Tuesday, July 9, 2019

Distribution of Household Income, 2016: CBO

From The Congressional Budget Office, July 9, 2019, Report, "The Distribution of Household Income, 2016":
In 2016, average household income before accounting for means-tested transfers and federal taxes was $21,000 for the lowest quintile and $291,000 for the highest quintile. After transfers and taxes, those averages were $35,000 and $214,000.
Source: CBO


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