Table 9
Average net annual household income and return to equity, by age class and tenure

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Average net annual household income and return to equity, by age class and tenure
Age class All Households Renters Home owners
Net income Return to equity Total Net income Net income Return to equity Total
  dollars
Panel A: Household income  
20 to 29 40,410 650 41,061 33,384 56,874 2,175 59,049
30 to 39 55,816 2,067 57,883 35,698 68,891 3,410 72,301
40 to 49 60,639 3,437 64,076 36,176 71,030 4,897 75,927
50 to 59 62,214 4,694 66,908 33,766 70,095 5,995 76,090
60 to 69 43,098 4,890 47,988 23,954 49,574 6,544 56,118
70 plus 33,803 3,965 37,769 23,953 38,343 5,793 44,136
  ratio
Relative income ratio  
70 plus to 40-to-49 0.56 . 0.59 0.66 0.54 . 0.58
70 plus to 50-to-59 0.54 . 0.56 0.71 0.55 . 0.58
  dollars
Panel B: Household income adjusted for household size  
20 to 29 27,895 430 28,325 24,004 37,013 1,438 38,451
30 to 39 34,217 1,202 35,419 25,232 40,056 1,984 42,040
40 to 49 35,456 1,947 37,403 24,933 39,926 2,774 42,699
50 to 59 39,007 2,987 41,993 24,820 42,937 3,814 46,751
60 to 69 30,914 3,432 34,346 20,353 34,486 4,593 39,079
70 plus 26,170 3,070 29,241 21,220 28,452 4,485 32,937
  ratio
Relative income ratio  
70 plus to 40-to-49 0.74 . 0.78 0.85 0.71 . 0.77
70 plus to 50-to-59 0.67 . 0.70 0.85 0.66 . 0.70
Source(s):
Survey of household spending (2006).