What is the median household income in the US? (2024)

Home / Economy / Articles / What is the median household income in the US?

The real median household income in the US fell 2.3% between 2021 and 2022, in part due to fast-rising inflation, from $76,330 to $74,580. A household’s “real” income — also called “constant" income — is its income adjusted for inflation, to better indicate purchasing power.

A household’s income is calculated by adding up the pretax annual income earned by anyone in a household aged 15 or older. To determine the national median income, the Census Bureau ranks all US households by income and splits that list exactly in half: the bottom half of households fall below the median income, and the other half are above.

Median household income over time

Real median household income generally rises over time — from 1984 to 2013, it rose by about $9,000, before increasing sharply from 2014 ($64,900) to 2019 ($78,250).

Incomes typically dip before and after economic recessions (indicated by the gray bars in the graphic below), though not always.

How does median household income differ among states?

Maryland ($108,200), Washington, DC ($101,700), and Utah ($95,800) have the highest median household incomes in the country. The lowest are in Mississippi ($48,610), West Virginia ($52,460), and Arkansas ($53,980).

Are there demographic disparities in median household income?

While median household income decreased by $1,750 overall from 2021 to 2022, it increased among certain racial and ethnic groups.

Median household income by race

From 2021 to 2022, Black and Hispanic households registered slightly higher median household incomes, by $780 and $280, respectively. Meanwhile, median household incomes decreased for white non-Hispanic (-$3,050), American Indian and Alaska Native (-$2,290), and Asian households (-$700).

But while Black and Hispanic households reported income increases, total annual income for both groups remains lower compared to others. In 2022, the median income for Black households was $52,860 — 35% less than the median income of white non-Hispanic households ($81,060) and 51% less than the median income of Asian households ($108,700). Hispanic households’ incomes are 77% that of white households and 58% of Asian households.

Median household income by gender

The Census Bureau also tracks median household income by “household type,” which it defines by the householder’s gender, marital status, and whether or not they live with other family members. The Census considers the householder the homeowner.

Women with families but no spouse recorded a median household income of $56,030, 76% of the median income for males ($73,630) in the same type of household.

Women without family in the home recorded a median income of $40,200, 77% of males’ income ($51,930) in the same type of households.

Learn more about Americans’ wealth, and get the data directly in your inbox by signing up for our email newsletter.

Income in the United States

Last updated

September 2023

Real Median Household Income in the United States

Last updated

What is the median household income in the US? (2024)
Top Articles
Was sind Anleihen und wie funktionieren sie
How to use Apple iCloud’s Keychain - Vision Ireland
Xre-02022
NOAA: National Oceanic & Atmospheric Administration hiring NOAA Commissioned Officer: Inter-Service Transfer in Spokane Valley, WA | LinkedIn
Metallica - Blackened Lyrics Meaning
Triumph Speed Twin 2025 e Speed Twin RS, nelle concessionarie da gennaio 2025 - News - Moto.it
Is Sportsurge Safe and Legal in 2024? Any Alternatives?
His Lost Lycan Luna Chapter 5
Notary Ups Hours
Cinepacks.store
Doby's Funeral Home Obituaries
Youtube Combe
Obituary Times Herald Record
Craigslist Heavy Equipment Knoxville Tennessee
Readyset Ochsner.org
Slushy Beer Strain
Nalley Tartar Sauce
Epro Warrant Search
TBM 910 | Turboprop Aircraft - DAHER TBM 960, TBM 910
Outlet For The Thames Crossword
We Discovered the Best Snow Cone Makers for Carnival-Worthy Desserts
Like Some Annoyed Drivers Wsj Crossword
Knock At The Cabin Showtimes Near Alamo Drafthouse Raleigh
Dark Entreaty Ffxiv
How Taraswrld Leaks Exposed the Dark Side of TikTok Fame
Renfield Showtimes Near Paragon Theaters - Coral Square
Safeway Aciu
Select The Best Reagents For The Reaction Below.
Lesson 1.1 Practice B Geometry Answers
Airg Com Chat
Storelink Afs
UPS Drop Off Location Finder
2024 Coachella Predictions
Newsday Brains Only
Luciipurrrr_
How to Watch the X Trilogy Starring Mia Goth in Chronological Order
Nancy Pazelt Obituary
888-333-4026
Wlds Obits
Nu Carnival Scenes
Greatpeople.me Login Schedule
Advance Auto.parts Near Me
Lebron James Name Soundalikes
Craigslist Charles Town West Virginia
El Patron Menu Bardstown Ky
Zits Comic Arcamax
Craiglist.nj
The Goshen News Obituary
Metra Union Pacific West Schedule
Karen Kripas Obituary
Taterz Salad
Who We Are at Curt Landry Ministries
Latest Posts
Article information

Author: Jeremiah Abshire

Last Updated:

Views: 5905

Rating: 4.3 / 5 (54 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Jeremiah Abshire

Birthday: 1993-09-14

Address: Apt. 425 92748 Jannie Centers, Port Nikitaville, VT 82110

Phone: +8096210939894

Job: Lead Healthcare Manager

Hobby: Watching movies, Watching movies, Knapping, LARPing, Coffee roasting, Lacemaking, Gaming

Introduction: My name is Jeremiah Abshire, I am a outstanding, kind, clever, hilarious, curious, hilarious, outstanding person who loves writing and wants to share my knowledge and understanding with you.