Income, Expenditures, Poverty, and Wealth 431 U.S. Census Bureau, Statistical Abstract of the United States: 2012 Section 13 Income, Expenditures, Poverty, and Wealth This section presents data on gross domestic product (GDP), gross national product (GNP), national and personal income, saving and investment, money income, poverty, and national and personal wealth. The data on income and expenditures measure two aspects of the U.S. economy. One aspect relates to the National Income and Product Accounts (NIPA), a summation reflecting the entire complex of the nation’s economic income and output and the interaction of its major components; the other relates to the distribution of money income to families and individuals or consumer income. The primary source for data on GDP, GNP, national and personal income, gross saving and investment, and fixed assets and consumer durables is the Survey of Current Business, published monthly by the Bureau of Economic Analysis (BEA). A comprehensive revision to the NIPA was released beginning in July 2009. Discussions of the revision appeared in the March, August, September, October, and November 2009 issues of the Survey of Current Business. Summary historical estimates appeared in the August 2009 issue of the Survey of Current Business. Detailed historical data can be found on BEA’s Web site at <http://www.bea.gov/>. Sources of income distribution data are the decennial censuses of population, the Current Population Survey (CPS), and the American Community Survey, all products of the U.S. Census Bureau (see text, Section 1 and Section 4). Annual data on income of families, individuals, and households are presented in Current Population Reports, Consumer Income, P60 Series, in print. Many data series are also found on the Census Web site at <http://www.census.gov/hhes /www/income/income.html>. Data on the household sector’s saving and assets are published by the Board of Governors of the Federal Reserve System in the quarterly statistical release Flow of Funds Accounts. The Federal Reserve Board also periodically conducts the Survey of Consumer Finances, which presents finan- cial information on family assets and net worth. The most recent survey is available at <http://www.federalreserve.gov/pubs /oss/oss2/scfindex.html>. Detailed infor- mation on personal wealth is published periodically by the Internal Revenue Service (IRS) in SOI Bulletin. National income and product— GDP is the total output of goods and services produced by labor and prop- erty located in the United States, valued at market prices. GDP can be viewed in terms of the expenditure categories that comprise its major components: personal consumption expenditures, gross private domestic investment, net exports of goods and services, and gov- ernment consumption expenditures and gross investment. The goods and services included are largely those bought for final use (excluding illegal transactions) in the market economy. A number of inclusions, however, represent imputed values, the most important of which is the rental value of owner–occupied housing. GDP, in this broad context, measures the output attributable to the factors of production located in the United States. GDP by state is the gross market value of the goods and services attributable to labor and property located in a state. It is the state counterpart of the nation’s GDP. The featured measure of real GDP is an index based on chain-type annual weights. Changes in this measure of real output and prices are calculated as the average of changes based on weights for the current and preceding years. (Components of real output are weighted by price, and components of prices are weighted by output.) These annual changes are “chained” (multiplied) together to form a time series that allows for the effects of changes in relative prices and changes in the composition of output over time. Quarterly and monthly changes are based on quarterly and monthly weights, respectively.
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Income, Expenditures, Poverty, and Wealth 431U.S. Census Bureau, Statistical Abstract of the United States: 2012
Section 13Income, Expenditures, Poverty, and Wealth
This section presents data on gross domestic product (GDP), gross national product (GNP), national and personal income, saving and investment, money income, poverty, and national and personal wealth. The data on income and expenditures measure two aspects of the U.S. economy. One aspect relates to the National Income and Product Accounts (NIPA), a summation reflecting the entire complex of the nation’s economic income and output and the interaction of its major components; the other relates to the distribution of money income to families and individuals or consumer income.
The primary source for data on GDP, GNP, national and personal income, gross saving and investment, and fixed assets and consumer durables is the Survey of Current Business, published monthly by the Bureau of Economic Analysis (BEA). A comprehensive revision to the NIPA was released beginning in July 2009. Discussions of the revision appeared in the March, August, September, October, and November 2009 issues of the Survey of Current Business. Summary historical estimates appeared in the August 2009 issue of the Survey of Current Business. Detailed historical data can be found on BEA’s Web site at <http://www.bea.gov/>.
Sources of income distribution data are the decennial censuses of population, the Current Population Survey (CPS), and the American Community Survey, all products of the U.S. Census Bureau (see text, Section 1 and Section 4). Annual data on income of families, individuals, and households are presented in Current Population Reports, Consumer Income, P60 Series, in print. Many data series are also found on the Census Web site at <http://www.census.gov/hhes /www/income/income.html>. Data on the household sector’s saving and assets are published by the Board of Governors of the Federal Reserve System in the quarterly statistical release Flow of Funds Accounts. The Federal Reserve Board also
periodically conducts the Survey ofConsumer Finances, which presents finan-cial information on family assets and net worth. The most recent survey is available at <http://www.federalreserve.gov/pubs /oss/oss2/scfindex.html>. Detailed infor-mation on personal wealth is published periodically by the Internal Revenue Service (IRS) in SOI Bulletin.
National income and product—GDP is the total output of goods and services produced by labor and prop-erty located in the United States, valued at market prices. GDP can be viewed in terms of the expenditure categories that comprise its major components: personal consumption expenditures, gross private domestic investment, net exports of goods and services, and gov-ernment consumption expenditures and gross investment. The goods and services included are largely those bought for final use (excluding illegal transactions) in the market economy. A number of inclusions, however, represent imputed values, the most important of which is the rental value of owner–occupied housing. GDP, in this broad context, measures the output attributable to the factors of production located in the United States. GDP by state is the gross market value of the goods and services attributable to labor and property located in a state. It is the state counterpart of the nation’s GDP.
The featured measure of real GDP is an index based on chain-type annual weights. Changes in this measure of real output and prices are calculated as the average of changes based on weights for the current and preceding years. (Components of real output are weighted by price, and components of prices are weighted by output.) These annual changes are “chained” (multiplied) together to form a time series that allows for the effects of changes in relative prices and changes in the composition of output over time. Quarterly and monthly changes are based on quarterly and monthly weights, respectively.
432 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
The output indexes are expressed as 2005 = 100, and for recent years, in 2005 dollars; the price indexes are also based to 2005 = 100. For more information on chained–dollar indexes, see the article on this subject in the November 2003 issue of the Survey of Current Business.
Chained (2005) dollar estimates of most components of GDP are not published for periods prior to 1990, because during periods far from the base period, the levels of the components may pro-vide misleading information about their contributions to an aggregate. Values are published in index form (2005 = 100) for 1929 to the present to allow users to calculate the percent changes for all components, which are accurate for all periods. In addition, BEA publishes estimates of contributions of major components to the percent change in GDP for all periods.
Gross national product measures theoutput attributable to all labor and property supplied by United States residents. GNP differs from “national income” mainly in that GNP includes allowances for depreciation—that is, consumption of fixed capital.
National income includes all net incomes net of consumption of fixed capital (CFC), earned in production. National income is the sum of compensation of employ-ees, proprietors’ income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj), rental income of persons with CCAdj, corporate profits with IVA and CCAdj, net interest and miscellaneous payments, taxes on production and imports, business current transfer payments (net), and current surplus of government enter-prises, less subsidies.
Capital consumption adjustment for corporations and for nonfarm sole proprietorships and partnerships is the difference between capital consumption based on income tax returns and capital consumption measured using empirical evidence on prices of used equipment and structures in resale markets, which have shown that depreciation for most types of assets approximates a geometric pattern. The tax return data are valued at
historical costs and reflect changes over time in service lives and depreciation patterns as permitted by tax regulations. Inventory valuation adjustment represents the difference between the book value of inventories used up in production and the cost of replacing them.
Personal income is the current income received by persons from all sources minus their personal contributions for government social insurance. Classified as “persons” are individuals (including owners of unincorporated firms), nonprofit institutions that primarily serve individuals, private trust funds, and private noninsured welfare funds. Personal income includes personal current transfer receipts (payments not resulting from current production) from government and business such as social security benefits, public assistance, etc., but excludes transfers among persons. Also included are certain nonmonetary types of income chiefly, estimated net rental value to owner-occupants of their homes and the value of services furnished without payment by financial interme-diaries. Capital gains (and losses) are excluded.
Disposable personal income is personal income less personal current taxes. It is the income available to persons for spending or saving. Personal current taxes are tax payments (net of refunds) by persons (except personal contributions for government social insurance) that are not chargeable to business expense. Personal taxes include income taxes, personal property taxes, motor vehicle licenses, and other miscellaneous taxes.
Gross domestic product by industry—The BEA also preparesestimates of value added by industry. Value added is a measure of the contribu-tion of each private industry and of gov-ernment to the nation’s GDP. It is defined as an industry’s gross output (which consists of sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermedi-ate inputs (which consists of energy, raw materials, semi-finished goods, and services that are purchased from domestic industries or from foreign sources). These estimates of value added are produced for
Income, Expenditures, Poverty, and Wealth 433U.S. Census Bureau, Statistical Abstract of the United States: 2012
61 private industries and for 4 govern-ment classifications—federal general government and government enterprises and state and local general government and government enterprises.
The estimates by industry are available in current dollars and are derived from the estimates of gross domestic income, which consists of three components— the compensation of employees, gross operating surplus, and taxes on produc-tion and imports, less subsidies. Real, or inflation-adjusted, estimates are also prepared.
Regional Economic Accounts—These accounts consist of estimates of state and local area personal income and of gross domestic product by state and are consistent with estimates of personal income and gross domestic product in the Bureau’s national economic accounts. BEA’s estimates of state and local area personal income provide a framework for analyzing individual state and local economies, and they show how the economies compare with each other. The personal income of a state and/or local area is the income received by, or on behalf of, the residents of that state or area. Estimates of labor and proprietors’ earnings by place of work indicate the economic activity of business and government within that area, and estimates of personal income by place of residence indicate the income within the area that is available for spending. BEA prepares estimates for states, counties, metropolitan areas, and BEA economic areas.
Gross domestic product by state estimates measure the value added to the nation’s production by the labor and property in each state. GDP by state is often consid-ered the state counterpart of the nation’s GDP. The GDP by state estimates pro-vide the basis for analyzing the regional impacts of national economic trends. GDP by state is measured as the sum of the distributions by industry and state of the components of gross domestic income; that is, the sum of the costs incurred and incomes earned in the production of GDP by state. The GDP estimates are presented in current dollars and in real (chained dollars) for 63 industries.
Consumer Expenditure Survey—The Consumer Expenditure Survey program began in 1980. The principal objective of the survey is to collect cur-rent consumer expenditure data, which provide a continuous flow of data on the buying habits of American consumers. The data are necessary for future revi-sions of the Consumer Price Index.
The survey conducted by the Census Bureau for the Bureau of Labor Statistics consists of two components: (1) an interview panel survey in which the expenditures of consumer units are obtained in five interviews conducted every 3 months, and (2) a diary or recordkeeping survey completed by participating households for two consecutive 1-week periods.
Each component of the survey queries an independent sample of consumer units representative of the U.S. total population. Each quarter of the year, approximately 3,200 consumer units are sampled for the diary survey. Each consumer unit keeps a diary for two 1-week periods yielding approximately 6,400 diaries a year. The interview sample is selected on a rotating panel basis, tar-geted at 15,000 consumer units. Data are collected in 91 areas of the country that are representative of the U.S. total popula-tion. The survey includes students in student housing. Data from the two surveys are combined; integration is necessary to permit analysis of total family expenditures because neither the diary nor quarterly interview survey was designed to collect a complete account of consumer spending.
Distribution of money income to families and individuals—Money income statistics are based on data collected in various field surveys of income conducted since 1936. Since 1947, the Census Bureau has collected the data on an annual basis and published them in Current Population Reports,P60 Series. In each of the surveys, field representatives interview samples of the population with respect to income received during the previous year. Money income as defined by the Census Bureau differs from the BEA concept of “personal income.” Data on consumer income
434 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
collected in the CPS by the Census Bureau cover money income received (exclusive of certain money receipts such as capital gains) before payments for personal income taxes, social security, union dues, medicare deductions, etc. Therefore, money income does not reflect the fact that some families receive part of their income in the form of noncash benefits (see Section 11) such as food stamps, health benefits, and subsidized housing; that some farm families receive noncash benefits in the form of rent-free housing and goods produced and consumed on the farm; or that noncash benefits are also received by some nonfarm residents, which often take the form of the use of business transportation and facilities, full or partial payments by business for retirement programs, medical and educational expenses, etc. These elements should be considered when comparing income levels. None of the aggregate income concepts (GDP, national income, or personal income) is exactly comparable with money income, although personal income is the closest. For a definition of families and households, see text, Section 1.
Poverty—Families and unrelatedindividuals are classified as being above or below poverty following the Office of Management and Budget’s Statistical Policy Directive 14. The Census Bureau uses a set of thresholds that vary by family size and composition.
The poverty calculation is based solely on money income and does not reflect the fact that many low-income persons receive noncash benefits such as food
stamps, medicaid, and public housing. The original thresholds were based on the U.S. Department of Agriculture’s 1961 Economy Food Plan and reflected the different consumption requirements of families. The poverty thresholds are updated every year to reflect changes in the Consumer Price Index. The follow-ing technical changes to the thresholds were made in 1981: (1) distinctions based on sex of householder were eliminated, (2) separate thresholds for farm families were dropped, and (3) the matrix was expanded to families of nine or more persons from the old cutoff of seven or more persons. These changes were incor-porated in the calculation of poverty data beginning with 1981. Besides the Census Bureau Web site at <http://www.census .gov/hhes/www/poverty/poverty.html>, information on poverty guidelines and research may be found at the U.S. Department of Human Services Web site at <http://aspe.hhs.gov/poverty /index.shtml>.
In the recent past, the Census Bureau has published a number of technical papers and reports that presented experimental poverty estimates based on income definitions that counted the value of selected government noncash benefits. The Census Bureau has also published reports on after–tax income.
Statistical reliability—For a discussion of statistical collection and estimation, sampling procedures, and measures of statistical reliability pertaining to Census Bureau data, see Appendix III.
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Table 667. Gross Domestic Product in Current and Chained (2005) Dollars: 1970 to 2010[In billions of dollars (1,038 represents $1,038,000,000,000). For explanation of gross domestic product and chained dollars, see text, this section. Minus sign (–) indicates decline in inventories or net imports]
– Represents or rounds to zero. NA Not available.Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
436 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 668. Real Gross Domestic Product, Chained (2005) Dollars—Annual Percent Change: 1990 to 2010[Change from immediate previous year; for example, 1990, change from 1989. Minus sign (–) indicates decrease]
– Represents or rounds to zero. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national
/nipaweb/SelectTable.asp?Selected=N>.
Table 669. Gross Domestic Product in Current and Chained (2005) Dollars by Type of Product and Sector: 1990 to 2010[In billions of dollars (5,801 represents $5,801,000,000,000). For explanation of chained dollars, see text, this section]
Type of product and sector 1990 2000 2004 2005 2006 2007 2008 2009 2010
NA Not available. 1 Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 2 Equals gross domestic product excluding gross value added of households and institutions and of general government. 3 Equals gross domestic business value added excluding gross farm value added. 4 Equals compensation of general government employees plus general government consumption of fixed capital.
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
Income, Expenditures, Poverty, and Wealth 437U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 670. Gross Domestic Product in Current and Chained (2005) Dollars by Industry: 2000 to 2010[In billions of dollars (9,952 represents $9,952,000,000,000). Data are based on the 2002 North American Industry Classification System (NAICS); see text, Section 15. Data include nonfactor charges (capital consumption allowances, indirect business taxes, etc.) as well as factor charges against gross product; corporate profits and capital consumption allowances have been shifted from a company to an establishment basis]
438 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 671. Gross Domestic Product by State in Current and Chained (2005) Dollars: 2000 to 2009[In billions of dollars (9,884.2 represents $9,884,200,000,000). For definition of gross domestic product by state or chained dollars, see text, this section]
1 For chained (2005) dollar estimates, states will not add to U.S. total.Source: U.S. Bureau of Economic Analysis, “Gross Domestic Product by State,” February 2011, <http://www.bea.gov
/regional/gsp/>.
Income, Expenditures, Poverty, and Wealth 439U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 672. Gross Domestic Product by Selected Industries and State: 2009[In billions of dollars (14,027.7 represents $14,027,700,000,000). Preliminary data. For definition of gross domestic product by state, see text, this section. Industries based on 2002 North American Industry Classification System; see text, Section 15]
1 Includes industries not shown separately. 2 Includes federal civilian and military and state and local government.Source: U.S. Bureau of Economic Analysis, “Gross Domestic Product by State,” February 2011, <http://www.bea.gov
/regional/gsp/>.
440 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 673. Relation of GDP, GNP, Net National Product, National Income, Personal Income, Disposable Personal Income, and Personal Saving: 1990 to 2010[In billions of dollars (5,801 represents $5,801,000,000,000). For definitions, see text, this section. Minus sign (–) indicates deficit or net disbursement]
– Represents or rounds to zero. 1 Corporate profits with inventory valuation and capital consumption adjustments.Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national
/nipaweb/SelectTable.asp?Selected=N>.
Table 674. Gross Saving and Investment: 1990 to 2010[In billions of dollars (918 represents $918,000,000,000)]
– Represents or rounds to zero. 1 IVA and CCA = Inventory valuation adjustment and capital consumption adjustment.2 Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets.
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
Income, Expenditures, Poverty, and Wealth 441U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 675. Flow of Funds Accounts—Composition of Individuals’ Savings: 1990 to 2010[In billions of dollars (518.6 represents $518,600,000,000). Combined statement for households, farm business, and nonfarm noncorporate business. Minus sign (–) indicates decrease]
1 GSE = government-sponsored enterprises. 2 Only directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual funds and life insurance and pension reserves. 3 Includes corporate farms. 4 Flow of Funds measure. 5 National Income and Product Accounts measure.
Source: Board of Governors of the Federal Reserve System, “Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States,” March, 2011, <http://www.federalreserve.gov/releases/z1/20100311/>.
Table 676. Government Consumption Expenditures and Gross Investment by Level of Government and Type: 2000 to 2010[In billions of dollars (1,731.0 represents $1,731,000,000,000). Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. For explanation of national income and chained dollars, see text, Section 13]
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
442 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 677. Personal Consumption Expenditures by Function: 2000 to 2009[In billions of dollars (6,830.4 represents $6,830,400,000,000). For definition of “chained” dollars, see text, this section]
NA Not available. 1 Includes other expenditures not shown separately. 2 Consists of shoes and other footwear, and of repairand hire of footwear. 3 Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture. 4 Consists of rent for space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen doors, but excludes rent for appliances and furniture and purchases of fuel and electricity. 5 Includes clocks, lamps, lighting fixtures, and other household decorative items; also includes repair of furniture, furnishings, and floor coverings. 6 Consists of major household appliances, small electric household appliances, and repair of household appliances. 7 Excludes drug preparations and related products dispensed by physicians, hospitals, and other medical services. 8 Consists of offices of physicians, health maintenance organization medical centers, and freestanding ambulatory surgical and emergency centers. 9 Consists of transient hotels, motels, other traveler accommodations, clubs, and housing at schools. 10 Consists ofcosmetics and toiletries, electric appliances for personal care, hairdressing salons, and miscellaneous personal care services. 11 Consists of jewelry, watches, luggage, and similar personal items. 12 Consists of household purchases of goods and services from business, government, and nonprofit institutions providing social services and religious activities. Purchases from nonprofit establishments exclude unrelated sales, secondary sales, and sales to businesses, government, and the rest of the world, but include membership dues and fees.
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
Income, Expenditures, Poverty, and Wealth 443U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 678. Personal Income and Its Disposition: 1990 to 2010[In billions of dollars (4,847 represents $4,847,000,000,000), except as indicated. For definition of personal income and chained dollars, see text, this section]
1 With inventory valuation adjustments and capital consumption adjustment. 2 Consists of nonmortgage interest paid by households.
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
Table 679. Selected Per Capita Income and Product Measures in Current and Chained (2005) Dollars: 1960 to 2010[In dollars. Based on U.S. Census Bureau estimated population including Armed Forces abroad; based on quarterly averages. For explanation of chained dollars, see text, this section]
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=N>.
444 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 680. Personal Income in Current and Constant (2005) Dollars by State: 2000 to 2010[In billions of dollars (8,554.9 represents $8,554,900,000,000). Represents a measure of income received from all sources during the calendar year by residents of each state. Data exclude federal employees overseas and U.S. residents employed by private U.S. firms on temporary foreign assignment. Totals may differ from those in Tables 673, 678, and 679]
1 Constant dollar estimates are computed by the U.S. Census Bureau using the national implicit price deflator for personal consumption expenditures from the Bureau of Economic Analysis. Any regional differences in the rate of inflation are not reflected in these constant dollar estimates.
Source: Except as noted, U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011, and unpublished data. See also <http://www.bea.gov/regional/spi>.
Income, Expenditures, Poverty, and Wealth 445U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 681. Personal Income Per Capita in Current and Constant (2005) Dollars by State: 1980 to 2010[In dollars, except as indicated. 2010 preliminary. See headnote, Table 680]
State
Current dollars Constant (2005) dollars 1
1980 1990 20002010,
prel. 1980 1990 20002010,
prel
Income rank
2000 2010
United States . . . . . . . 10,091 19,354 30,318 40,584 21,635 26,826 33,770 36,524 (X) (X)
X Not applicable. 1 Constant dollar estimates are computed by the U.S. Census Bureau using the national implicit price deflator for personal consumption expenditures from the Bureau of Economic Analysis. Any regional differences in the rate of inflation are not reflected in these constant dollar estimates.
Source: Except as noted, U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011, and unpublished data. See also <http://www.bea.gov/bea/regional/spi>.
446 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 682. Disposable Personal Income Per Capita in Current and Constant (2005) Dollars by State: 1980 to 2010[In dollars, except percent. 2010 preliminary. Disposable personal income is the income available to persons for spending or saving; it is calculated as personal income less personal tax and nontax payments. See headnote, Table 680]
1 Constant dollar estimates are computed by the Census Bureau using the national implicit price deflator for personalconsumption expenditures from the Bureau of Economic Analysis. Any regional differences in the rate of inflation are not reflected in these constant dollar estimates.
Source: Except as noted, U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011, earlier reports and unpublished data. See also <http://www.bea.gov/regional/spi>.
Income, Expenditures, Poverty, and Wealth 447U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 683. Personal Income by Selected Large Metropolitan Area: 2005 to 2009[10,476,669 represents $10,476,669,000,000. Metropolitan areas as defined December 2009. MSA = Metropolitan Statistical Area. See Appendix II. Minus sign (–) indicates decrease]
Source: U.S. Bureau of Economic Analysis, Survey of Current Business, April 2011. See also <http://www.bea.gov/regional/reis>.
448 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 684. Average Annual Expenditures of All Consumer Units by Selected Major Types of Expenditure: 1990 to 2009[In dollars, except as indicated (96,968 represents $96,968,000). Based on Consumer Expenditure Survey. Data are averages for the noninstitutional population. Expenditures reported here are out-of-pocket. Consumer units include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses]
Type of expenditure 1990 1995 2000 2005 2006 2007 2008 2009
Number of consumer units (1,000) . . . . . . 96,968 103,123 109,367 117,356 118,843 120,171 120,770 120,847
1 Includes expenditures not shown separately.Source: U.S. Bureau of Labor Statistics, Consumer Expenditures in 2009, News Release, USDL-10-1390, October 2010 .
See also <http://stats.bls.gov/cex/home.htm>.
Table 685. Average Annual Expenditures of All Consumer Units by Metropolitan Area: 2008 to 2009[In dollars. Covers 2-year period, 2008–2009. Metropolitan areas defined June 30, 1983: CMSA = Consolidated Metropolitan Statistical Area; MSA = Metropolitan Statistical Area; PMSA = Primary Metropolitan Statistical Area. See text, Section 1 and Appendix II. See headnote, Table 684]
1 Includes expenditures not shown separately. 2 Includes public services.Source: U.S. Bureau of Labor Statistics, Consumer Expenditures in 2009, News Release, USDL-10-1390, October 2010.
See also <http://stats.bls.gov/cex/home.htm>.
Income, Expenditures, Poverty, and Wealth 449U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 686. Average Annual Expenditures of All Consumer Units by Race, Hispanic Origin, and Age of Householder: 2009[In dollars. See headnote, Table 684]
1 Includes other races not shown separately. 2 People of Hispanic origin may be any race. 3 Includes other types, not shown separately. 4 Data are likely to have large sampling errors. 5 For additional health care expenditures, see Table 143. 6 For additional recreation expenditures, see Section 26.
Source: U.S. Bureau of Labor Statistics, Consumer Expenditures in 2009, News Release, USDL-10-1390, October 2010.See also <ftp://ftp.bls.gov/pub/special.requests/ce/standard/2009/race.txt>, <ftp://ftp.bls.gov/pub/special.requests /ce/standard/2009/hispanic.txt>, and <ftp://ftp.bls.gov/pub/special.requests/ce/standard/2009/age.txt>.
450 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 687. Average Annual Expenditures of All Consumer Units by Region and Size of Unit: 2009[In dollars. For composition of regions, see map, inside front cover. See headnote, Table 684]
1 Includes other types not shown separately. 2 For additional health care expenditures, see Table 143. 3 For additionalrecreation expenditures, see Section 26.
Source: U.S. Bureau of Labor Statistics, Consumer Expenditures in 2009, News Release, USDL-10-1390, October 2010 .See also <ftp://ftp.bls.gov/pub/special.requests/ce/standard/2009/region.txt> and <ftp://ftp.bls.gov/pub/special.requests/ce /standard/2009/cusize.txt> .
Income, Expenditures, Poverty, and Wealth 451U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 688. Average Annual Expenditures of All Consumer Units by Income Level: 2009[In dollars. See headnote, Table 684]
1 Includes expenditures not shown separately. 2 Includes public service.Source: U.S. Bureau of Labor Statistics, Consumer Expenditures in 2009, News Release, USDL-10-1390, October 2010.
See also <ftp://ftp.bls.gov/pub/special.requests/ce/standard/2009/higherincome.txt>.
Table 689. Annual Expenditure Per Child by Husband-Wife Families by Family Income and Expenditure Type: 2010[In dollars. Data are for a child in a two-child family. Excludes expenses for college. Expenditures based on before tax income data from the 2005–2006 Consumer Expenditure Survey updated to 2010 dollars using the Consumer Price Index. For more on the methodology, see report cited below]
Family income and age of child
Total
Expenditure type
Housing Food Transpor-
tation Clothing Health
care
Child care and
educa-tion 1
Miscella-neous 2
INCOME: LESS THAN $57,600Less than 2 years old . . . . . . . . . . . . . 8,760 2,950 1,120 1,070 630 610 1,960 420 3 to 5 years old . . . . . . . . . . . . . . . . . . 8,810 2,950 1,220 1,120 490 580 1,840 610 6 to 8 years old . . . . . . . . . . . . . . . . . . 8,480 2,950 1,650 1,230 560 640 820 630 9 to 11 years old . . . . . . . . . . . . . . . . . 9,200 2,950 1,900 1,230 570 690 1,240 620 12 to 14 years old . . . . . . . . . . . . . . . . 9,600 2,950 2,060 1,340 670 1,050 840 690 15 to 17 years old . . . . . . . . . . . . . . . . 9,630 2,950 2,050 1,490 710 980 870 580
INCOME: $57,600 TO $99,730Less than 2 years old . . . . . . . . . . . . . 11,950 3,870 1,350 1,540 740 820 2,740 890 3 to 5 years old . . . . . . . . . . . . . . . . . . 11,980 3,870 1,440 1,590 600 780 2,620 1,080 6 to 8 years old . . . . . . . . . . . . . . . . . . 11,880 3,870 2,020 1,700 670 910 1,610 1,100 9 to 11 years old . . . . . . . . . . . . . . . . . 12,660 3,870 2,310 1,700 690 970 2,030 1,090 12 to 14 years old . . . . . . . . . . . . . . . . 13,340 3,870 2,480 1,810 820 1,370 1,830 1,160 15 to 17 years old . . . . . . . . . . . . . . . . 13,830 3,870 2,470 1,960 880 1,290 2,310 1,050
INCOME: MORE THAN $99,730Less than 2 years old . . . . . . . . . . . . . 19,820 7,010 1,830 2,330 1,030 950 4,890 1,780 3 to 5 years old . . . . . . . . . . . . . . . . . . 19,810 7,010 1,930 2,370 860 900 4,770 1,970 6 to 8 years old . . . . . . . . . . . . . . . . . . 19,770 7,010 2,540 2,490 950 1,040 3,750 1,990 9 to 11 years old . . . . . . . . . . . . . . . . . 20,630 7,010 2,880 2,490 990 1,110 4,170 1,980 12 to 14 years old . . . . . . . . . . . . . . . . 21,960 7,010 3,070 2,600 1,150 1,570 4,510 2,050 15 to 17 years old . . . . . . . . . . . . . . . . 23,690 7,010 3,060 2,750 1,250 1,480 6,200 1,940
1 Includes only families with child care and education expenses. 2 Expenses include personal care items, entertainment, and reading materials.
Source: U.S. Department of Agriculture, Center for Nutrition Policy and Promotion, Expenditures on Children by Families, 2010, 1528-2010, May 2011. See also <http://www.cnpp.usda.gov/Publications/CRC/crc2010.pdf>.
452 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 690. Money Income of Households—Percent Distribution by Income Level, Race, and Hispanic Origin, in Constant (2009) Dollars: 1990 to 2009[Constant dollars based on CPI-U-RS deflator. Households as of March of following year. (94,312 represents 94,312,000). Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/histinc/hstchg.html>. For definition of median, see Guide to Tabular Presentation]
1 Includes other races not shown separately. 2 Data reflect implementation of Census 2000-based population controls and a 28,000 household sample expansion to 78,000 households. 3 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used. 4 Beginning with the 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2002 and later, data represent persons who selected this race group only and exclude persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1. 5 Data represent White alone, which refers to people who reported White and did not report any other race category. 6 Data represent Black alone, which refers to people who reported Black and did not report any other race category. 7 Data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 8 People of Hispanic origin may be any race.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table H17, September 2010. See also <http://www.census.gov/hhes/www/income/income.html> and <http://www.census.gov/hhes/www/income/data/historical/household/index.html>.
Table 691. Money Income of Households—Median Income by Race and Hispanic Origin, in Current and Constant (2009) Dollars: 1980 to 2009[In dollars. See headnote, Table 690]
Year
Median income in current dollars Median income in constant (2009) dollars
NA Not available. 1 Includes other races, not shown separately. 2 Beginning with 2002, data represents White alone, which refers to people who reported White and did not report any other race category. 3 Beginning with 2002, data represents Black alone, which refers to people who reported Black and did not report any other race category. 4 Beginning with 2002, data representsAsian alone, which refers to people who reported Asian and did not report any other race category. 5 People of Hispanic originmay be any race. 6 Data reflect full implementation of the 1990 census-based sample design and metropolitan definitions, 7,000household sample reduction, and revised race edits. 7 Implementation of Census 2000-based population controls. 8 Implementation of a 28,000 household sample expansion. 9 See footnote 3, Table 690. See also comments on race in the text for Section 1.10 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000.”
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and “Historical Tables—Table H-5,” September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/household/index.html>.
Income, Expenditures, Poverty, and Wealth 453U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 692. Money Income of Households—Distribution by Income Level and Selected Characteristics: 2009[117,538 represents 117,538,000. Households as of March of the following year. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. For definition of median, see Guide to Tabular Presentation. Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used]
1 For composition of regions, see map, inside front cover. 2 People 25 years old and over.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table HINC-01, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/hhinc/new01_000.htm>.
454 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 693. Money Income of Households—Number and Distribution by Race and Hispanic Origin: 2009[Households as of March of the following year. (117,538 represents 117,538,000). Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. The 2009 CPS allowed respondents to choose more than one race. Data represent persons who selected this race group only and excludes persons reporting more than one race. See also comments on race in the text for Section 1]
Income intervalNumber of households (1,000) Percent distribution
1 Persons of Hispanic origin may be any race.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table HINC-06, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/hhinc/new06_000.htm>.
Table 694. Share of Aggregate Income Received by Each Fifth and Top 5 Percent of Households: 1970 to 2009[Households as of March of the following year, (64,778 represents 64,778,000). Income in constant 2009 CPI-U-RS-adjusted dollars. The shares method ranks households from highest to lowest on the basis of income and then divides them into groups of equal population size, typically quintiles. The aggregate income of each group is then divided by the overall aggregate income to derive shares. Based on the Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data /historical/history.html>]
Year
Number of
house-holds
(1,000)
Income at selected positions in constant (2009) dollars Percent distribution of aggregate income
1 Data reflect full implementation of the 1990 census-based sample design and metropolitan definitions, 7,000 household sample reduction, and revised race edits. 2 Implementation of Census 2000-based population controls. 3 Implementation of a 28,000 household sample expansion. 4 Data have been revised to reflect a correction to the weights in the 2005 ASEC.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Tables H1 and H2, September 2010. See also <http://www.census.gov/hhes/www /income/income.html> and <http://www.census.gov/hhes/www/income/data/historical/household/index.html>.
Income, Expenditures, Poverty, and Wealth 455U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 695. Money Income of Families—Number and Distribution by Race and Hispanic Origin: 2009[Families as of March of the following year. (78,867 represents 78,867,000). Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III. The 2010 CPS allowed respondents to choose more than one race. Data represent persons who selected this race group only and excludes persons reporting more than one race. See also comments on race in the text for Section 1]
Income intervalNumber of families (1,000) Percent distribution
1 Persons of Hispanic origin may be any race.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table FINC-07, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/faminc/new07_000.htm>.
Table 696. Money Income of Families—Percent Distribution by Income Level in Constant (2009) Dollars: 1980 to 2009[Constant dollars based on CPI-U-RS deflator. Families as of March of following year, (66,322 represents 66,322,000). Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history.html>. For definition of median, see Guide to Tabular Presentation]
1 Includes other races not shown separately. 2 Data reflect implementation of Census 2000-based population controls and a 28,000 household sample expansion to 78,000 households. 3 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used. 4 Beginning with the 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2002 and later, data represent persons who selected this race group only and excludes persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1. 5 Data represent White alone, which refers to people who reported White and did not report any other race category. 6 Data represent Black alone, which refers to people who reported Black and did not report any other race category. 7 Data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 8 People of Hispanic origin may be any race.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table F-23, September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/families/index.html>.
456 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 697. Money Income of Families—Median Income by Race and Hispanic Origin in Current and Constant (2009) Dollars: 1990 to 2009[In dollars. See headnote, Table 696]
Year
Median income in current dollars Median income in constant (2009) dollars
1 Includes other races not shown separately. 2 Beginning with 2002, data represent White alone, which refers to people who reported White and did not report any other race category. 3 Beginning with 2002, data represent Black alone, which refers to people who reported Black and did not report any other race category. 4 Beginning with 2002, data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 5 People of Hispanic origin may be any race.6 Data reflect full implementation of the 1990 census-based sample design and metropolitan definitions, 7,000 household sample reduction, and revised race edits. 7 Implementation of Census 2000-based population controls. 8 Implementation of 28,000household sample expansion. 9 See footnote 4, Table 696. See also comments on race in the text for Section 1. 10 Data have been revised to reflect a correction to the weights in the 2005 ASEC. 11 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table F-05, September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/families/index.html>.
Table 698. Money Income of Families—Distribution by Family Characteristics and Income Level: 2009[78,867 represents 78,867,000. See headnote, Table 696. Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used. For composition of regions, see map inside front cover]
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Detailed Tables—Table FINC-01, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/faminc/new01_000.htm>.
Income, Expenditures, Poverty, and Wealth 457U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 699. Median Income of Families by Type of Family in Current and Constant (2009) Dollars: 1990 to 2009[In dollars. See headnote, Table 696. For definition of median, see Guide to Tabular Presentation]
1 Data reflect full implementation of the 1990 census-based sample design and metropolitan definitions, 7,000 household sample reduction, and revised race edits. 2 Implementation of Census 2000-based population controls. 3 Implementation of a 28,000 household sample expansion. 4 Data have been revised to reflect a correction to the weights in the 2005 ASEC. 5 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Before 2009, the upper open-ended interval was $100,000.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table F-7, September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/families/index.html>.
Table 700. Married-Couple Families—Number and Median Income by Work Experience of Husbands and Wives and Presence of Related Children: 2009[58,428 represents 58,428,000. See headnote, Table 696. For definition of median, see Guide to Tabular Presentation]
Work experience of husband or wife
Number (1,000) Median income (dollars)
All married-
couple families
With no related
children
One or more related chil-dren under 18 years old All
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Detailed Tables—Table FINC-04, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/faminc/new04_000.htm>.
Table 701. Median Income of People in Constant (2009) Dollars by Sex, Race, and Hispanic Origin: 1990 to 2009[In dollars. People as of March of following year. People 15 years old and over. Constant dollars based on CPI-U-RS deflator. Based on the Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1 and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history.html>]
NA Not available. 1 Implementation of Census 2000-based population controls and sample expanded by 28,000 households.2 Beginning with the 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2005 and later, data represent persons who selected this race group only and excludes persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1. 3 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Before 2009, the upper open-ended interval was $100,000. 4 Includes other races not shown separately. 5 Beginning with 2005, data represent White alone, which refers to people who reported White and did not report any other race category. 6 Beginning with 2005, data represent Black alone, which refers to people who reported Black and did not report any other race category. 7 Beginning with 2005, data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 8 People of Hispanic origin may be any race.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table P-2, September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/people/index.html>.
458 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 702. Money Income of People—Selected Characteristics by Income Level: 2009[People as of March 2010 (117,728 represents 117,728,000). Covers people 15 years old and over. Median income in constant dollars based on CPI-U-RS deflator. For definition of median, see Guide to Tabular Presentation. Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Medians falling in the upper open-ended interval are plugged with “$250,000.” Before 2009, the upper open-ended interval was $100,000 and a plug of “$100,000” was used. For composition of regions, see map, inside front cover. Based on the Current Population Survey, Annual Social and Economic Supplement (ASEC), see Appendix III]
1 Includes persons with income deficit. 2 Persons 25 years and over. 3 No diploma attained. 4 Includes high school equivalency.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table PINC-01, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/perinc/new01_000.htm>
Income, Expenditures, Poverty, and Wealth 459U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 703. Average Earnings of Year-Round, Full-Time Workers by Educational Attainment: 2009[In dollars. For people 18 years old and over as of March 2010. See headnote, Table 701]
Sex and ageAll
workersLess than 9th grade
High school College
9th to 12th grade (no diploma)
High school graduate 1
Some college,
no degreeAssociate
degree
Bachelor’s degree
or more Male, total . . . . . . . . . . 62,445 26,604 33,194 43,140 52,580 55,631 92,81518 to 24 years old . . . . . . 29,599 20,041 19,556 27,822 29,564 33,915 42,29925 to 34 years old . . . . . . 49,105 25,067 27,074 38,037 44,020 48,313 67,55535 to 44 years old . . . . . . 66,788 26,685 39,949 43,518 55,686 58,689 98,04545 to 54 years old . . . . . . 71,661 28,067 36,239 48,224 61,072 62,000 109,16355 to 64 years old . . . . . . 71,222 29,648 36,837 47,164 60,230 58,176 99,57265 years old and over . . . 67,007 27,375 35,278 55,241 58,899 45,783 88,853 Female, total . . . . . . . . 44,857 19,588 23,478 32,227 36,553 42,307 62,19818 to 24 years old . . . . . . 24,117 (B) 16,921 22,620 21,127 26,922 32,10325 to 34 years old . . . . . . 40,475 18,278 21,996 27,993 32,229 36,202 52,10235 to 44 years old . . . . . . 47,260 19,963 24,218 32,947 38,057 42,092 65,88145 to 54 years old . . . . . . 48,929 19,591 23,987 34,145 42,068 47,716 69,69855 to 64 years old . . . . . . 48,232 20,469 26,729 34,900 41,707 45,938 67,683
B Base figure too small to meet statistical standards for reliability of derived figure. 1 Includes equivalency.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, series P60-238, and Detailed Tables—Table PINC-04, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/perinc/new04_000.htm>.
Table 704. Per Capita Money Income in Current and Constant (2009) Dollars by Race and Hispanic Origin: 1990 to 2009[In dollars. Constant dollars based on CPI-U-RS deflator. People as of March of following year. Based on the Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history.html>]
NA Not available. 1 Includes other races, not shown separately. 2 Beginning with 2003, data represents White alone, which refers to people who reported White and did not report any other race category. 3 Beginning with 2003, data represents Black alone, which refers to people who reported Black and did not report any other race category. 4 Beginning with 2003, datarepresents Asian alone, which refers to people who reported Asian and did not report any other race category. 5 People ofHispanic origin may be any race. 6 Data reflect full implementation of the 1990 census-based sample design and metropolitan definitions, 7,000 household sample reduction, and revised race edits. 7 Implementation of Census 2000-based population controls. 8 Implementation of a 28,000 household sample expansion. 9 See footnote 4, Table 696. See also comments on race in the text for Section 1. 10 Data have been revised to reflect a correction to the weights in the 2005 ASEC. 11 Median income is calculated using $2,500 income intervals. Beginning with 2009 income data, the Census Bureau expanded the upper income intervals used to calculate medians to $250,000 or more. Before 2009, the upper open-ended interval was $100,000.
Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table P-1, September 2010. See also <http://www.census.gov/hhes/www/income /income.html> and <http://www.census.gov/hhes/www/income/data/historical/people/index.html>.
Table 705. Money Income of People—Number by Income Level and by Sex, Race, and Hispanic Origin: 2009[In thousands (117,728 represents 117,728,000). People as of March of the following year. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III]
1 Includes races not shown separately. 2 Persons of Hispanic origin may be of any race. 3 Includes persons without income.Source: U.S. Census Bureau, Income, Poverty and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table PINC-11, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/perinc/new11_000.htm>.
460 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 706. Household Income—Distribution by Income Level and State: 2009[In thousands (113,616 represents 113,616,000), except as indicated. The American Community Survey universe includes the household population and the population living in institutions, college dormitories, and other group quarters. Based on a sample and subject to sampling variability; see text, Section 1 and Appendix III. For definition of median, see Guide to Tabular Presentation]
State
Number of households (1,000)
Median income
(dollars)TotalUnder
$25,000
$25,000 to
$49,999
$50,000 to
$74,999
$75,000 to
$99,999
$100,000 to
$149,999
$150,000 to
$199,999
$200,000 or
more
United States . . . . . . . 113,616 28,066 28,510 20,841 13,687 13,332 4,712 4,468 50,221
Source: U.S. Census Bureau, 2009 American Community Survey, B19001, “Household Income in the Past 12 Months” and B19013, “Median Household Income in the Past 12 Months (In 2009 Inflation-Adjusted Dollars),” <http://factfinder.census.gov/>, accessed January 2011.
Income, Expenditures, Poverty, and Wealth 461U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 707. Family Income—Distribution by Income Level and State: 2009[In thousands (75,531 represents 75,531,000), except as indicated. The American Community Survey universe includes the household population and the population living in institutions, college dormitories, and other group quarters. Based on a sample and subject to sampling variability; see text, Section 1 and Appendix III. For definition of median, see Guide to Tabular Presentation]
State
Total
Number of families (1,000)
Median income
(dollars)
Less than
$25,000
$25,000 to
$49,000
$50,000 to
$74,999
$75,000 to
$99,999
$100,000 to
$149,999
$150,000 to
$199,999
$200,000 and over
United States . . . . . . . . . 75,531 12,922 17,708 14,988 10,852 11,161 4,041 3,859 61,082
Source: U.S. Census Bureau, 2009 American Community Survey, B19101, “Family Income in the Past 12 Months” and B19113, “Median Family Income in the Past 12 Months (In 2009 Inflation-Adjusted Dollars),” <http://factfinder.census.gov/>, accessed January 2011.
462 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 708. Household, Family, and Per Capita Income and Individuals, and Families Below Poverty Level by City: 2009[The American Community Survey universe includes the household population and the population living in institutions, college dormitories, and other group quarters. Based on a sample and subject to sampling variability; see text, Section 1 and Appendix III. For definition of median, see Guide to Tabular Presentation]
1 See headnote, Table 709. 2 Data shown for census designated place (CDP). 3 Represents the portion of a consolidated city that is not within one or more separately incorporated places.
Source: U.S. Census Bureau, 2009 American Community Survey, B19013, B19113, B19301, B17001, and B17010, <http://factfinder.census.gov/>, accessed January 2011.
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Table 709. Individuals and Families Below Poverty Level—Number and Rate by State: 2000 and 2009[In thousands (33,311 represents 33,311,000), except as indicated. Represents number and percent below poverty in the past 12 months. Prior to 2006, the American Community Survey universe was limited to the household population and excluded the population living in institutions, college dormitories, and other group quarters. Poverty status was determined for all people except institutionalized people, people in military group quarters, people in college dormitories, and unrelated individuals under 15 years old. These groups were excluded from the numerator and denominator when calculating poverty rates. Based on a sample and subject to sampling variability; see Appendix III]
State
Number below poverty (1,000) Percent below poverty
Source: U.S. Census Bureau, 2009 American Community Survey, B17001, “Poverty Status in the Past 12 Months by Sex and Age” and B17010, “Poverty Status in the Past 12 Months of Families by Family Type by Presence of Related Children under 18 Years by Age of Related Children,” <http://factfinder.census.gov/>, accessed January 2011.
464 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 710. Poverty Thresholds by Size of Family Unit: 1980 to 2009[In dollars per year. For information on the official poverty thresholds; see text, this section. For more on poverty, see <http://www.census.gov/hhes/www/poverty/about/overview/measure.html>]
Size of family unit 1980 1990 1995 2000 1 2005 2006 2007 2008 2009
1 Implementation of Census 2000-based population controls and sample expanded by 28,000 households. 2 A person living alone or with non-relatives.
Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-236, and Historical Tables—Table 1, September 2010. See also <http://www.census.gov/hhes/www/poverty/poverty .html> and <http://www.census.gov/hhes/www/poverty/data/historical/people.html>.
Table 711. People Below Poverty Level and Below 125 Percent of Poverty Level by Race and Hispanic Origin: 1980 to 2009[29,272 represents 29,272,000. People as of March of the following year. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history.html>]
Year
Number of persons below poverty (1,000) Percent of persons below poverty
NA Not available. 1 Includes those in poverty, plus those who have income above poverty but less than 1.25 times theirpoverty threshold. 2 Includes other races, not shown separately. 3 Beginning 2002, data represent White alone, which refers to people who reported White and did not report any other race category. 4 Beginning 2002, data represent Black alone, which refers to people who reported Black and did not report any other race category. 5 Beginning 2002, data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 6 People of Hispanic origin may be any race.7 Implementation of 1990 census population controls. 8 The March 1994 income supplement was revised to allow for the codingof different income amounts on selected questionnaire items. Limits either increased or decreased in the following categories: earnings increased to $999,999; social security increased to $49,999; supplemental security income and public assistance increased to $24,999; veterans’ benefits increased to $99,999; child support and alimony decreased to $49,999. 9 Implementation of Census-2000-based population controls. 10 Implementation of sample expansion by 28,000 households. 11 Beginning withthe 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2002 and later, data represent persons who selected this race group only and exclude persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1.12 Data have been revised to reflect a correction to the weights in the 2005 ASEC.
Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population Reports, series P60-238, and Historical Tables—Tables 2 and 6, September 2010. See also <http://www.census.gov/hhes /www/poverty/poverty.html> and <http://www.census.gov/hhes/www/poverty/data/historical/people.html>.
Income, Expenditures, Poverty, and Wealth 465U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 712. Children Below Poverty Level by Race and Hispanic Origin: 1980 to 2009[11,114 represents 11,114,000. Persons as of March of the following year. Covers only related children in families under 18 years old. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history .html>]
Year
Number of children below poverty level (1,000) Percent of children below poverty level
NA Not available. 1 Includes other races, not shown separately. 2 Beginning 2002, data represent White alone, which refers to people who reported White and did not report any other race category. 3 Beginning 2002, data represent Black alone, which refers to people who reported Black and did not report any other race category. 4 Beginning 2002, data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 5 People of Hispanic origin may be of any race.6 Implementation of 1990 census population controls. 7 The March 1994 income supplement was revised to allow for the codingof different income amounts on selected questionnaire items. Limits either increased or decreased in the following categories: earnings increased to $999,999; social security increased to $49,999; supplemental security income and public assistance increased to $24,999; veterans’ benefits increased to $99,999; child support and alimony decreased to $49,999. 8 Implementation of Census 2000-based population controls. 9 Implementation of sample expansion to 28,000 households. 10 Beginning with the 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2002 and later, data represent persons who selected this race group only and excludes persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1. 11 Data have been revised to reflect a correction to the weights in the 2005 Annual Social and Economic Supplement (ASEC).
Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical Tables—Table 3, September 2010. See also <http://www.census.gov/hhes/www/poverty/poverty .html> and <http://www.census.gov/hhes/www/poverty/data/historical/people.html>.
Table 713. People Below Poverty Level by Selected Characteristics: 2009[43,569 represents 43,569,000. People as of March 2010. Based on Current Population Survey (CPS); see text, this section and Section 1, and Appendix III. The 2010 CPS allowed respondents to choose more than one race. For 2009, data represent persons who selected this race group only and exclude persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1. For composition of regions, see map, inside front cover]
1 Includes other races, not shown separately. 2 Persons of Hispanic origin may be any race.Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Tables POV01, POV29, and POV41. See also <http://www.census.gov/hhes/www /cpstables/032010/pov/toc.htm>.
466 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 714. Work Experience of People During 2009 by Poverty Status, Sex, and Age: 2009[99,306 represents 99,306,000. Covers only persons 16 years old and over. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section, Section 1, and Appendix III]
Sex and age
Worked full-time year-round Did not work full-time year-round Did not work
Number (1,000)
Below poverty level
Number (1,000)
Below poverty level
Number (1,000)
Below poverty level
Number (1,000) Percent
Number (1,000) Percent
Number (1,000) Percent
BOTH SEXES Total . . . . . . . . . . . . . . . . 99,306 2,641 2 .7 55,466 8,039 14 .5 83,323 18,944 22 .716 to 17 years old . . . . . . . 74 2 (B) 1,863 130 7.0 6,918 1,376 19.918 to 64 years old . . . . . . . 95,808 2,602 2.7 49,376 7,792 15.8 45,443 14,291 31.4 18 to 24 years old . . . . . . 6,372 360 5.7 12,624 2,354 18.6 10,317 3,357 32.5 25 to 34 years old . . . . . . 22,299 823 3.7 11,218 2,304 20.5 7,569 2,996 39.6 35 to 54 years old . . . . . . 50,607 1,179 2.3 18,300 2,541 13.9 15,928 5,458 34.3 55 to 64 years old . . . . . . 16,531 239 1.4 7,234 593 8.2 11,629 2,480 21.365 years old and over . . . . 3,424 38 1.1 4,228 117 2.8 30,962 3,278 10.6
MALE Total . . . . . . . . . . . . . . . . 56,058 1,435 2 .6 25,777 3,653 14 .2 33,817 7,323 21 .716 to 17 years old . . . . . . . 46 2 (B) 950 61 6.4 3,495 643 18.418 to 64 years old . . . . . . . 53,943 1,403 2.6 22,710 3,541 15.6 17,716 5,657 31.9 18 to 24 years old . . . . . . 3,561 181 5.1 6,266 969 15.5 5,010 1,428 28.5 25 to 34 years old . . . . . . 12,628 422 3.3 5,515 1,097 19.9 2,546 1,015 39.9 35 to 54 years old . . . . . . 28,638 656 2.3 7,780 1,218 15.7 5,440 2,140 39.3 55 to 64 years old . . . . . . 9,116 143 1.6 3,149 257 8.2 4,720 1,075 22.865 years old and over . . . . 2,069 30 1.5 2,118 52 2.4 12,606 1,023 8.1
FEMALE Total . . . . . . . . . . . . . . . . 43,248 1,207 2 .8 29,689 4,386 14 .8 49,505 11,622 23 .516 to 17 years old . . . . . . . 28 – (B) 913 69 7.5 3,423 733 21.418 to 64 years old . . . . . . . 41,865 1,199 2.9 26,666 4,251 15.9 27,727 8,634 31.1 18 to 24 years old . . . . . . 2,811 179 6.4 6,359 1,385 21.8 5,306 1,929 36.4 25 to 34 years old . . . . . . 9,670 401 4.1 5,703 1,207 21.2 5,023 1,982 39.5 35 to 54 years old . . . . . . 21,968 523 2.4 10,520 1,322 12.6 10,488 3,318 31.6 55 to 64 years old . . . . . . 7,416 96 1.3 4,085 336 8.2 6,909 1,405 20.365 years old and over . . . . 1,355 8 0.6 2,110 66 3.1 18,356 2,255 12.3
– Represents zero. B Base figure too small to meet statistical standards for reliability of a derived figure.Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Table POV22, September 2010. See also <http://www.census.gov/hhes/www /cpstables/032010/pov/new22_100.htm>.
Table 715. Families Below Poverty Level and Below 125 Percent of Poverty by Race and Hispanic Origin: 1980 to 2009[6,217 represents 6,217,000. Families as of March of the following year. Based on Current Population Survey, Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. For data collection changes over time, see <http://www.census.gov/hhes/www/income/data/historical/history.html>]
Year
Number of families below poverty (1,000) Percent of persons below poverty Below 125 percent 1 of poverty level
NA Not available. 1 See footnote 1, Table 711. 2 Includes other races, not shown separately. 3 Beginning 2002, data represent White alone, which refers to people who reported White and did not report any other race category. 4 Beginning 2002, data represent Black alone, which refers to people who reported Black and did not report any other race category. 5 Beginning 2002, data represent Asian alone, which refers to people who reported Asian and did not report any other race category. 6 People of Hispanic origin may be any race. 7 Implementation of a 28,000 household sample expansion. 8 Beginning with the 2003 Current Population Survey (CPS), the questionnaire allowed respondents to choose more than one race. For 2002 and later, data represent persons who selected this race group only and excludes persons reporting more than one race. The CPS in prior years allowed respondents to report only one race group. See also comments on race in the text for Section 1, Population. 9 Data have been revised to reflect a correction to the weights in the 2005 Annual Social and Economic Supplement (ASEC).
Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population Reports, P60-238, and Historical and Detailed Tables—Tables 4 and POV04, September 2010. See also <http://www.census.gov /hhes/www/poverty/poverty.html> and <http://www.census.gov/hhes/www/poverty/data/historical/families.html>.
Income, Expenditures, Poverty, and Wealth 467U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 717. Top Wealth Holders With Gross Assets of $1.5 Million or More—Debts, Mortgages, and Net Worth: 2004[2,728 represents 2,728,000. Net worth is defined as assets minus liabilities. Figures are estimates based on a sample of federal estate tax returns (Form 706). Based on the estate multiplier technique; for more information on this methodology, see source]
Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . 531 736,039 468 231,035 531 480,113$1.5 million under $2.0 million . . . . . . . . . 746 1,386,077 544 98,187 746 1,287,890$2.0 million under $3.5 million . . . . . . . . . 846 2,316,701 614 147,370 846 2,169,331$3.5 million under $5.0 million . . . . . . . . . 247 1,082,889 192 58,950 247 1,023,939$5.0 million under $10.0 million . . . . . . . . 231 1,668,002 176 104,811 231 1,563,191$10.0 million under $20.0 million . . . . . . . 79 1,155,326 64 69,849 79 1,085,477$20.0 million or more . . . . . . . . . . . . . . . . 47 2,731,726 40 140,421 47 2,591,305
Males, total . . . . . . . . . . . . . . . . . . . . . 1,555 6,471,540 1,208 583,805 1,555 5,862,844Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . 389 528,017 339 184,673 389 318,454$1.5 million under $2.0 million . . . . . . . . . 359 675,321 258 54,149 359 621,172$2.0 million under $3.5 million . . . . . . . . . 465 1,289,522 346 96,654 465 1,192,868$3.5 million under $5.0 million . . . . . . . . . 131 578,304 102 37,496 131 540,808$5.0 million under $10.0 million . . . . . . . . 135 989,077 100 74,003 135 915,074$10.0 million under $20.0 million . . . . . . . 47 679,613 38 41,466 47 638,146$20.0 million or more . . . . . . . . . . . . . . . . 30 1,731,686 25 95,364 30 1,636,322
Females, total . . . . . . . . . . . . . . . . . . . 1,173 4,605,219 891 266,817 1,173 4,338,402Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . 143 208,021 129 46,362 143 161,659$1.5 million under $2.0 million . . . . . . . . . 387 710,757 286 44,038 387 666,719$2.0 million under $3.5 million . . . . . . . . . 380 1,027,179 268 50,716 380 976,463$3.5 million under $5.0 million . . . . . . . . . 116 504,585 89 21,454 116 483,131$5.0 million under $10.0 million . . . . . . . . 96 678,924 77 30,808 96 648,116$10.0 million under $20.0 million . . . . . . . 33 475,713 27 28,382 33 447,331$20.0 million or more . . . . . . . . . . . . . . . . 18 1,000,040 15 45,057 18 954,983
1 Includes other types of assets, not shown separately. 2 Includes individuals with zero net worth.Source: U.S. Internal Revenue Service, Statistics of Income Division, “SOI Data Tables,” July 2008,
Table 716. Families Below Poverty Level by Selected Characteristics: 2009[8,792 represents 8,792,000. Families as of March 2010. Based on Current Population Survey (CPS), Annual Social and Economic Supplement (ASEC); see text, this section and Section 1, and Appendix III. The 2010 CPS allowed respondents to choose more than one race. For 2009, data represent persons who selected this race group only and exclude persons reporting more than one race. See also comments on race in the text for Section 1. For composition of regions, see map, inside front cover]
1 Includes other races, not shown separately. 2 Hispanic persons may be any race. Source: U.S. Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2009, Current Population
Reports, P60-238, and Detailed Tables—Tables POV04 and POV44, September 2010. See also <http://www.census.gov/hhes /www/cpstables/032010/pov/toc.htm>.
468 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 718. Top Wealth Holders With Gross Assets of $1.5 Million or More by Type of Property, Sex, and Size of Net Worth: 2004[2,728 represents 2,728,000. Net worth is defined as assets minus liabilities. Figures are estimates based on a sample of federal estate tax returns (Form 706). Based on the estate multiplier technique; for more information on this methodology, see source]
Sex and net worthNumber of top wealth
holders (1,000)
Assets (mil. dol.)
Total 1Personal
residencesOther
real estate
Closely held
stock
Publicly traded stock
Both sexes, total . . . . . . . . . . . . . . . . 2,728 11,076,759 1,185,941 1,402,029 1,127,194 2,247,269Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . . 531 736,039 176,105 134,674 42,431 63,062$1.5 million under $2.0 million . . . . . . . . . . 746 1,386,077 229,369 206,626 69,066 219,818$2.0 million under $3.5 million . . . . . . . . . . 846 2,316,701 342,206 329,893 141,272 415,249$3.5 million under $5.0 million . . . . . . . . . . 247 1,082,889 127,444 152,634 95,958 209,459$5.0 million under $10.0 million . . . . . . . . . 231 1,668,002 148,543 230,146 165,781 373,575$10.0 million under $20.0 million . . . . . . . . 79 1,155,326 76,472 137,770 136,144 246,824$20.0 million or more . . . . . . . . . . . . . . . . . 47 2,731,726 85,802 210,286 476,542 719,282
Males, total . . . . . . . . . . . . . . . . . . . . . . 1,555 6,471,540 597,971 828,055 833,929 1,140,665Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . . 389 528,017 117,554 96,796 36,177 42,494$1.5 million under $2.0 million . . . . . . . . . . 359 675,321 97,605 105,224 44,376 94,788$2.0 million under $3.5 million . . . . . . . . . . 465 1,289,522 163,984 179,481 102,116 199,844$3.5 million under $5.0 million . . . . . . . . . . 131 578,304 60,123 80,919 63,006 95,417$5.0 million under $10.0 million . . . . . . . . . 135 989,077 68,653 151,731 110,961 200,003$10.0 million under $20.0 million . . . . . . . . 47 679,613 38,710 75,459 97,601 135,157$20.0 million or more . . . . . . . . . . . . . . . . . 30 1,731,686 51,342 138,446 379,692 372,962
Females, total . . . . . . . . . . . . . . . . . . . . 1,173 4,605,219 587,970 573,974 293,264 1,106,604Size of net worth: Under $1.5 million 2 . . . . . . . . . . . . . . . . . 143 208,021 58,550 37,879 6,255 20,568$1.5 million under $2.0 million . . . . . . . . . . 387 710,757 131,764 101,402 24,690 125,030$2.0 million under $3.5 million . . . . . . . . . . 380 1,027,179 178,222 150,412 39,155 215,405$3.5 million under $5.0 million . . . . . . . . . . 116 504,585 67,321 71,714 32,953 114,042$5.0 million under $10.0 million . . . . . . . . . 96 678,924 79,890 78,416 54,820 173,572$10.0 million under $20.0 million . . . . . . . . 33 475,713 37,762 62,312 38,543 111,667$20.0 million or more . . . . . . . . . . . . . . . . . 18 1,000,040 34,461 71,840 96,849 346,320
1 Includes other types of assets, not shown separately. 2 Includes individuals with zero net worth.Source: U.S. Internal Revenue Service, Statistics of Income Division, “SOI Data Tables,” July 2008, <http://www.irs.gov/taxstats
/indtaxstats/article/0,,id=96426,00.html>.
Table 719. Top Wealth Holders With Net Worth of $1.5 Million or More—Number and Net Worth by State: 2004[2,196 represents 2,196,000. Estimates based on a sample of federal estate tax returns (Form 706). Estimates of wealth by state can be subject to significant year-to-year fluctuations and this is especially true for individuals at the extreme tail of the net worth distribution and for states with relatively small decedent populations. Based on the estate multiplier technique; for more information on this methodology, see source]
1 Includes U.S. territories and possessions.Source: U.S. Internal Revenue Service, Statistics of Income Division, “SOI Data Tables,” July 2008, <http://www.irs.gov/taxstats
/indtaxstats/article/0,,id=96426,00.html>.
Income, Expenditures, Poverty, and Wealth 469U.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 720. Nonfinancial Assets Held by Families by Type of Asset: 2007[221.5 represents $221,500. Families include one-person units and, as used in this table, are more comparable to the U.S. Census Bureau’s household concept. Based on Survey of Consumer Finance; see Appendix III and <http://www.federalreserve.gov/pubs /oss/oss2/papers/measurement.pdf>. For definition of median, see Guide to Tabular Presentation. For data on financial assets, see Table 1170]
B Base too small to meet statistical standards for reliability of derived figure. 1 Median value of asset for families holding such assets.
Source: Board of Governors of the Federal Reserve System, “2007 Survey of Consumer Finances,” May 2009, <http://www.federalreserve.gov/pubs/oss/oss2/2007/scf2007home.html>.
Table 721. Family Net Worth—Mean and Median Net Worth in Constant (2007) Dollars by Selected Family Characteristics: 1998 to 2007[Net worth in thousands of constant (2007) dollars (359.7 represents $359,700). Constant dollar figures are based on consumer price index for all urban consumers published by U.S. Bureau of Labor Statistics. Families include one-person units and as used in this table are comparable to the U.S. Census Bureau’s household concept. Based on Survey of Consumer Finance; see Appendix III. For definition of mean and median, see Guide to Tabular Presentation]
Source: Board of Governors of the Federal Reserve System, “2007 Survey of Consumer Finances,” May 2009, <http://www.federalreserve.gov/pubs/oss/oss2/2007/scf2007home.html>.
470 Income, Expenditures, Poverty, and WealthU.S. Census Bureau, Statistical Abstract of the United States: 2012
Table 722. Household and Nonprofit Organization Sector Balance Sheet: 1990 to 2010[In billions of dollars (24,220 represents $24,220,000,000,000). As of December 31. For details of financial assets and liabilities, see Table 1168]
1 Includes types of assets and/or liabilities not shown separately. 2 At market value. 3 Includes all types of owner-occupiedhousing including farm houses and mobile homes, as well as second homes that are not rented, vacant homes for sale, and vacant land. 4 At replacement (current) cost. 5 GSE = Government-sponsored enterprises. 6 Value based on the market values of equities held and the book value of other assets held by mutual funds. 7 Net worth of noncorporate business and owners’ equity in farm business and unincorporated security brokers and dealers. 8 Includes loans made under home equity lines of credit and home equity loans secured by junior liens.
Source: Board of Governors of the Federal Reserve System, "Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States," March 2011, <http://www.federalreserve.gov/releases/z1/Current/>.
Table 723. Net Stock of Fixed Assets and Consumer Durable Goods in Current and Chained (2005) Dollars: 1990 to 2009[In billions of dollars (18,307 represents $18,307,000,000,000). Estimates as of December 31. For explanation of chained dollars, see text, this section]