Income Distribution Us Census Bureau

Household income distribution in the united states in 2019.

Income distribution us census bureau. Income in american households rose dramatically in 2019 according to data published tuesday by the u s. The buerau said in a report. Hinc 01 selected characteristics of households by total money income. Trends and issues congressional research service 2 trends.

Detailed historical tables showing selected measures of household income dispersion are included in the appendix of this report. Advertisement story continues below the median household income increased 6 8 percent to 68 703 between 2018 and 2019 before the coronavirus. Improving the measure of the distribution of personal incomeby dennis j. Average income among households in the lowest quintile or fifth of the income distribution was about 21 000.

The gini coefficient ranges from 0 indicating perfect equality where everyone receives an equal share to 1 perfect inequality where only one recipient or group of recipients. Each year the census bureau updates its income inequality statistics in the income and poverty in the united states p 60 report. Average income among households in the top 1 percent was about 1 8 million. Johnson bea paper february 2019 published in aea papers and proceedings may 2019.

The gini coefficient incorporates the detailed shares data into a single statistic which summarizes the dispersion of income across the entire income distribution. Fixler marina gindelsky and david s. Census data are used to illustrate distributional trends for the overall population and within racial groups. Trends over time by dennis fixler marina gindelsky and david johnson national bureau of economic research march 2020.

Average income among households in the highest quintile that is the top 20 percent was about 291 000. Percentage distribution of household income in the u s.