What is the median income in the US 2019?

$68,703
The median household income in the US in 2019 was $68,703. It is an increase of 6.8% from 2018 numbers. Due to the fact that many households consist of only one person, the average household income is usually lower than the average family income.

What is the median US yearly income?

The Bureau of Labor Statistics reported a median personal income of $865 weekly for all full-time workers in 2017. The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019 with a base year of 2019.

Is 40k a year good?

A $40,000 a year salary can put you in the middle class in America. However, depending on where you live, your expenses, average spending, and how much debt you have accrued — a $40k salary can also put you in the lower-end of the middle class in today’s world.

What income is considered middle class in the United States?

Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.

What is the average annual income in the US?

Average Income in 2019 The median household income was $68,703 in 2019, setting a new record. 1  It was 6.8% higher than the 2018 record of $64,324. The median household income has been steadily rising since it was $58,001 in 2014. The Census Bureau also reports the median income for each family.

What is the median household income in the US?

According to the U.S. Census Bureau, the median household income in 2019 was $65,712. The amount of money that people bring into their households is directly correlated with the national economy, so depending upon the relationship between these two variables, median household income will either rise or fall from one year to the next.

What state has the lowest average income?

Mississippi has the lowest average household income — as well as the lowest median income — of all the states. Its median income for men is the second lowest in the U.S., and its median income for women is the lowest.

What is the average income per capita in the US?

The 2019 real median income per capita was $35,977 . 1  Because there are quite a few extremely wealthy individuals in America, the mean is much higher. In 2019, the mean income per capita was $54,129. 2  The Census Bureau reports the income per capita in the Current Population Survey.�