The Distribution of Household Income and Federal Taxes, 2013

"In 2013, according to the Congressional Budget Office’s estimates, average household market income— a comprehensive income measure that consists of labor income, business income, capital income (including capital gains), and retirement income—was approximately $86,000. Government transfers, which include benefits from programs such as Social Security, Medicare, and unemployment insurance, averaged approximately $14,000 per household. The sum of those two amounts, which equals before-tax income, was about $100,000, on average. In this report, CBO analyzed the distribution of four types of federal taxes: individual income taxes, payroll (or social insurance) taxes, corporate income taxes, and excise taxes. Taken together, those taxes amounted to about $20,000 per household, on average, in 2013.1 Thus, average after-tax income—which equals market income plus government transfers minus federal taxes— was about $80,000, and the average federal tax rate (federal taxes divided by before-tax income) was about 20 percent..."
Household_income

Quarterly and Mean Monthly Personal, Family and Household Income by Selected Characteristi

Find the latest statistics of family and household income as published by the U.S. Census Bureau.
Family and household income

Quarterly and Mean Monthly Personal, Family and Household Income by Selected Characteristics

Find personal, family, and household income by selected characteristics for the First Quarter of 2013.
Family and household income

American Community Survey Briefs U.S. Department of Commerce Economics and Statistics Administration U.S. CENSUS BUREAU census.gov Household Income: 2012

"this report presents data on median household income at the national and state levels based on the 2011 and 2012 American Community Survey (ACS). Estimates from the 2011 ACS and the 2012 ACS show no significant change in median household income at the national level and for most states.."
Household Income

An Analysis of the Distribution of Wealth Across Households, 1989-2010

"The distribution of wealth (net worth) across households has been an underlying consideration in
congressional deliberations on various issues, including taxation and social welfare. This report
analyzes the change over time in the concentration of net worth (assets minus liabilities) to help
inform those policy deliberations.

According to data from the Federal Reserve’s latest Survey of Consumer Finances (SCF), mean
household net worth was $498,800 and median household net worth was $77,300 in 2010.The
median is the value at which one-half of wealth-owners have lower values and one-half have
higher values of wealth. It is a better indication of the wealth of the “typical” household than is
the mean which, because of the way in which it is calculated, is greatly affected by the small
number of households with high values of wealth. A mean over six times a median suggests
substantial concentration of wealth among households at the upper end of the wealth distribution..."

Trends in the Distribution of Household Income Between 1979 and 2007

"From 1979 to 2007, real (inflation-adjusted) average household income, measured after government transfers and federal taxes, grew by 62 percent. During that period,
the evolution of the nation’s economy and the tax and spending policies of the federal government and state and local governments had varying effects on households at different points in the income distribution: Income after transfers and federal taxes (denoted as after-tax income in this study) for households at the higher end of the income scale rose much more rapidly than income for households in the middle and at the lower end of the income scale..."

Dynamics of Economic Well-Being: Fluctuations in the U.S. Income Distribution, 2004–2007
"Between 2004 and 2007, the (real) median household income in the United States increased 3.2 percent, as measured by data available from the Current Population Survey’s (CPS) Annual Social and Economic Supplement (ASEC). This statistic compares a cross-section of households in 2004 with another crosssection of households in 2007, but does not provide a picture of what happened to
the same households over time. Medians, like those available from the CPS-ASEC, can conceal fluctuations in annual household income. In order to examine changes in the annual (real) income of the same households between 2004 and 2007, this report uses the longitudinal data available from the 2004 panel of the Survey of Income and Program Participation (SIPP)(Text Box: Household Income)..."

Farm Household Economics and Well-Being:Farm Household Income
"This chapter presents the latest U.S. farm household income estimates and a revised forecast for 2010. The 2009 estimates are based on the latest 2009 Agricultural Resource Management Survey (ARMS) data. This chapter includes information on the composition of income, comparisons of income for farm households relative to U.S. households, and variations in farm household income by farm size and specialization.

Income estimates for farm operator households presented in this briefing room differ from other farm income estimates of the farm sector or of farm businesses. In particular, principal farm operator households receive income from a variety of sources other than their farm businesses, such as wages and salaries from off-farm jobs, other businesses, dividends and interest, and other public and private sources that are included here but not in the farm sector accounts..."