per-capita income
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The median income is the
income In microeconomics, income is the Consumption (economics), consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.Smith's financial dictionary. Smith, Howard Irving. 190 ...
amount that divides a population into two equal groups, half having an income above that amount, and half having an income below that amount. It may differ from the
mean There are several kinds of mean in mathematics Mathematics (from Ancient Greek, Greek: ) includes the study of such topics as quantity (number theory), mathematical structure, structure (algebra), space (geometry), and calculus, change (ma ...
(or
average In colloquial, ordinary language, an average is a single number taken as representative of a list of numbers, usually the sum of the numbers divided by how many numbers are in the list (the arithmetic mean). For example, the average of the numbers 2 ...

average
) income. The income that occurs most frequently is the income
mode Mode ( la, modus meaning "manner, tune, measure, due measure, rhythm, melody") may refer to: Language * Grammatical mode or grammatical mood, a category of verbal inflections that expresses an attitude of mind ** Imperative mood ** Subjunctive mo ...
. Each of these is a way of understanding
income distributionIn economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and ...
.
Median In statistics Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin wi ...

Median
income can be calculated by
household income Household income is a measure of the combined incomes of all people sharing a particular household A household consists of one or several persons who live in the same dwelling and share meals. It may also consist of a single family or another ...
, by
personal income In economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods an ...

personal income
, or for specific demographic groups.


Median equivalent adult income

The annual median equivalence disposable household income for selected
OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de Coopération et de Développement Économiques, OCDE) is an intergovernmental economic organisation with 38 member countries, founded in 1961 to st ...

OECD
countries is shown in the table below. This is the disposable income of an equivalent adult in a household in the middle of the income distribution in a year. Data are in
United States dollar The United States dollar (symbol A symbol is a mark, sign, or that indicates, signifies, or is understood as representing an , , or . Symbols allow people to go beyond what is n or seen by creating linkages between otherwise very diffe ...
s at current prices and current purchasing power parity for private consumption for the reference year. *An academic study on the Census income data claims that when correcting for underreporting, U.S. gross median household income was 15% higher in 2010 (table 3).


Gross median household income by country, 2013 Gallup data

:''See also the country lists in the
household income Household income is a measure of the combined incomes of all people sharing a particular household A household consists of one or several persons who live in the same dwelling and share meals. It may also consist of a single family or another ...
article.'' In 2013, Gallup published a list of countries with median annual household income, based on a self-reported survey of approximately 2000 adults from each country. Using
median In statistics Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin wi ...

median
, rather than
mean There are several kinds of mean in mathematics Mathematics (from Ancient Greek, Greek: ) includes the study of such topics as quantity (number theory), mathematical structure, structure (algebra), space (geometry), and calculus, change (ma ...
income, results in a much more accurate picture of the typical income of the
middle class The middle class is a class Class or The Class may refer to: Common uses not otherwise categorized * Class (biology), a taxonomic rank * Class (knowledge representation), a collection of individuals or objects * Class (philosophy), an ana ...
since the data will not be skewed by gains and abnormalities in the extreme ends. The figures are in
international dollars The international dollar (int'l dollar or intl dollar, symbols Int'l$., Intl$., Int$), also known as Geary–Khamis dollar (symbols G-K$ or GK$), is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar ...
using purchasing power parity and are based on responses from 2006 to 2012 inflation adjusted to 2010 levels. Below is a list of the top 30 countries. The figures do not take taxes and social contributions into account. The list below does not correspond to citizens of each country, but to all its residents. States rich in fossil fuels such as Qatar and Kuwait have a very large gap in terms of median annual earnings of citizens and non-citizens (reaching more than tenfold).


See also

*
Disposable household and per capita income Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like Supple ...
*
List of countries by average wage The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses " purchasing power parity" (PPP). This is not to be confused with the averag ...
* List of U.S. states and territories by income *
Income distributionIn economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and ...
*
Household income in the United States Household income Household income is a measure of the combined incomes of all people sharing a particular household A household consists of one or several persons who live in the same dwelling and share meals. It may also consist of ...
*
Median household income in Australia and New Zealand Median household income The median income is the income amount that divides a population into two equal groups, half having an income above that amount, and half having an income below that amount. It may differ from the mean (or average) inc ...
*
Median income per household memberThe median income per member of household is a measure used by statisticians and the US Census Bureau The United States Census Bureau (USCB), officially the Bureau of the Census, is a principal agency of the Federal Statistical System of the Uni ...
*Places in the United States with notable demographic characteristics *Poverty in the United States


References

{{DEFAULTSORT:Median Household Income Lists of countries by per capita values, Wage Gross domestic product Income in the United States Household income lists