About This Statistic
This statistic shows the total personal income in the United States from 1990 to 2015. The data are in current U.S. dollars not adjusted for inflation or deflation. According to the BEA, personal income is the income that is received by persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Personal income increased to about 15.46 trillion U.S. dollars in 2015.
Personal income in the United States has risen steadily over the last decades from 4.9 trillion U.S. dollars in 1990 to 14.7 trillion U.S. dollars in 2014. In China, urban households had an average disposable income of some 29,547 yuan in 2013, which was equivalent to about 4,727 U.S. dollars at the time.
Personal income includes all earnings including wages, investments, and other sources. Personal income also varied widely across the U.S., where those living in the District of Columbia, on the higher scale, earned an average of 74,513 U.S. dollars per capita and on the lower end of the spectrum, people in Mississippi earned 34,478 U.S. dollars per capita. In the District of Columbia, disposable income averaged some 64,892 U.S. dollars. In total, California earned the most personal income followed by Texas, receiving 1.82 trillion U.S. dollars and 1.2 trillion U.S. dollars, respectively.
Income tends to vary widely between demographics in the United States. Those with higher education levels tend to earn more money. Among those who were severely disabled, 37.3 percent garnered a personal income between 5,000 to 14,999 U.S. dollars. The Social Security and Supplemental Security Income disability programs provide monetary benefits to the disabled and certain family members.