Text table 2
Average gross and net annual household income adjusted for household size by age class, 1969 to 2006

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Average gross and net annual household income adjusted for household size by age class, 1969 to 2006
  1969 1974 1978 1982 1986 1990 1996 2001 2006
  dollars
Panel A: Gross income  
20 to 29 4,977 8,324 12,072 17,473 19,765 27,825 27,413 29,589 36,642
30 to 39 4,714 9,106 12,886 19,157 22,901 31,106 33,232 40,063 47,277
40 to 49 5,090 9,301 12,901 20,328 25,954 35,519 37,027 40,667 48,381
50 to 59 5,137 9,983 13,532 20,782 26,350 37,077 37,619 43,744 53,400
60 to 69 4,194 7,719 10,081 15,698 19,990 29,645 28,878 30,814 38,671
70 plus 2,687 4,881 6,587 11,442 14,067 20,747 22,273 24,695 30,879
  ratio
 70 plus: 40 to 49 0.53 0.52 0.51 0.56 0.54 0.58 0.60 0.61 0.64
 70 plus: 50 to 59 0.52 0.49 0.49 0.55 0.53 0.56 0.59 0.56 0.58
  dollars
Panel B: Income net of income taxes  
20 to 29 4,321 7,053 10,086 14,743 16,348 22,253 22,425 24,347 30,348
30 to 39 4,096 7,422 10,500 15,733 18,375 24,246 26,172 31,074 37,251
40 to 49 4,383 7,658 10,626 16,691 20,768 27,133 28,532 31,759 38,145
50 to 59 4,458 8,244 11,207 17,135 21,237 28,820 29,405 34,392 42,070
60 to 69 3,733 6,544 8,834 13,623 17,178 24,065 23,461 25,402 32,251
70 plus 2,563 4,471 6,217 10,483 12,750 17,630 19,073 21,079 26,649
  ratio
 70 plus: 40 to 49 0.58 0.58 0.59 0.63 0.61 0.65 0.67 0.66 0.70
 70 plus: 50 to 59 0.57 0.54 0.55 0.61 0.60 0.61 0.65 0.61 0.63
  dollars
Panel C: Income net of income taxes and employment contributions 1  
20 to 29 4,099 6,733 9,568 14,008 15,467 21,013 21,000 22,682 28,163
30 to 39 3,876 7,034 9,923 14,854 17,222 22,706 24,349 28,931 34,451
40 to 49 4,140 7,251 10,072 15,774 19,518 25,240 26,470 29,422 35,181
50 to 59 4,205 7,766 10,608 16,253 20,029 27,050 27,255 31,874 38,767
60 to 69 3,577 6,247 8,534 13,117 16,663 23,276 22,658 23,911 30,741
70 plus 2,528 4,417 6,150 10,385 12,531 17,284 18,803 20,783 26,054
  ratio
 70 plus: 40 to 49 0.61 0.61 0.61 0.66 0.64 0.68 0.71 0.71 0.74
 70 plus: 50 to 59 0.60 0.57 0.58 0.64 0.63 0.64 0.69 0.65 0.67
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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