U.S. citizens with a professional degree had the highest median household income in 2020, at 151,560 U.S. dollars. In comparison, those with less than a 9th grade education made significantly less money, at 29,609 U.S. dollars.
The median income of white non-Hispanic households in the United States has been on the rise since 1990. While income has also been on the rise, the median income of Hispanic households was much lower than those of white, non-Hispanic private households. However, the median income of Black households is even lower than Hispanic households. Income inequality is problem without an easy solution in the United States, especially since ethnicity is a contributing factor. Systemic racism contributes to the non-White population suffering from income inequality, which causes the opportunity for growth to stagnate.
Median household income in the United States in 2020, by educational attainment of householder
(in U.S. dollars)
Medians are calculated using 2,500 U.S. dollars income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to 250,000 U.S. dollars or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was 100,000 U.S. dollars and a plug of “$100,000” was used.
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US Census Bureau. (October 8, 2021). Median household income in the United States in 2020, by educational attainment of householder (in U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2022, from https://www.statista.com/statistics/233301/median-household-income-in-the-united-states-by-education/
US Census Bureau. "Median household income in the United States in 2020, by educational attainment of householder (in U.S. dollars)." Chart. October 8, 2021. Statista. Accessed July 05, 2022. https://www.statista.com/statistics/233301/median-household-income-in-the-united-states-by-education/
US Census Bureau. (2021). Median household income in the United States in 2020, by educational attainment of householder (in U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2022. https://www.statista.com/statistics/233301/median-household-income-in-the-united-states-by-education/
US Census Bureau. "Median Household Income in The United States in 2020, by Educational Attainment of Householder (in U.S. Dollars)." Statista, Statista Inc., 8 Oct 2021, https://www.statista.com/statistics/233301/median-household-income-in-the-united-states-by-education/
US Census Bureau, Median household income in the United States in 2020, by educational attainment of householder (in U.S. dollars) Statista, https://www.statista.com/statistics/233301/median-household-income-in-the-united-states-by-education/ (last visited July 05, 2022)
