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The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 (about 10 times the 2009 US minimum wage, for one income earner, and about 5 times the 2009 US minimum wage for two income earners) or higher, with the top 10% having incomes well in excess of $100,000.
Personal income is an individual's total earnings from wages, investment interest, and other sources. The Bureau of Labor Statistics reported a median weekly personal income of $1,139 for full-time workers in the United States in Q1 2024. [1] For the year 2022, the U.S. Census Bureau estimates that the median annual earnings for all workers ...
Overall, including all households/individuals regardless of employment status, the median household income was $67,521 in 2020 while the median personal income (including individuals aged 15 and over) was $35,805. [5] [6] While wages for women have increased greatly, median earnings of male wage earners have remained stagnant since the late 1970s.
The average wages of those in the top 1 percent of wage earners were $785,968 that year. In the rarefied top 0.1 percent, the average earnings were more than $2.8 million in 2022.
You only really need a fraction of their wealth to fall into the top 10%, 5% or even 1% of American earners. Don't miss Commercial real estate has beaten the stock market for 25 years — but only ...
The top 10% of families held 76% of the wealth in 2013, while the bottom 50% of families held 1%. Inequality increased from 1989 to 2013. [1] The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States in recent decades. [2] Wealth commonly includes the values of any homes ...
Wyoming. How much you need to be in the top 5%: $209,639. Average household income for the top 5%: $372,110. Median household income for the entire state: $68,002. How much more the average 5% ...
In 2016, average market income was $15,600 for the lowest quintile and $280,300 for the highest quintile. The degree of inequality accelerated within the top quintile, with the top 1% at $1.8 million, approximately 30 times the $59,300 income of the middle quintile.