Household Income Distribution In The United States

Median household income in the united states by race or ethnic group 2019 number of households by household income u s.

Household income distribution in the united states. Enter pre tax gross household income earned between january and december 2019 and compare to household income percentiles in the full year. Afterwards visit the income percentile by state and income percentile by city calculator. Below is every household income percentile in 2020. Or try the individual income calculator.

Comparison of the lowest quintile and top 5. Median household income was 68 703 in 2019 an increase of 6 8 percent from the 2018 median of 64 324 figure 1 and table a 1. 2019 household income u s. Household income by place in the united states there are 29 322 places in the united states.

These data provide a new tool for assessing how households share in the nation s economic growth. The 2019 real median incomes of family households and nonfamily households increased 7 3 percent and 6 2 percent from their respective 2018 estimates figure 1 and table a 1. It is commonly used by the united states government and private institutions to describe a household s economic status or to track economic trends in the us. While the summary statistics are nice there s no replacement for a more complete view of the us income distribution.

Household income percentiles for the united states in 2020. This figure was at 0 43 in 1990 which indicates an increase in income inequality in the u. This section compares the 50 most populous of those to each other and the united states. In 2019 according to the gini coefficient household income distribution in the united states was 0 48.

Household income is an economic standard that can be applied to one household or aggregated across a large group such as a county city or the whole country.