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That depends on how you define "average" and how you define "Income." Economists commonly use the median, which divides the population in half, as their average figure. According to the US Census Bureau in 2005: The median household income was roughly $46,000. The median annual earnings for someone in the labor force age 25 or older were $32,000. The median household per capita income, the amount of money households are able to allocate to each of their memebers, was $24,000.
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What is the average American income?
the average income depends on your job
What is national income and per capita income?
National income- total income of the country Per capita income- average income of the country
What was the average net income for a person living in the 1920s?
The national average income is about 1,500 a year.
What is the importance of national income figures?
National income figures helps governmental institutions understand the state of the economy. If the national average for income has increased, then businesses are growing.
What was the average income in the postwar boom of 1950?
What was the average American income in 1950?
What was the average American income in 1922?
$3,143.46
What is the income of Afghanistan?
The national income of Afghanistan is around 46.61 billion dollars, as of 2012. The national average income for Afghanistan was $426 a year in 2010.
What is the average income of American Jews?
120.000 dollars
Average annual income in India?
$500- American $
What was the average American household income in 1948?
1
What is the average yearly income of a single American?
$10,000
What is the average annual income in Kentucky?
According to the US Census Bureau, the average annual income for households in Kentucky was $41,489 in 2008. This is under the national average of $52,029.
