Income in the United States
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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 can be quite considerable since 42% of households, the majority of those in the top two quintiles with incomes exceeding $55,000, now have two income eaners.[3] This difference becomes very apperant when comparing the percentage of households with six figure incomes to that of individuals. In 2005, almost 16% 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 2005 while the median personal income (including only those above the age of 25) was $32,140.[4]
Information regarding private income by household or individual can be found on the following articles:
[edit] References
- ^ a b US Census 2005 Economic Survey, income data. Retrieved on 2006-12-09.
- ^ a b US Census Bureau, personal income distribution. Retrieved on 2006-12-09.
- ^ US Census Bureau, number of income eanrers per quintile, 2005. Retrieved on 2006-12-09.
- ^ US Census Bureau, median income of presons, age 25 or older. Retrieved on 2006-12-09.
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