Median family income by race and ethnicity U.S. 2023

The U.S. average family income was 100,800 in 2023. This is significantly higher than the average among black families, which totaled 71,390 U.S. dollars. Family income is the total income earned by all family members who have been living in the household for at least one year and are at least 14 years old.

Median annual family income in the United States in 2023, by race and ethnicity (in current U.S. dollars)

Characteristic	Median family income in current U.S. dollars
Asian alone	131,800
White alone, not Hispanic	104,400
U.S. Average	100,800
Black alone	71,390
Hispanic (any race)	71,150

025,00050,00075,000100,000125,000150,000

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Release date

September 2024

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Region

United States

Survey time period

2023

Supplementary notes

Family income is the total income earned by all family members who have been living in the household for at least one year and are at least 14 years old. The term "income" is broad, including income earned through employment, business, farming, rent, pensions, dividends, interest, social security, and any other money income.

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