3 min read
This data is for individuals in the United States, including income earned between January and December of 2017.
Income is defined as all income earned from any source not just from a primary job!
This can be wage income (including multiple jobs), business income, investment income, and all sorts of other ways people earn money.
Here are the income percentile for individuals in 2017 along with the corresponding income:
- The median individual income for 2017 was $39,000.
- An individual needed to earn at least $112,115 to be in the top 10% of earners.
- An individual needed to earn at least $300,101 to be in the top 1% of earners.
- If you earned $50,000 in 2017, you earned more than 61% of all individuals.
- If you earned $100,000 in 2017, you earned more than 87% of all individuals.
Visualizing the U.S. Individual Income Percentiles
The following chart gives a visual look at the income percentiles:
Another way to visualize this data is using 100 tiny blocks:
In 2017, 23% of individuals earned less than $20,000:
In 2017, 50% of individuals earned less than $40k:
In 2017, 69% of individuals earned less than $60k:
In 2017, 80% of individuals earned less than $80k:
In 2017, 14% of individuals earned $100k or more:
For a more in-depth look at how these numbers were derived, along with how they compare to 2016 individual income numbers, check out the full post from DQYDJ.
Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.
Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.
His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free, has no trading or maintenance fees, and even allows him to set up automated target-allocated investments.
His favorite way to save money each month on his recurring bills is by using Trim, a free financial app that negotiates lower cable, internet, and phone bills with any provider on your behalf.
His favorite micro-investing app is Acorns, a free financial app that takes just 5 minutes to set up and allows you to invest your spare change in a diversified portfolio.
His favorite place to find new personal finance articles to read is Collecting Wisdom, a site that collects the best personal finance articles floating around the web on a daily basis.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.