The Distribution Of Income For 2010: Households
In 2010, the median household income in the United States was $49,445, which was down from the $49,777 that had been recorded in 2009.
Meanwhile, average household income in the U.S. was $67,530 for 2010, which was likewise down from 2009′s figure of $67,976.
Both figures for 2010, along with the rest of the cumulative distribution of household income in the United States for 2010, are presented in the following chart, which shows the U.S. household income distribution in terms of percentiles:
As we did with the individual distribution of income for 2010, we’ve built a tool you can use to see where you might fall in percentile terms among all U.S. households where your household income is concerned.
Accounting for 2010′s average 1.6% rate of inflation, which would boost household median income in 2009 up to $50,599 in 2010 U.S. dollars, real median household income fell by 2.3%, from $50,599 to $49,445.
Overall, the U.S. Census counted 118,682,000 households in 2010, marking an increase of 1,144,000 households in the U.S. from 2009. With 211,254,000 people counted as having earned income in 2010, that puts the average number of income earners per U.S. household at 1.782. The average number of income earners per U.S. household was 1.797 in 2009 and 1.808 in 2008, when this ratio last peaked in value.
On a side note, in 2010, the U.S. federal government spent $3.456 trillion dollars, which represents spending in excess of $29,121 per U.S. household, which is slightly down from the $29,968 it spent per U.S. household in 2009.
For a median household income of $49,455, the typical American household can only afford for the U.S. government to spend, at most, $20,794 per household. To be able to afford a federal government that spends $29,121 per U.S. household, the median household income of the United States would have to rise to just over $68,250.
Finally, here is our chart showing the cumulative distribution of income among all U.S. households with the number of households:
Data Sources
U.S. Census. Current Population Survey. Annual Social and Economic (ASEC) Supplement. HINC-01. Selected Characteristics of Households by Total Money Income in 2010. Accessed 13 September 2011.
U.S. Census. Current Population Survey. Annual Social and Economic (ASEC) Supplement. HINC-01. Selected Characteristics of Households by Total Money Income in 2009. Accessed 13 September 2011.
Read more at Political Calculations
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
“All demographic groups – even those not usually associated with wealth redistribution such as Republicans and the wealthy – desired a more equal distribution of wealth than the status quo”, with “92% of Americans preferring the Sweden distribution to (that of) the United States” – Norton, M. I., & Ariely, D., “Building a Better America – One Wealth Quintile at a Time”, Perspectives on Psychological Science, January 2011 6: 9-12. http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf