FAQs
U.S. household income distribution 2022
What percent of U.S. households make over 100k? ›
Over one-third of American families earn $100,000 or more
The U.S. Census Bureau found that 37.1% of U.S. households earned at least $100,000 in 2022. Here's a more detailed breakdown of six-figure income brackets and the percentage of households in each one: $100,000 to $149,999: 16.9% $150,000 to $199,999: 8.7%
What is the top 5% of household income? ›
According to the same research, those in the top 5% earned an average of $335,891 in 2021. This is an increase of around $19,000 from the previous year.
What percentage of U.S. households make over 200k? ›
A $200,000 household income is more than most people earn across the U.S. In fact, just 12% of U.S. households earn $200,000 or more annually, according to Census Bureau data.
What percentage of Americans make $75,000 a year? ›
Income Brackets in the United States
Income Bracket* | Percentage of Americans |
---|
$75,000-$99,999 | 12.3% |
$100,000-$149,999 | 16.4% |
$150,000-$199,999 | 9.2% |
Over $200,000 | 11.9% |
5 more rowsApr 12, 2024
What percentage of American households make over $300k? ›
This means that approximately 3.8% of American households have an annual income of at least $300,000 before taxes and other deductions.
What is top 10 percent income in the US? ›
How Does Income Change with Age?
Age Range | Top 10% | Top 1% |
---|
20-24 | $64,855 | $129,709 |
25-29 | $142,680 | $303,736 |
30-34 | $188,079 | $468,035 |
35-39 | $230,234 | $1,048,484 |
8 more rowsOct 20, 2023
How rare is a 100k salary? ›
According to the U.S. Census Bureau, only about 6% of Americans earn an annual salary of $100,000 or more. That amounts to around 8 million households crossing into 6-figure territory.
What income puts you in the top 20%? ›
How Much Income Do You Need to Be in the Top 20%? The real median household income in the U.S. is around $75,000, according to Census Bureau. In order to be in the top 20% of income, you'd need to earn nearly double that amount or an average of $130,545 per year.
What salary is considered upper class by state? ›
10 states with the highest upper class cutoffs
State | Upper class cutoff | Share |
---|
California | $183,102 | 19.6% |
Washington | $182,612 | 18.1% |
New Hampshire | $179,984 | 17.6% |
Colorado | $178,604 | 17.2% |
6 more rowsMay 24, 2024
For example, you may be considered rich if you're in the nation's top 1% of earners. In 2022, that group saw an average annual income from wages of $785,968—nearly 19 times higher than the bottom 90%, according to the Economic Policy Institute Open in new tab.
Where does a 250k salary rank? ›
$250,000 is the 75th percentile. Salaries above this are outliers. $291,500 is the 90th percentile.
What income is middle class? ›
The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $65,000 in 2021, according to the U.S. Census Bureau.
What is upper class income? ›
In 2020, according to Pew Research Center analysis, the median for upper income households was around $220,000 and the median for middle income households was slightly above $90,000.
What is the salary for upper class in 2024? ›
As of Jun 15, 2024, the average annual pay for the Upper Class jobs category in the United States is $59,699 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.70 an hour. This is the equivalent of $1,148/week or $4,974/month.
What is a good salary in the US per month? ›
According to the latest figures by the Bureau of Labor and Statistics, the average salary in USA per month is $5,677 or $68,124 per year. As of 2023, the gross minimum salary in the USA is $32.75 per hour. Salaries range from $32,916 to $112,268 per year and include housing, transport, and other benefits.
What is the average US salary? ›
What Is the Average US Salary (2024) The national average salary is $63,795. That is the sum of all incomes divided by the number of workers. Where someone lives, their industry, education level, and current demand for that job all contribute to how much a worker earns per year.
What is the top 5 household income? ›
How to Make the Top 1% List
2021 Average Annual Wages |
---|
Group | Avg. Wages |
---|
Top 1% of Earners | $819,324 |
Top 5% of Earners | $335,891 |
Top 10% of Earners | $167,639 |
1 more row
What is considered high income? ›
Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.
What is the top 10% salary in the US? ›
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.
How Much Income Do You Need to Be in the Top 20%? The real median household income in the U.S. is around $75,000, according to Census Bureau. In order to be in the top 20% of income, you'd need to earn nearly double that amount or an average of $130,545 per year.
What is the income for the top 15 percent? ›
2022 AVERAGE ANNUAL WAGES |
---|
Top 5% | $170,000 to $174,999 |
Top 10% | $120,000 to $124,999 |
Top 15% | $95,000 to $99,999 |
Top 20% | $80,000 to $84,999 |
4 more rowsDec 11, 2023
What is the average household income in the US? ›
Highlights. Real median household income was $74,580 in 2022, a 2.3 percent decline from the 2021 estimate of $76,330 (Figure 1 and Table A-1).