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Money Income in 1971 of Families and Persons in the United States
Money Income in 1971 of Families and Persons in the United States
Report Number P60-85
Median income of the Nation's families went above $10,000 in 1971 for the first time in U.S. history.
The 1971 median family income of $10,290 was about 4 percent higher than the 1970 median of $9,870. However, because of price increases, the 1971 median income was about the same as the 1970 median income in terms of constant dollars.1 Among the 52.3 million families with civilian heads, approximately 64 percent were headed by year-round full-time workers. The median income of these families was $12,440.
Of the 53.3 million families in the United States in March 1972, 27.6 million or 51.7 percent received incomes of $10,000 or more in 1971. There were 9.9 million families (18.5 percent) with incomes between $7,000 and $10,000; 6.0 million families (11.2 percent) with incomes between $5,000 and $7,000; and 9.8 million families (18.5 percent) with incomes below $5,000 in 1971.
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1 See Monthly Labor Review, April, 1972, U.S. Department of Labor, table 24, page 96.
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.
Others in Series
Publication
Money Income in 1971 of Families and Persons (Advance data)
Advance income data from the March 1972 Current Population Survey. It covers money income only, prior to deductions for taxes, of families and persons in 1971.
Publication
Household Money Income and Selected Social & Economic Characteristics
Data for the United States on households by total money income in 1971, cross-classified by selected social and economic characteristics.
Publication
Characteristics of the Low-Income Population: 1971
This report presents social and economic statistics for the population of the United States below the low-income level in 1971.
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Page Last Revised - October 8, 2021
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