U.S. Household Income Distribution

Posted By on October 1, 2010

Data from the new Census report created the following income distribution chart:

us household income chart

So…..35% of U.S. households live on $35,000 or less.    Those making more than $100,000 fall under the top 20 percent category.  But the real income disparity shows up clearly once you go over the $200,000 range.  The top 20 percent of Americans made close to 50 percent of all income while those below the poverty line made up 3.4 percent.  This ratio of 14.5 to 1 is the highest on record.  In 2008 the ratio was at 13.6 and back in 1968 it was 7.69.

More at: http://www.mybudget360.com/

Categories: Commentary, Economy, Finance, National News, Personal Net Worth
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