Published by Oct 6, 2023
In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 74,580 dollars in 2022. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.
Median household income in the United States, by race and ethnicity from 1967 to 2022 (in 2022 U.S. dollars)
| Characteristic | All races | White, non-Hispanic | Black | Hispanic (any race) | Asian | American Indian and Alaska Native |
|---|---|---|---|---|---|---|
| 2022 | 74,580 | 81,060 | 53,500 | 62,800 | 109,400 | 58,060 |
| 2021 | 76,330 | 84,110 | 52,640 | 62,520 | 109,000 | 55,300 |
| 2020 | 76,660 | 84,990 | 52,700 | 62,480 | 107,100 | 61,020 |
| 2019 | 78,250 | 86,630 | 52,480 | 63,910 | 110,700 | 58,090 |
| 2018 | 73,030 | 81,650 | 48,190 | 59,470 | 100,300 | 54,630 |
| 2017 | 72,370 | 80,350 | 47,870 | 59,530 | 95,460 | 53,070 |
| 2016 | 70,840 | 78,040 | 48,070 | 57,200 | 96,980 | 51,050 |
| 2015 | 68,410 | 76,200 | 45,040 | 54,650 | 92,920 | 51,780 |
| 2014 | 64,900 | 72,890 | 43,130 | 51,400 | 90,510 | 50,640 |
| 2013 | 63,720 | 71,490 | 42,660 | 50,250 | 82,640 | 45,950 |
| 2012 | 63,350 | 70,790 | 41,870 | 48,430 | 84,660 | 45,520 |
| 2011 | 63,350 | 70,130 | 40,960 | 48,880 | 82,260 | 46,460 |
| 2010 | 64,300 | 71,070 | 41,960 | 49,110 | 82,900 | 48,490 |
| 2009 | 65,850 | 72,040 | 43,320 | 50,320 | 86,080 | 49,100 |
| 2008 | 66,280 | 73,160 | 45,250 | 49,950 | 86,390 | 52,260 |
| 2007 | 68,610 | 75,010 | 46,560 | 52,830 | 89,980 | 52,270 |
| 2006 | 67,520 | 73,440 | 45,010 | 52,930 | 89,520 | 50,890 |
| 2005 | 66,780 | 73,210 | 44,620 | 51,850 | 88,000 | 52,200 |
| 2004 | 65,760 | 72,550 | 44,850 | 50,830 | 85,210 | 53,330 |
| 2003 | 65,860 | 72,640 | 45,140 | 50,170 | 84,020 | 54,850 |
| 2002 | 65,820 | 72,790 | 45,290 | 51,380 | 81,150 | 52,810 |
| 2001 | 66,360 | 72,770 | 46,310 | 52,750 | 84,280 | 50,420 |
| 2000 | 67,470 | 73,310 | 47,670 | 53,300 | 89,590 | 50,340 |
| 1999 | 67,650 | 73,400 | 46,390 | 51,110 | 84,710 | 50,180 |
| 1998 | 65,980 | 72,010 | 43,010 | 48,070 | 79,130 | 53,490 |
| 1997 | 63,640 | 69,790 | 43,080 | 45,800 | 77,820 | 48,640 |
| 1996 | 62,350 | 68,140 | 41,250 | 43,750 | 76,020 | 41,680 |
| 1995 | 61,440 | 67,040 | 40,380 | 41,220 | 73,230 | 39,050 |
| 1994 | 59,550 | 64,830 | 38,810 | 43,230 | 74,720 | 48,480 |
| 1993 | 58,920 | 64,450 | 36,840 | 43,170 | 72,330 | 45,810 |
| 1992 | 59,210 | 64,340 | 36,250 | 43,680 | 73,060 | 43,770 |
| 1991 | 59,710 | 64,060 | 37,270 | 44,970 | 72,240 | 47,590 |
| 1990 | 61,500 | 65,610 | 38,360 | 45,860 | 78,970 | 47,210 |
| 1989 | 62,260 | 66,900 | 38,950 | 47,210 | 77,760 | 37,340 |
| 1988 | 61,210 | 66,490 | 36,890 | 45,770 | 72,550 | 37,100 |
| 1987 | 60,760 | 65,780 | 36,540 | 45,080 | 75,130 | 39,920 |
| 1986 | 60,010 | 64,520 | 36,350 | 44,230 | - | - |
| 1985 | 57,860 | 62,400 | 36,310 | 42,790 | - | - |
| 1984 | 56,780 | 61,150 | 34,130 | 43,050 | - | - |
| 1983 | 55,120 | 59,290 | 32,800 | 41,980 | - | - |
| 1982 | 55,470 | 59,050 | 32,910 | 41,740 | - | - |
| 1981 | 55,630 | 59,620 | 32,980 | 44,620 | - | - |
| 1980 | 56,580 | 60,750 | 34,390 | 43,610 | - | - |
| 1979 | 58,400 | 62,090 | 35,950 | 46,270 | - | - |
| 1978 | 58,510 | 61,970 | 36,550 | 45,840 | - | - |
| 1977 | 56,320 | 60,390 | 34,950 | 44,180 | - | - |
| 1976 | 56,040 | 59,910 | 34,910 | 42,270 | - | - |
| 1975 | 55,100 | 58,060 | 34,590 | 41,400 | - | - |
| 1974 | 56,640 | 59,740 | 35,230 | 45,050 | - | - |
| 1973 | 58,400 | 61,750 | 36,030 | 45,250 | - | - |
| 1972 | 57,170 | 60,830 | 35,010 | 45,260 | - | - |
| 1971 | 55,010 | - | 33,990 | - | - | - |
| 1970 | 55,490 | - | 35,180 | - | - | - |
| 1969 | 55,890 | - | 35,260 | - | - | - |
| 1968 | 53,770 | - | 33,020 | - | - | - |
| 1967 | 51,570 | - | 31,230 | - | - | - |
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I'm an expert in socioeconomic trends and historical data analysis, with a focus on income disparities across different demographic groups. My extensive knowledge in this field allows me to delve into the concepts presented in the article published by Aaron O'Neill on October 6, 2023, regarding the historical data of median household income in the United States.
Firstly, the evidence presented in the article is based on a comprehensive dataset spanning from 1967 to 2022. This long-term perspective allows for a thorough examination of trends and patterns in household income across various racial and ethnic groups. The data is reported in 2022 U.S. dollars, accounting for inflation and providing a consistent measure for comparison.
Now, let's analyze the key concepts used in the article:
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Median Household Income:
- This refers to the middle point of all household incomes, arranged from lowest to highest. It is a robust measure that helps mitigate the influence of extreme values.
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Racial and Ethnic Groups:
- The article categorizes households into different racial and ethnic groups, including White (non-Hispanic), Black, Hispanic (any race), Asian, American Indian, and Alaska Native.
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Income Disparities:
- The central theme of the article is the examination of income disparities among various racial and ethnic groups over time.
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Time Period (1967-2022):
- The dataset spans several decades, enabling the identification of long-term trends and shifts in median household income.
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Ethnic Income Disparities:
- The article highlights consistent disparities among ethnic groups, with Black Americans having the lowest median income and Asian Americans consistently having the highest. The income for Asian American households is reported to be around double that of Black Americans.
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Graphical Representation:
- The data is presented visually through a column chart, allowing for a quick and intuitive understanding of the trends and differences over the years.
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Inflation Adjustment:
- The use of 2022 U.S. dollars indicates that the figures have been adjusted for inflation, providing a more accurate representation of changes in real purchasing power over time.
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Zoomable Statistic:
- The article includes a zoomable statistic, allowing readers to focus on specific ranges in the chart for a more detailed analysis.
In conclusion, this article provides a comprehensive and well-documented analysis of the historical trends in median household income, emphasizing the significant disparities that exist among different racial and ethnic groups in the United States. The evidence presented is robust, spanning a substantial timeframe and incorporating inflation adjustments for a more nuanced understanding of economic changes over the years.
