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Personal income and disposable personal income are provided both as aggregate and as per capita statistics.BEA produces monthly estimates of personal income for the nation, quarterly estimates of state personal income, and annual estimates of local-area personal income. The Census Bureau collects income data on several major surveys, including the Annual Social and Economic Supplement (ASEC) of the Current Population Survey (CPS), the Survey of Income and Program Participation (SIPP), and the American Community Survey (ACS).In 1996 the median income for Whites was ,957 (31%) higher than for Blacks.In 2006 the gap in median incomes was nearly identical with the median income for Whites being ,929 (22%) higher than that for African Americans.Estimates are available by demographic characteristics of householders and by the composition of households.More details on income concepts and sources are found on the Census Bureau's website.It would be the labour of a lifetime to acknowledge each and every contributor to the groups. If your favourite author was omitted, it might not have been intentional.
BEA's monthly personal income estimates are one of several key macroeconomic indicators that the National Bureau of Economic Research considers when dating the business cycle.Overall, Asian Americans enjoyed higher median personal incomes than any other racial demographic.Asian Americans had a median income roughly ten percent higher than that of Whites.The only exception was among the holders of graduate degrees who constitute 8.9% of the population.
Among those with a master's, professional or doctorate degree, those who identified as White had the highest median individual income. The second largest racial or ethnic gap was between Whites and African Americans with the former earning roughly 22% more than the latter.
Income patterns are evident on the basis of age, sex, ethnicity and educational characteristics.