member |
Males |
Females |
Both sexes |
Asian |
White,
non-hispanic |
Hispanic |
Black |
| $46,326 |
$67,348 |
$23,535 |
$39,403 |
$26,507 |
$32,140 |
$57,518 |
$48,977 |
$34,241 |
$30,134 |
| Median personal income by educational attainment |
| Measure |
Some High School |
High school graduate |
Some college |
Associate's degree |
Bachelor's degree or higher |
Bachelor's degree |
Master's degree |
Professional degree |
Doctorate degree |
| Persons, age 25+ w/ earnings |
$20,321 |
$26,505 |
$31,054 |
$35,009 |
$49,303 |
$43,143 |
$52,390 |
$82,473 |
$70,853 |
| Male, age 25+ w/ earnings |
$24,192 |
$32,085 |
$39,150 |
$42,382 |
$60,493 |
$52,265 |
$67,123 |
$100,000 |
$78,324 |
| Female, age 25+ w/ earnings |
$15,073 |
$21,117 |
$25,185 |
$29,510 |
$40,483 |
$36,532 |
$45,730 |
$66,055 |
$54,666 |
| Persons, age 25+, employed full-time |
$25,039 |
$31,539 |
$37,135 |
$40,588 |
$56,078 |
$50,944 |
$61,273 |
$100,000 |
$79,401 |
| Household |
$22,718 |
$36,835 |
$45,854 |
$51,970 |
$73,446 |
$68,728 |
$78,541 |
$100,000 |
$96,830 |
| Household income distribution |
| Bottom 10% |
Bottom 20% |
Bottom 25% |
Middle 33% |
Middle 20% |
Top 25% |
Top 20% |
Top 5% |
Top 1.5% |
Top 1% |
| $0 to $10,500 |
$0 to $18,500 |
$0 to $22,500 |
$30,000 to $62,500 |
$35,000 to $55,000 |
$77,500 and up |
$92,000 and up |
$167,000 and up |
$250,000 and up |
$350,000 and up |
| Source: US Census Bureau, 2006; income statistics for the year 2005 |
See also [edit]
References [edit]
- ^ a b "US Census 2005 Economic Survey, income data". Retrieved 2006-12-09.
- ^ a b "US Census Bureau, personal income distribution". Retrieved 2006-12-09.
- ^ "US Census Bureau, number of income earners per quintile, 2006". Retrieved 2006-12-23.
- ^ "US Census Bureau, median income of persons, age 25 or older". Retrieved 2006-12-09.
- ^ "Aron-Dine, A. & Sherman, A. (January 23, 2007). New CBO Data Show Income Inequality Continues to Widen: After-tax-income for Top 1 Percent Rose by $146,000 in 2004.". Retrieved 2007-11-24.
- ^ "U.S. Census Bureau. (1991). Table P-17. Years of School Completed--People 25 Years Old and Over by Median Income and Sex: 1958 to 1990.". Archived from the original on 2007-11-02. Retrieved 2007-11-24.
- ^ "U.S. Census Bureau. (2006). Table P-16. Educational Attainment--People 25 Years Old and Over by Median Income and Sex: 1991 to 2005.". Archived from the original on 2007-11-02. Retrieved 2007-11-24.
- ^ "U.S. Census Bureau. (2005). Table H-17. Households by Total Money Income, Race, and Hispanic Origin of Householder: 1967 to 2004.". Archived from the original on 2007-11-15. Retrieved 2007-11-24.
External links [edit]
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Life in the United States
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 Toledo Blade |
Toledo Blade
Fri, 03 May 2013 21:00:36 -0700
The median annual household income in the United States is $50,500; it has dropped in each of the past three years. Official poverty would be half that for a family of four. But most poor children are born into families that take in only two-thirds of ...
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Sydney Morning Herald
Wed, 22 May 2013 16:25:27 -0700
QBE makes about a third of its income in the United States, so the plunge in the Aussie dollar is likely to give total profits a boost. US Federal Reserve chairman Ben Bernanke's suggestion that the central bank may start to taper its money-printing ...
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The Register-Guard
Thu, 16 May 2013 23:26:21 -0700
But, at a time when public higher education resources are being stretched to the breaking point, and when ever-escalating tuition is condemning many students to a lifetime of college debt, and when the median family income in the United States hovers ...
|  UConn Advance |
UConn Advance
Thu, 02 May 2013 04:23:41 -0700
While you're on the Times website, you might want to read a Paul Krugman blog post about “The Great Gatsby Curve,” a graph that measures the intergenerational inelasticity of income in the United States – in short, income in America is highly unequal ...
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Baltimore Sun
Mon, 13 May 2013 03:02:51 -0700
•At Harvard, I cited Census Bureau data showing that students from families in the top quarter of household income in the United States were seven times more likely than those in the lowest quarter to complete college by age 24 (71 percent vs. 10 percent).
|  The Hook |
The Hook
Thu, 09 May 2013 12:32:01 -0700
Back in 1974, Easterlin looked at Gallup's happiness data by income in the United States. In 1963, 59 percent of people earning more than $15,000 per year ($115,000 today) said that they were very happy. This rose to 67 percent in 1966, but by 1970 it ...
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Bowling Green Times
Tue, 30 Apr 2013 12:25:36 -0700
These “pass through” corporations – the sole proprietorships, partnerships, and S-corporations – generate more than half of the business income in the United States. Small businesses are truly what keep this country – and this state – moving. Missouri ...
|  Billboard |
Billboard
Thu, 09 May 2013 06:03:40 -0700
"We estimate that in the coming year people should start to see 10% of their publishing income in the United States and Europe coming from the big streaming companies," he says. "Today, people see 1% or 2%." Ahdritz believes people's attitudes on ...
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