What was the median income in the 1970s?

$9,870
The median money income of families in the United States was $9,870 in 1970, according to estimates recently released by the Bureau of the Census, Department of Commerce. This was about $440, or 4.6 percent higher than the 1969 figure of $9,430.

What was the median income in 1977 in the United States?

$13,570
The median money income of households in the United States rose to $13,570 in 1977, a 7-percent increase from the 1976 median of $12,690.

What was the average monthly income in 1970?

The median money income of households in the United States was $8,730 in 1970. This was about $340 or 4.1 percent higher than the 1969 figure of $8,390. However, consumer prices rose during the year, and in terms of constant dollars, median household income was about the same as in 1969.

What was the median income in 1975?

As indicated in the advance report on income, the 1975 median family income of $13,720 represented an increase of 6 percent over the revised 1974 median.

What was the average yearly salary in 1970?

The median money income of all families in 1970 was about $9,870. This was about $440 or 4.6 percent higher than the 1969 median of $9,430. However, prices rose approximately 5.9 percent in 1970 and in terms of constant dollars, median family income in 1970 was about the same as in 1969.

What was the average yearly salary in the 70s?

Indexing yearly income

Year Wage Index
1970 $6,186.24
1973 $7,580.16
1976 $9,226.48
1979 $11,479.46

What was the average yearly salary in 1975?

Indexing yearly income

Year Wage Index
1975 $8,630.92
1978 $10,556.03
1981 $13,773.10
1984 $16,135.07

How much was a house in 1975?

Over this 36 year period, the average annual price increase in California has been 8.9%…….What was the average price of a house in 1975?

Year Median Price Increase/Decrease
1975 $41,600 20.2%
1976 $48,630 16.9%
1977 $62,290 28.1%
1978 $70,890 13.8%

What was the average annual salary in 1976?

After adjusting for the 6-percent increase in prices between 1975 and 1976,1 the median family income in terms of constant dollars increased by $450 or about 3 percent. Unrelated individuals had a median income of $5,375 in 1976, about 4 percent (or $210) higher in real terms than the 1975 median.

What was the median household income in 1970?

This statistic shows the median household income in the United States from 1970 to 2014, by income tier. In 2014, the median household income for the middle class stood at 73,392 U.S. dollars.

What was the median household income in 1977?

We calculated estimates of median income and associated standard errors for 1976, 1977, and 1978 using Pareto interpolation if the estimate was larger than $12,000 for people or $18,000 for families and households. This is because the width of the income interval containing the estimate is greater than $1,000.

What is the average household income in the United States?

As stated in the Census’s Source and Accuracy of Estimates for Income, Poverty, and Health Insurance Coverage in the United States: 2011. Estimation of Median Incomes. The Census Bureau has changed the methodology for computing median income over time.

What was the household income in the United States in 2007?

The aggregate income measures the combined income earned by all persons in a particular income group. In 2007, all households in the United States earned roughly $7.723 trillion. One half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent.