The US Census Bureau offers income data by household and individual. It is to be noted that 42% of households have two incomes earners; thus making households' income levels higher than personal income levels. The 2005 economic survey revealed the income distribution for households and individuals whereby the top 5% of individuals had six figure incomes (exceeding $100,000) and the top 10% of individuals had incomes exceeding $75,000. The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 or more, with the top 10% having incomes well in excess of $100,000. The top 1.5% of households had incomes exceeding $250,000 with 146,000 households, the top 0.12%, having incomes exceeding $1,600,000 annually. Households may also be differentiated among each other, depending on whether or not they have one or multiple income earners. While many middle-middle class households rely on two income earners to merely make ends meet, those in the upper middle class may be able to do so on just one income. In 2005 for example, the median households income for a two income earner households was $67,000. The median income for an individual employed full-time with a graduate degree was in excess of $60,000, concluding that nearly half of those with graduate degree are able to out-earn most dual income households with one-income.
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The US Census Bureau offers income data by household and individual. It is to be noted that 42% of households have two incomes earners; thus making households' income levels higher than personal income levels. The 2005 economic survey revealed the income distribution for households and individuals whereby the top 5% of individuals had six figure incomes (exceeding $100,000) and the top 10% of individuals had incomes exceeding $75,000. The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 or more, with the top 10% having incomes well in excess of $100,000. The top 1.5% of households had incomes exceeding $250,000 with 146,000 households, the top 0.12%, having incomes exceeding $1,600,000 annually. Households may also be differentiated among each other, depending on whether or not they have one or multiple income earners. While many middle-middle class households rely on two income earners to merely make ends meet, those in the upper middle class may be able to do so on just one income. In 2005 for example, the median households income for a two income earner households was $67,000. The median income for an individual employed full-time with a graduate degree was in excess of $60,000, concluding that nearly half of those with graduate degree are able to out-earn most dual income households with one-income.
Overall the term affluent may be applied to a variety of individuals, households or other entities depending on context. Data from the US Census Bureau serves as the main guideline for defining affluence. US government data not only reveals the nation's income distribution but also provides data regarding the demographic characteristics of those to whom the term, affluent, may be applied.
Top percentiles
Affluence and economic standing within society is often expressed in terms of percentile ranking. Economic ranking is conducted either in terms of giving lower thresholds for a designated group (e.g. the top 5%, 10%, 15%, etc.) or in terms of the percentage of households/individuals with incomes above a certain thresholds (e.g. above $75,000, $100,000, $150,000, etc.). The table below presents 2006 income data in terms of the lower thresholds for the given percentages (e.g. the top 25.6% of households had incomes exceeding $80,000, compared to $47,000 for the top quarter of individuals).
