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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.
Breaking it down monthly, the top 5% earn around $27,991 a month and the top 1% bring in $68,277 a month. For many, that's not just a salary – it's a completely different lifestyle. It's All ...
Even more extreme — the average income of top 5% of households is approximately 5.5 times that of the average household in the city. Austin Population: 958,202
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.
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.
Income by Occupation. Occupation also has an impact on median weekly earnings. The highest-paying occupations are in management, professional and related occupations, where men and women make a ...
(See Poverty in the United States). Annual wages of $30,160; $45,240; $75,400; $150,800 and $1.5M correspond to 2, 3, 5, 10 and 100 times minimum wage respectively. [17] Income distribution among all those above age 25 and those between 25 and 64 with earnings. [18] [19] 25+ statistics will not add up exactly to 100% due to the unemployment rate.
SmartAsset ranked states based on the minimum pre-tax income needed to be considered a top 1% earner, based on the latest IRS tax return data. ... 800-290-4726 more ways to reach us.
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