Us Household Income Percentiles By Age

It can be interesting to see how your individual or household income stacks up against others in the united states but keep in mind that income only represents one variable of wealth building.

Us household income percentiles by age. Enter age bracket and net worth to compare a net worth and age to the overall distribution. You are in the top 0 1 percent if you make roughly 1 1m. When looking at these income percentiles keep a few things in mind. The tables below provide income statistics displayed in tables with columns and rows.

This section compares the 50 most populous of those to each other and the united states. Silent and earlier born before 1946 baby boomer born 1946 1964 gen x born 1965 1980 and millennial born 1981 1996. Given the median age in the us is around 34 36 and the median income for the top 1 for all income levels is around 380 000. Re enter a different income to find the percentile for that age income combination.

If you are using a screen reader and are having problems accessing data please call 301 763 3243 for assistance. Your income of 52 000 for ages 18 to 100 ranks at the 45 73th percentile. Be sure to also note the data warnings there particularly for upper percentiles. You are in the top one percent income level if you make roughly 320 000.

Many tables are in downloadable in xls cvs and pdf file formats. The least populous of the compared places has a population of 383 899. The us household income by percentile is skewed toward the top 1. Ages 42 46.

The majority of people in the work force make their greatest income strides between the ages of 30 and 35 with median income jumping by 26 during that short time frame. Optionally plot income distribution for other ages using the pull down menu. This would include salary investments and any business income. Household income by place in the united states there are 29 322 places in the united states.

Income is not the only variable that leads to wealth. Enter age and pre tax gross income earned in full year 2019 to compare to income distribution by age. To be in the top 5 for this age range your household would need an income of 290 164 per year. According to data by the integrated public use microdata series ipums and using data from the current population survey the 99th percentile of us households earn at least 475 116 a year 25 adjusted for inflation.

After the age of 35 the percentage of people earning 50k or more is surprisingly consistent until retirement age hovering between 42 and 48. This age group finally breaks the 1m income barrier. Data backing the tool is explained in the average net worth by age post.