How does my income compare?

I was wondering the other day just how my household income ranks with the rest of America. If you’re like me you sometimes think you do well, then other times feel like everyone else must make way more than you (either that or they are leveraged up to their necks in debt). Whether it be the city you live feels so unaffordable, or a night out with friends that makes you feel as if you don’t do as well as others.

I decided to do some research on the actual affluence of America. The Census Bureau estimates real median household income at $53,657 for 2014 and $54,462 in 2015.

How does my income rank?

But how do these median income numbers compare to everyone else? Below is a breakdown on adjust gross incomes and its percentage rank. So where do you stack up? Better or worse than you expected for you and/or your family?

Top 1% of earners

  • Household income = $430,00

Top 5% of earners

  • Household income = $210,000

Top 10% of earners

  • Household income = $155,000

Top 20% of earners

  • Household income = $111,000

Top 25% of earners

  • Household income = $97,000

Top 40% of earners

  • Household income = $69,000

Top 50% of earners

  • Household income = $55,000

Source: CNN Money / 2014 U.S. Census Bureau data

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