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

Inco come an and P Poverty: ty: 2017 2017 September 2018 URL: http://www.census.gov/newsroom/press- kits/2018/income_poverty.html

Pr Present nter Trudi J. Renwick Assistant Division Chief, Economic Characteristics Social, Economic, and Housing Statistics Division

Highlights ts Median household income was $61,400 in 2017, an • increase in real terms of 1.8 percent from the 2016 median of $60,300. This is the third consecutive annual increase in median household income. The 2017 real median earnings of all male workers • increased 3.0 percent from 2016 to $44,400, while real median earnings for their female counterparts ($31,600) saw no statistically significant change between 2016 and 2017. The number of workers with earnings increased by • 1.7 million between 2016 and 2017. The number of individuals who worked full-time, year-round increased by 2.4 million. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2017 and 2018 Annual Social and Economic Supplements. I&P-1

Real M Median an Ho House sehold Income: e: 1 196 967 t to 2017 17 Income in thousands (2017 dollars) Recession 100 90 80 70 $61,400 60 $46,000 50 40 30 20 10 0 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. I&P-2 Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Real M Median an Ho House sehold Income: e: 1 196 967 t to 2017 17 Income in thousands (2017 dollars) Recession 100 90 80 70 60 50 Red edesi esigned ed Tradit itional al Med edian 40 Med edian 30 20 10 0 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. I&P-2 Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Red edesi signed ed Ho House sehold I Income C Com ompar arison son: 1 199 999 to to 2017 17 Income in thousands (2017 dollars) Recession 70 Adj djusted ed H Househ sehold Med edian $62,000 Red edesi esigned ed $61,400 $61,400 Med edian 60 Tradit itional al Med edian 50 1999 2007 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. I&P-3 Source: U.S. Census Bureau, Current Population Survey, 2000 to 2018 Annual Social and Economic Supplements.

Rea eal Median an Ho House sehold I Income b e by Rac Race and Hi Hispan anic Origin o of Ho House seholder er: 1 196 967 t to 2017 Income in thousands (2017 dollars) Recession 100 90 $81,300 300 80 $66,700 700 Asian 70 $68,100 100 Non-Hispanic W No White 60 $54,200 200 $50,500 50 His ispanic ic ( (an any rac ace) $40,300 40 $40,300 30 $27,800 800 Black 20 10 0 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. I&P-4 Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Real Ho House sehold I Income a at Selec ected ed P Percen entiles es: : 1967 67 to to 2017 Income in thousands (2017 dollars) Recession 250 $237, 7,000 000 200 95th $179, 9,100 100 150 90th $122, 2,300 300 100 $96,800 800 50th ( h (medi dian) $61,400 $46,000 000 50 $10,500 500 10th $14,200 200 0 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. I&P-5 Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic Supplements.

Gini I Inde ndex x of of Mon oney I y Inc ncome: 1 1967 t to o 2017 17 Recession 0.600 0.550 0.500 0.482 Gini Index ex 0.450 0.397 0.400 0.350 0.300 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. In 1993 there was a change in data collection methodology. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic I&P-6 Supplements.

Rea eal M Med edian Earnings: s: 1960 t 60 to 2017 17 Total workers Full-time, year round workers Earnings in thousands (2017 dollars) Recession 60 $52,100 Male ales $44,400 Male ales $42,000 40 $31,600 Females es Females es 20 0 1960 1970 1980 1990 2000 2010 2017 1960 1970 1980 1990 2000 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Earnings rounded to nearest $100. Workers aged 15 and older. I&P-7 Source: U.S. Census Bureau, Current Population Survey, 1961 to 2018 Annual Social and Economic Supplements.

Fe Female-to-Mal ale E Earnings Ra gs Ratio: 1 1960 t to o 2017 17 (Full-time, year-round workers, aged 15 and older) Percent Recession 100 90 80.5% 80 Fem emale le-to to-ma male earnin ear ings r s ratio io 70 60.7% 60 50 40 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. In 1993 there was a change in data collection methodology. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic I&P-8 Supplements.

Wor orker ers w s with E Earnings b gs by Sex: 1 1967 t 67 to 2017 Total workers Full-time, year round workers Recession Numbers in millions 100 88.1 milli llion 90 80 78.2 milli llion Male ales 70 66.4 milli llion 60 Females es Male ales 49.3 milli llion 50 40 30 Females es 20 10 0 1967 1980 1990 2000 2010 2017 1967 1980 1990 2000 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Workers aged 15 and older. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2018 Annual Social and Economic I&P-9 Supplements.

Povert rty Rate and N and Numbe ber i r in n Poverty: y: 1959 t 59 to 2017 Recession Percent 25 20 22.4% Pov overty r y rate 15 12.3% 10 5 0 Numbers in millions 50 45 39.7 Numbe ber i in P Pove verty 40 millio llion 39.5 35 millio llion 30 25 20 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements. I&P-10

Pover erty Ra Rates es by Rac Race a and Hi Hispan anic Origin: n: 1 1959 t 59 to 2017 17 Percent Recession 70 60 55.1% 50 40 Black 30 21.2% 22.8% 20 His ispanic ic ( (an any race) 18.3% Asian 16.1% 10.0% 10 8.7% 7.5% Non-Hispanic W White 0 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic Supplements. I&P-11

Povert rty Rates b by Ag Age: 1 1959 t to o 2017 17 Percent Recession 50 45 40 35.2% 35 30 27.3% Aged 6 65 a and older er 25 Under ag age 18 e 18 20 17.0% 17.5% 15 11.2% 10 9.2% Aged ed 1 18 to to 64 5 0 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Data for people aged 18 to 64 and 65 and older are not available from 1960 to 1965. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic I&P-12 Supplements.

Co Compa pari rison of n of Fe Female-to-Mal ale P e Pover erty Rates: 1 1966 and and 2017 Percentage-point difference (female minus male) 1966 2017 8.5* 3.7* 3.6* 3.3* 3.0* 2.6* 1.2 0.4 All People Under age 18 Aged 18 to 64 Aged 65 and older Note: *Significantly different from zero at the 90 percent confidence interval. Source: U.S. Census Bureau, Current Population Survey, 1967 and 2018 Annual Social and I&P-13 Economic Supplements.

Peo eople w e with I Income B e Bel elow 50 Per erce cent of Thei eir P r Povert rty T Thresh shold: 1975 t to o 2017 Percent Recession 25 20 Pov overty y Rate 15 12.3% 12.3% 10 Inc ncome e Below 5 50% % Poverty ty T Threshold 5.7% 5 3.7% 0 1975 1980 1985 1990 1995 2000 2005 2010 2017 Note: The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2018 Annual Social and Economic I&P-14 Supplements.