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The top quintile in personal income in 2019 was $103,012 [2] (included in the chart below). The differences between household and personal income are considerable, since 61% of households now have two or more income earners. [3]
In 2008, all households in the United States earned roughly $12,442.2 billion. [37] One half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent. Over one quarter, 28.5%, of all income was earned by the top 8%, those households earning more than $150,000 a year.
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 (people aged 15 and over with earnings) was $47,960; and more specifically estimates that median annual ...
In the rarefied top 0.1 percent, the average earnings were more than $2.8 million in 2022. Here is how a few remaining categories break down by cohort and year. Category
Here’s the income you need to be in the top 1%, 5%, and 10% in the US — plus 3 essential tips to help you climb higher the ladder. ... While the income of the top 1% varies, Forbes reported in ...
While there’s no definitive line, households in the top 20% of earners are generally considered upper class. According to the U.S. Census Bureau, the median household income in 2022 was $74,580.
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, [15] with the top 10% having incomes well in excess of $100,000.
[31] [32] The Urban-Brookings Tax Policy Center found that the bottom 20 percent of earners pay an average 2.9 percent effective income tax rate federally, while the richest 1 percent paid an effective 29.6 percent tax rate and the top 0.01 percent paid an effective 30.6 percent tax rate. [33]