Inco come an and P Poverty: ty: 2017 2017 September 2018 URL: - - PowerPoint PPT Presentation

Inco come an and P Poverty: ty: 2017 2017

September 2018

URL: http://www.census.gov/newsroom/press- kits/2018/income_poverty.html

Pr Present nter

Trudi J. Renwick

Assistant Division Chief, Economic Characteristics Social, Economic, and Housing Statistics Division

• Median household income was $61,400 in 2017, an

increase in real terms of 1.8 percent from the 2016 median of $60,300. This is the third consecutive annual increase in median household income.

• The 2017 real median earnings of all male workers

increased 3.0 percent from 2016 to $44,400, while real median earnings for their female counterparts ($31,600) saw no statistically significant change between 2016 and 2017.

• The number of workers with earnings increased by

1.7 million between 2016 and 2017. The number of individuals who worked full-time, year-round increased by 2.4 million.

Highlights ts

Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2017 and 2018 Annual Social and Economic Supplements.

I&P-1

Real M Median an Ho House sehold Income: e: 1 196 967 t to 2017 17

10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Income in thousands (2017 dollars) Recession

$61,400 $46,000

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

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Real M Median an Ho House sehold Income: e: 1 196 967 t to 2017 17

10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Income in thousands (2017 dollars) Recession

Red edesi esigned ed Med edian Tradit itional al Med edian

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Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Red edesi signed ed Ho House sehold I Income C Com

• mpar

arison son: 1 199 999 to to 2017 17

Income in thousands (2017 dollars) Recession

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2000 to 2018 Annual Social and Economic Supplements.

50 60 70 1999 2007 2013 2017

Adj djusted ed H Househ sehold Med edian Tradit itional al Med edian Red edesi esigned ed Med edian $61,400 $61,400 $62,000

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Rea eal Median an Ho House sehold I Income b e by Rac Race and Hi Hispan anic Origin o

• f Ho

House seholder er: 1 196 967 t to 2017

Income in thousands (2017 dollars) Recession 10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017

His ispanic ic ( (an any rac ace) Asian Black $81,300 300 $68,100 100 $40,300 $50,500 No Non-Hispanic W White $66,700 700 $54,200 200 $40,300 $27,800 800

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

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Real Ho House sehold I Income a at Selec ected ed P Percen entiles es: : 1967 67 to to 2017

50 100 150 200 250 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Income in thousands (2017 dollars)

10th 50th ( h (medi dian) 90th $96,800 800 $10,500 500 $46,000 000

Recession

$179, 9,100 100 $14,200 200 $61,400 95th $122, 2,300 300 $237, 7,000 000

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

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Gini I Inde ndex x of

• f Mon
• ney I

y Inc ncome: 1 1967 t to

• 2017

17

0.300 0.350 0.400 0.450 0.500 0.550 0.600 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017

0.482 0.397 Gini Index ex

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. In 1993 there was a change in data collection methodology. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Recession I&P-6

20 40 60 1960 1970 1980 1990 2000 2010 2017 1960 1970 1980 1990 2000 2010 2017

Rea eal M Med edian Earnings: s: 1960 t 60 to 2017 17

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Earnings rounded to nearest $100. Workers aged 15 and older. Source: U.S. Census Bureau, Current Population Survey, 1961 to 2018 Annual Social and Economic Supplements.

$44,400 $31,600

Recession

$52,100 $42,000

Earnings in thousands (2017 dollars)

Male ales Females es Male ales Females es

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Total workers Full-time, year round workers

40 50 60 70 80 90 100 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017

Fem emale le-to to-ma male ear earnin ings r s ratio io 80.5% 60.7%

Fe Female-to-Mal ale E Earnings Ra gs Ratio: 1 1960 t to

• 2017

17

(Full-time, year-round workers, aged 15 and older)

Percent Recession

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. In 1993 there was a change in data collection methodology. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

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10 20 30 40 50 60 70 80 90 100 1967 1980 1990 2000 2010 2017

Wor

• rker

ers w s with E Earnings b gs by Sex: 1 1967 t 67 to 2017

Numbers in millions Recession

49.3 milli llion 88.1 milli llion 78.2 milli llion 66.4 milli llion

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Workers aged 15 and older. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

1967 1980 1990 2000 2010 2017

Male ales Females es Male ales Females es

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Total workers Full-time, year round workers

5 10 15 20 25 20 25 30 35 40 45 50 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Numbers in millions

Povert rty Rate and N and Numbe ber i r in n Poverty: y: 1959 t 59 to 2017

Percent

39.7 millio llion

Recession

Pov

• verty r

y rate 22.4% 12.3% 39.5 millio llion

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements.

Numbe ber i in P Pove verty

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Pover erty Ra Rates es by Rac Race a and Hi Hispan anic Origin: n: 1 1959 t 59 to 2017 17

10 20 30 40 50 60 70 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Percent

Non-Hispanic W White His ispanic ic ( (an any race) Asian Black 55.1% 22.8% 16.1% 7.5%

Recession

18.3% 10.0% 8.7% 21.2%

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements.

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Povert rty Rates b by Ag Age: 1 1959 t to

• 2017

17

5 10 15 20 25 30 35 40 45 50 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Percent

Aged ed 1 18 to to 64 Under ag age 18 e 18 17.0% 27.3% 35.2% Aged 6 65 a and older er

Recession

17.5% 11.2% 9.2%

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Data for people aged 18 to 64 and 65 and older are not available from 1960 to 1965. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements.

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Co Compa pari rison of n of Fe Female-to-Mal ale P e Pover erty Rates: 1 1966 and and 2017

All People Under age 18 Aged 18 to 64 Aged 65 and older Percentage-point difference (female minus male) 2017 1966

Note: *Significantly different from zero at the 90 percent confidence interval. Source: U.S. Census Bureau, Current Population Survey, 1967 and 2018 Annual Social and Economic Supplements.

3.3* 2.6* 1.2 0.4 3.7* 3.6* 8.5* 3.0*

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Peo eople w e with I Income B e Bel elow 50 Per erce cent of Thei eir P r Povert rty T Thresh shold: 1975 t to

• 2017

5 10 15 20 25 1975 1980 1985 1990 1995 2000 2005 2010 2017 Percent

3.7%

Recession

5.7%

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements.

Inc ncome e Below 5 50% % Poverty ty T Threshold Pov

• verty

y Rate 12.3% 12.3%

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Ind ndivi viduals w with I h Inc ncome Be Below 50% of

• f the

he P Povert rty Thres eshold as a a Sha hare of

• f Tot
• tal P

Poverty P Popu

• pulation:

1975 t to

• 2017

10 20 30 40 50 60 1975 1980 1985 1990 1995 2000 2005 2010 2017 Percent

30.1%

Recession

46.7%

Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements.

Proporti tion o

• f People in P

Poverty ty Wit ith I Income B Belo elow 50% 50% Poverty ty T Threshold

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• Income and Poverty in the United

States: 2017

• Detailed and historical tables
• Poverty Thresholds
• America Counts: Stories Behind the

Numbers

• “Highest Median Household Income on

Record?”

• “Poverty Rate Drops for Third Consecutive

Year in 2017”

For more i information: n:

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<https://www.census.gov/library/publications/2018/demo/p60-263.html>