How much do US households make?
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Household income is the total money received by everyone over the age of 15 living in a single household. It accounts for paychecks, yes, but also other forms of income like investments, rental income, public assistance, and more. How are US households fairing? We have the data on how their incomes vary by national, state, and county levels.
- In 2023, the median US household income was $77,700 — down by $100 from the year prior after adjusting for inflation.
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- About 39.0% of households made over $100,000 in 2023, while 32.3% made under $50,000.
- Massachusetts had the highest median household income ($99,900) of any state, and Mississippi had the lowest ($54,200). However, Washington, DC, had the highest household income of all at $108,200.
- Income also varies by county, of course. The median household income in Los Angeles County was $87,800 from 2019–2023. This was 8.9% lower than in California overall but 11.7% higher than the national average.
- The median household income in Miami-Dade County, Florida, was $68,700 from 2019–2023. This was 4.2% lower than in the state of Florida and 12.5% lower than the national average.
Pinpoint the metrics on your state or county. Click the dropdown at the top of this page to get started. |
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Are paychecks keeping up with prices?
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- From February 2024 to February 2025, wages grew 0.6 percentage points faster than inflation.
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- Nominal wages (the literal dollars earned, regardless of the cost of living) increased by 3.4%, while inflation was 2.8%. However, when you factor in inflation, the real wage growth was 0.58% or an additional $7 a week.
- When wage growth outpaces inflation, that’s better for your wallet. But when inflation rises faster than wages, people can’t afford as much. In June 2022, the wage-inflation gap hit a record low: wages were up 4.8%, but inflation hit 9.1%.
- One bright spot: Inflation has not outgrown wages on a year-over-year basis in any month since June 2023.
- Since March 2006, the nominal average wage rose from $686 to $1,225, up 78.7%. Adjusting for inflation, however, shows that real wages rose 11.9%.
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The popular Just the Facts video series is back! Just in time for Tax Day, learn how federal income tax brackets work, how many Americans fall into each bracket, and how much tax filers pay on average. |
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Solid education data is key for measuring what’s working, and what isn’t, in US schools. USAFacts Founder Steve Ballmer just issued an open letter to Education Secretary Linda McMahon about the critical work done by the National Center for Education Statistics. Read it on LinkedIn or on X. |
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Yes, we shared this tariffs article last week, but since they were again one of the week’s top stories, we’d be remiss if we didn’t share it again.
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Michigan led the nation in auto industry employment in 2022, with 43,800 people working in vehicle manufacturing and 123,000 in parts manufacturing. California ranks second in vehicle manufacturing employment (32,300), while Ohio is second in parts manufacturing (64,900). |
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