More than Half of U.S. Families Earn $60k or Less Per Year


by The Brookings Institution on Mar 27, 2014 | Views: 195 | Score: 0
Sources: brookings.edu
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The Brookings Institution
The Brookings Institution on Dec 7, 2013 6:13 PM said:

More than half of America’s working-age families with children under age eighteen (approximately 20.1 million families) have annual incomes of $60,000 or below. This is true whether we consider only earned wages and salary, or if we use a broader definition of pretax, pre-transfer income, which also includes some unearned sources of income, such as investment income and alimony payments.