What is the average household income by state?

What is the average household income by state?

$71,805
States and territories ranked by median household income

Rank State or territory 2017
7 California $71,805
8 New Hampshire $73,381
9 Alaska $73,181
10 Washington $70,979

What is the average household US income?

Median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 (Figure 1 and Table A-1). This is the first statistically significant decline in median household income since 2011.

What is a good salary for a household?

The median household income in the US in 2019 was $68,703. It is an increase of 6.8% from 2018 numbers.

How many households are there in the US in 2015?

124.59
Number of households in the U.S. from 1960 to 2020 (in millions)

Characteristic Number of households in millions
2015 124.59
2014 123.23
2013 122.46
2012 121.08

What percent of people lived in poverty in 2015?

The percentage of the U.S. population with income less than 50 percent of their poverty threshold declined to 6.2 percent in 2016, from 6.5 percent in 2015.

What is the median household income in the United States?

The median income for U.S. households in 2018 was$63,179,up 0.8% from the previous year.

  • The median income for 2018 was up for the second year in a row.
  • The Northeast earns the most in terms of median income by region,while Asian Americans make the most in terms of race.
  • Women made roughly 80% of what men made based on the median income in 2018.
  • What is individual median income?

    Personal income is an individual’s total earnings from wages, investment interest, and other sources. The Bureau of Labor Statistics reported a median personal income of $865 weekly for all full-time workers in 2017.

    What does median individual income mean?

    Median income. Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group.