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Median Family Income Up About 5 Percent in 1965 (Advance data for families and unrelated individuals from March 1966 sample survey)

Report Number P60-49

According to estimates released today by the Bureau of the Census, Department of Commerce, the average (median) income of families in 1965 was $6,900, a gain of about $310, or 5 percent, over 1964. Since consumer prices also rose during this period, the gain in real purchasing power, however, was approximately 3 percent.1

An estimated 8.0 million families, or 17 percent, of the 48.3 million families in the Nation received money incomes under $3,000 in 1965. About 7.7 million, or 16 percent, received incomes between $3,000 and $5,000 last year; 9.0 million, or 19 percent, had incomes between $5,000 and $7,000; and 11.6 million, or 24 percent, had incomes between $7,000 and $10,000. The remaining 12.0 million families, or 25 percent, are estimated to have received incomes of $10,000 or more.

1 See Monthly Labor Review, March 1966, Vol. 89, No, 3, table D-1, page 358.

A Note on Language

Census statistics date back to 1790 and reflect the growth and change of the United States. Past census reports contain some terms that today’s readers may consider obsolete and inappropriate. As part of our goal to be open and transparent with the public, we are improving access to all Census Bureau original publications and statistics, which serve as a guide to the nation's history.


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