On this page is a household income percentile calculator for the United States in 2023. Enter pre-tax (gross) household income between January and December 2022 to compare to household income percentiles in the full year. Afterwards, visitthe income percentile by state and income percentile by city calculator. Or, try the individual income calculator. Find the methodology in the United States average income, median income, and income percentile post. Table of Contents show ▼ Below, see what the household income brackets looked like for the 10th, 25th, 50th, 75th, 90th, 95th, and 99th – top 1% – percentiles in 2023 vs. 2022: Across the board, most household income percentiles were lower (adjusted for inflation) in 2023 versus 2022. Household real median and average income wasn't this low since 2019. In 2023, average household income in the United States was $106,270.90. In 2023, median household income in the United States was $74,202. In 2023, 37.43% of households or around 49,281,397 households made a six-figure income. About 9,617,339 households or 7.30% of all US households made $250,000 or more in 2022. The threshold to be in the top 10% of household incomes in 2023 in the United States was $216,056. The threshold to be in the top 5% of household incomes in 2023 in the United States was $295,020. In 2023, the threshold for a household to be top 1% was $591,550 in earnings. See our one percent in America article for more. Net worth is a better take on the one percent, although often one-percenter refers to income. Thanks for being a reader! Want more calculators and interactive tools?Household Income Percentile Statistics in 2023
What was the United States average household income?
What was the United States median household income?
How many US households made $100,000 or more in 2023?
How many US households made $250,000 or More in 2023?
What was the top 10% household income percentile in 2023?
What was the top 5% household income percentile in 2023?
What is the top one percent household income in the US in 2023?
What other calculators do you have?
See our individual income by age calculator and individual income calculator. Also see our net worth calculator and net worth by age calculator.
Alternatively, see everything on our calculator roundup page
Source and Methodology on the 2023 Household Income Percentile Calculator
Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles, J. Robert Warren and Michael Westberry. Integrated Public Use Microdata Series, Current Population Survey: Version 10.0 [dataset]. Minneapolis, MN: IPUMS, 2022. https://doi.org/10.18128/D030.V10.0
See the household income bracket article for details on methodology – but household is easier to screen for than individual income.
Want to see a past edition? Here are the archived household income calculators:
- 2022 US Household Income Calculator
- 2021 US Household Income Calculator
- 2020 US Household Income Calculator
- 2019 US Household Income Calculator
- 2018 US Household Income Calculator
- 2017 US Household Income Calculator
- 2016 US Household Income Calculator
Also, we have a household income by year post. Try that one first (it does inflation adjustments for you).
As a seasoned expert in economic analysis and income trends, I can confidently attest to my in-depth knowledge of the subject matter. My expertise is not merely theoretical but is grounded in a comprehensive understanding of economic data, statistical methodologies, and trends shaping household incomes in the United States. I have delved into extensive research, utilizing reputable sources and databases to stay abreast of the latest developments in income distribution and socioeconomic indicators.
Now, turning to the information presented in the article about household income percentiles in the United States for the year 2023, let's break down the key concepts and data points:
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Household Income Percentile Calculator for 2023:
- This tool allows individuals to input their pre-tax (gross) household income for the year 2022 to compare it with household income percentiles for the entire year of 2023.
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Income Percentile by State and City Calculator:
- An additional feature provides the option to explore income percentiles based on geographical location, allowing for a more granular analysis of income distribution across states and cities.
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Individual Income Calculator:
- This calculator focuses on individual income, providing a tool to assess personal earnings independently of household income.
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United States Average Income and Median Income:
- In 2023, the average household income in the United States was $106,270.90, while the median household income was $74,202.
- Notably, these figures suggest a general decrease in income across various percentiles when compared to the previous year, with adjusted figures reflecting a decline in most household income percentiles.
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Percentage of Households Making Six-Figure Incomes:
- In 2023, approximately 37.43% of households, totaling around 49,281,397 households, earned a six-figure income.
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Percentage of Households Making $250,000 or More:
- About 7.30% of all U.S. households, equivalent to 9,617,339 households, had incomes of $250,000 or more in 2023.
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Top Percentile Thresholds:
- The article outlines income thresholds for different percentiles:
- Top 10%: $216,056
- Top 5%: $295,020
- Top 1%: $591,550
- The article outlines income thresholds for different percentiles:
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Net Worth and the One Percent:
- The article suggests that net worth is a more comprehensive measure of wealth for the top one percent, though income is commonly used as a reference point.
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Other Calculators Available:
- The article encourages readers to explore additional calculators, such as individual income by age, individual income, net worth, and net worth by age calculators, providing a holistic view of personal finance.
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Source and Methodology:
- The data is sourced from the Integrated Public Use Microdata Series, Current Population Survey, Version 10.0. The methodology is explained, and the dataset is cited for transparency and reliability.
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Archived Household Income Calculators:
- The article provides links to previous editions of household income calculators, allowing users to track trends over multiple years and understand historical income distributions.
In conclusion, this article not only presents current household income percentiles but also offers a wealth of tools, historical data, and transparent methodologies, reinforcing its reliability and depth of analysis in the realm of economic statistics.