Text table 1
Average gross and net annual household income by age class, 1969 to 2006

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Average gross and net annual household income by age class, 1969 to 2006
  1969 1974 1978 1982 1986 1990 1996 2001 2006
  dollars
Panel A: Gross income  
20 to 29 7,835 12,309 17,806 25,207 29,371 39,750 41,082 43,872 52,400
30 to 39 9,155 16,236 22,889 32,889 39,059 51,180 55,351 65,053 76,499
40 to 49 10,188 17,850 24,769 37,146 47,104 61,751 64,096 69,354 83,673
50 to 59 8,945 16,918 22,547 33,909 43,308 59,269 59,921 69,156 85,777
60 to 69 6,333 11,365 14,448 22,403 28,435 42,406 41,456 43,774 54,620
70 plus 3,608 6,355 8,676 14,528 17,571 26,251 28,402 31,375 40,399
  ratio
 70 plus: 40 to 49 0.35 0.36 0.35 0.39 0.37 0.43 0.44 0.45 0.48
 70 plus: 50 to 59 0.40 0.38 0.38 0.43 0.41 0.44 0.47 0.45 0.47
  dollars
Panel B: Income net of income taxes  
20 to 29 6,825 10,437 14,897 21,301 24,308 31,871 33,692 35,938 43,506
30 to 39 7,989 13,258 18,716 27,096 31,447 39,991 43,715 49,468 60,385
40 to 49 8,796 14,677 20,455 30,557 37,776 47,221 49,414 53,975 65,779
50 to 59 7,789 13,969 18,691 27,981 34,825 46,132 46,906 54,065 67,553
60 to 69 5,634 9,582 12,634 19,380 24,334 34,257 33,616 35,795 45,348
70 plus 3,421 5,796 8,151 13,269 15,841 22,164 24,217 26,471 34,676
  ratio
 70 plus: 40 to 49 0.39 0.39 0.40 0.43 0.42 0.47 0.49 0.49 0.53
 70 plus: 50 to 59 0.44 0.41 0.44 0.47 0.45 0.48 0.52 0.49 0.51
  dollars
Panel C: Income net of income taxes and employment contributions 1  
20 to 29 6,475 9,964 14,138 20,239 23,005 30,101 31,572 33,428 40,410
30 to 39 7,562 12,571 17,699 25,594 29,486 37,472 40,682 45,940 55,816
40 to 49 8,311 13,903 19,400 28,892 35,500 43,981 45,836 50,032 60,639
50 to 59 7,352 13,167 17,696 26,543 32,829 43,285 43,468 49,960 62,214
60 to 69 5,390 9,137 12,190 18,631 23,556 33,064 32,395 33,398 43,098
70 plus 3,368 5,713 8,050 13,131 15,523 21,665 23,837 26,017 33,803
  ratio
 70 plus: 40 to 49 0.41 0.41 0.41 0.45 0.44 0.49 0.52 0.52 0.56
 70 plus: 50 to 59 0.46 0.43 0.45 0.49 0.47 0.50 0.55 0.52 0.54
1.
Includes pension plan contributions and contributions to employment insurance.
Source(s):
Survey of Family Expenditures (1969 to 1996) and Survey of Household Spending (2001 to 2006).
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