This statistic shows the mean disposable household income in the United States in 2023, by age. In 2023, the disposable income of a household led by a person between the ages of 35 and 44 years old was 109,075 U.S. dollars per year.
Mean disposable household income in the United States in 2023, by age
(in U.S. dollars)
This statistic uses the term household instead of the term consumer units used by the BLS, as they stated that they are interchangeable for convenience.
Consumer units are defined by the BLS as:
1. all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements.
2. a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent.
3. two or more persons living together who use their incomes to make joint expenditure decisions. Financial independence is determined by spending behavior with regard to the three major expense categories: housing, food, and other living expenses. To be considered financially independent, the respondent must provide at least two of the three major expenditure categories, either entirely or in part.
The age component of a consumer unit is dependent on the reference person in the survey. The reference person of the consumer unit is the first member mentioned by the respondent when asked "What are the names of all the persons living or staying here? Start with the name of the person or one of the persons who owns or rents the home."
Disposable income equals income after taxes.
Please follow this link to access more information about the methodology of the Consumer Expenditure Survey.
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Bureau of Labor Statistics. (September 15, 2024). Mean disposable household income in the United States in 2023, by age (in U.S. dollars) [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/
Bureau of Labor Statistics. "Mean disposable household income in the United States in 2023, by age (in U.S. dollars)." Chart. September 15, 2024. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/
Bureau of Labor Statistics. (2024). Mean disposable household income in the United States in 2023, by age (in U.S. dollars). Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/
Bureau of Labor Statistics. "Mean Disposable Household Income in The United States in 2023, by Age (in U.S. Dollars)." Statista, Statista Inc., 15 Sep 2024, https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/
Bureau of Labor Statistics, Mean disposable household income in the United States in 2023, by age (in U.S. dollars) Statista, https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/ (last visited November 20, 2024)
Mean disposable household income in the United States in 2023, by age (in U.S. dollars) [Graph], Bureau of Labor Statistics, September 15, 2024. [Online]. Available: https://www.statista.com/statistics/980324/us-mean-disposable-household-income-age/