US Income Statistics for 2001

(numbers are from http://www.census.gov/prod/2001pubs/p60-213.pdf unless otherwise noted)

Average household income by quintile in adjusted 2000 dollars

1967

Quintile

Avg. Income
lowest 20%
$7,142
2nd 20%
$19,473
3rd 20%
$31,091
4th 20%
$52,013
top 20%
$78,831

2000

Quintile

Avg. Income
lowest 20%
$10,188
2nd 20%
$25,331
3rd 20%
$42,359
4th 20%
$65,727
top 20%
$141,621

Upper limit of each quintile (in adjusted 2000 dollars)

1967

Quintile

Upper Limit
lowest 20%
$13,186
2nd 20%
$25,714
3rd 20%
$36,509
4th 20%
$52,047
LOWER limit of top 5%
$83,514

2000

Quintile

Upper Limit
lowest 20%
$17,950
2nd 20%
$33,005
3rd 20%
$52,272
4th 20%
$81,960
LOWER limit of top 5%
$145,526

% share of household income by quintile

1967

Quintile

% of total US income
lowest 20%
4.0%
2nd 20%
10.8%
3rd 20%
17.3%
4th 20%
24.2%
top 20%
43.8%

2000

Quintile

% of total US income
lowest 20%
3.5%
2nd 20%
8.9%
3rd 20%
14.9%
4th 20%
23.0%
top 20%
49.7%

Distribution of household income in the US as a % of the population, 2000

Average Income

% of the population
Under $5000
2.9%
$5000 – $9999
6.1%
$10,000 – $14,999
7.0%
$15,000 – $24,999
13.4%
$25,000 – $34,999
12.5%
$35,000 – $49,999
15.5%
$50,000 – $74,999
18.9%
$75,000 – $99,999
10.4%
$100,000 and up
13.4%

Average (median) household income by ethnicity, 2000

Ethnicity

Avg. Income
White, non-Hispanic
$43,552
Hispanic
$30,831
Black
$27,800
Asian & Pacific Islander
$51,069
Native American
$32,537
ALL RACES
$42,168

2001 Federal Poverty Guidelines for the 48 Contiguous States and the District of Columbia

(from http://www.ocpp.org/poverty/index.htm)

Number in Family 

Gross Yearly Income 

Gross Monthly Income

Approximate Hourly Income
1  $8,590 $716 $4.13
2  $11,610 $968 $5.58
3  $14,630  $1,219 $7.03
4  $17,650  $1471 $8.49
5  $20,670  $1,723  $9.94
6  $23,690  $1,974 $11.39
7   $26,710 $2,226  $12.84
8  $29,730  $2,478  $14.29
Over 8 add for each child  +$3,020  +$252  +$1.45

Average wage rates by profession are listed here

2000 Median Household Income

(Sources:  http://www.whitehouse.gov/fsbr/demography.html and http://www.state.mn.us/intergov/mnstat/)

United States - $42,148
Minnesota - $50,865


According to the U.S. Bureau of the Census, the resident population of the United States, projected to 12/10/2001 at 2:33:25 PM EST is

285,699,886

 One birth every..................................   8 seconds
 One death every..................................  13 seconds
 One international migrant (net) every............  44 seconds
 One Federal U.S. citizen (net) returning every...3202 seconds
 Net gain of one person every.....................  14 seconds