INCOME IN THE UNITED STATES

'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.^[6]

''Information regarding private income by household or individual can be found on the following articles:''

★ 'Household income in the United States'

★ 'Personal income in the United States'
''Other related articles are:''

★ 'Affluence in the United States'

★ 'Income inequality in the United States'

Contents

Income at a glance

References

External links

Income at a glance

References

1. US Census 2005 Economic Survey, income data
2. US Census Bureau, personal income distribution
3. US Census Bureau, number of income earners per quintile, 2006
4. US Census 2005 Economic Survey, income data
5. US Census Bureau, personal income distribution
6. US Census Bureau, median income of persons, age 25 or older

External links

★ Savings rate viz Fed rate from 1954 Historical relationship between the savings rate and the Fed rate - since 1954