US Population by Household Income 2021-2023

In 2021, 25.2% of US Households had income below $35,000 per year. In 2023. 26.2% US Households had income below %35.000 per year. US inflation has increased by 17% since 2021. 

$ Income              2021%     Hourly Rate    2023%

Under $15000         9.3      Under $7.21         9.4

15000 to 24999       8.1     7.21 to 12.02        8.7

25000 to 34999       7.8    12.02 to 16.83       8.1

35000 to 49999     10.9    16.83 to 24.03     11.6

50000 to 74999     16.2    34.03 to 36.05     16.5

75000 to 99999     11.9                                12.2

100000 to 14999   15.9                                15.3

150000 to 199999   8.3                                  8.0

Over 200000         11.6                                10.3

https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-i

https://www.zippia.com/advice/average-american-income/

64% of US Households own their homes.  36% of US Households rent their homes.

https://www.worthinsurance.com/post/homeowners-vs-renters-statistics

Comments

More lower paid workers need to add skills to move ahead to jobs that pay $35,000 to $49,999 per year.

Norb Leahy, Dunwoody GA Tea Party Leader