Household Income Average US – Mean Household Income US

You can say that the United States has one of the best economies globally. Hence, the average income of a US citizen is higher than in most parts of the world.

So how much does an average American make in a year? Well, this article contains the answer to that question.

In this article, we have every info about the average US Household Income by state, gender, family size, etc.

Now, without going in circles, let’s get into it.

What Is an Average U.S. Household Income in 2023? Mean Household Income US

In the first quarter of 2023, the average weekly earnings of a full-time worker was $1,095.

Hence, based on the weekly and annual median incomes, the average yearly income in the U.S. is $56,940.

However, let’s have a look at the U.S states with their annual income:

States Annual U.S. Income
Alabama             $80,098
Alaska             $95,705
Arizona             $93,563
Arkansas             $73,595
California             $109,260
Colorado             $11,730
Connecticut             $112,717
Delaware             $88,015
District of Columbia             $134,879
Florida             $80,986
Georgia             $89,679
Hawaii             $100,865
Idaho             $86,823
Illinois             $105,406
Indiana             $93,692
Iowa             $89,448
Kansas             $92,077
Kentucky             $75,926
Louisiana             $75,323
Maine             $87,585
Maryland             $130,850
Massachusetts             $127,044
Michigan             $98,869
Missouri             $89,400
Montana             $87,696
Nebraska             $98,805
Nevada             $63,588
New Hampshire             $111,787
New Jersey            $119,883
New Mexico             $72,198
New York            $101,402
North Carolina             $83,726
North Dakota             $87,614
Ohio            $82,814
Oklahoma            $76,735
Oregon            $104,543
Pennsylvania            $100,456
Rhode Island            $100,468
South Carolina            $83,231
South Dakota            $90,680
Tennessee            $80,185
Texas            $96,468
Utah            $107,811
Vermont            $98,588
Virginia            $114,811
Washington            $106,549
West Virginia            $75,856
Wisconsin            $91,538
Wyoming            $80,389
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Thus, the District of Columbia is the state with the highest average annual income in the U.S.

Now that you know the average U.S. annual income based on states, here is the average U.S. Income by Gender.

Average U.S. Income by Gender –  Mean Household Income US By SEX

Based on the report, the median income of men in the U.S. was $1,181 based on the first quarter of 2023.

Hence, here is the average annual median income of men in the U.S from 2023 to 2014:

Year Annual Median Income Of Men In the United States
2023 $61,412
2022 $61,204
2021 $57,408
2020 $55,744
2019 $53,144
2018 $51,584
2017 $49,036
2016 $48,048
2015 $47,008
2014 $45,656

From the above table, you can see an increase in the annual median income of men in the U.S.

Having said that let’s have a look at the annual median income of women in the U.S:

Year Annual Median Income Of Women In the United States
2023 $51,584
2022 $50,700
2021 $48,308
2020 $46,488
2019 $43,784
2018 $41,340
2017 $40,040
2016 $39,468
2015 $37,908
2014 $37,648
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Also, from this table, you can see the increase in the annual median income of women in the U.S.

 Average U.S. Income by Family Size

The average annual median income of a family of two in the U.S. was $75,143 as of the time of this post.

Hence, here is a table of the average annual median income in the U.S by family size:

Family Size Annual Median Income
2-people $75,143
3-people $88,692
4-people $105,901
5-people $99,694
6-people $97,292
7-people + $102,212

 

Average U.S. Income by Age

Here is the annual median income in the U.S. by age:

Age Annual Median Income
16 to 19 years $31,772
20 to 24 years $38,324
25 to 34 years $52,936
35 to 44 years $63,596
45 to 54 years $64,428
55 to 64 years $63,336
Above 65 years $54,184

From the table, you can tell that those between 45 to 54 years earn the highest. Whereas, those between 16 to 19 years earn the least.

Household Income Average US by Profession

Here is the annual median income in the U.S. by profession:

Profession Annual Median Income in the U.S. by Profession
Management, Professional, and Related occupations $79,612
Natural Resources, Construction, and Maintenance Occupations $51,636
Sales and Office Occupations $48,308
Production, Transportation, and Material Moving Occupations $43,316
Service Occupations $36,972
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Hence, those in Management, Professional, and Related occupations earn higher than others.

Thus, let’s have a look at the annual median income of Men and women in the U.S. by profession:

Profession Annual Median Income of Men in the U.S. by profession Annual Median Income of Womenin the U.S. by profession
Management, Professional, and Related occupations $92,300 $69,888
Natural Resources, Construction, and Maintenance Occupations $52,364 $34,528
Sales and Office Occupations $53,248 $45,136
Production, Transportation, and Material Moving Occupations $46,956 $35,776
Service Occupations $41,236 $34,424

Thus, those in Management, Professional, and Related occupations earn higher.

Final Word

To sum it up, we’ve been able to give you a list of the average U.S. Household Income for 2023.

Hence, this article contains all you need about the average U.S. Household Income for 2023.

Thus, if you have any questions, please leave a comment in the comment session below.

Having said that, thank you for reading!