About This Statistic
The statistic shows the percentage distribution of household income in the United States in 2015. About 12.7 percent the U.S. private households had an annual income between 35,000 and 49,999 U.S. dollars.
Income and poverty
The largest proportion of citizens, at 16.7 percent, earns an annual household income between 50,000 to 74,999 U.S. dollars. Household income in the United States can be used to track economic status and trends across the country. After the economic recession in 2009, the distribution of household incomes has become more unequal and has made income inequality more prominent across many metropolitan areas. Household incomes can also determine if an individual is eligible for certain programs like financial aid. Since 2000, the poverty rate in the country has increased steadily, reaching some 14.5 percent of the population in 2013. About 12.7 percent of households currently earn less than 15,000 U.S. dollars annually. Based on a four-person household in the United States, earning less than 23,492 U.S. dollars annually would put a family under the poverty threshold. Some 27.05 million households currently live under 25,000 U.S. dollars per year . About a quarter of both the total Black and Hispanic populations were living below the poverty line in 2015. Child poverty has hit record high levels in the country and the U.S. was listed as having one of the highest relative rates in the developed world. Many Americans spend at least one year in their life below the poverty line between the ages of 25 and 75.