Who makes the big bucks in America?
Middle-aged white couples.
We all know that income is concentrated in the United States, but Sentier Research has crunched the data to show just who has the money.
Take a look at the breakdown by race:
White households have an aggregate income of $6.2 trillion, while Hispanics have an aggregate income of $710 billion and blacks $641 billion. Asians, meanwhile, have $419 billion.
To be sure, there are more white households in the U.S. But they and Asians have a greater share of the total income than their share of households. Blacks and Hispanics have a smaller slice of the pie.
California residents, meanwhile, command almost 13% of the nation's aggregate income...or a cool $1 trillion.
And check out how much residents of the top 10 states with the largest total incomes pull in:
Sentier also calculated that married couples have an aggregate income of $5.4 trillion, far more than the $1.2 trillion earned by single folks and the $421 billion brought home by single-parent households.
And among married couples, those age 35 to 54 received more than half the total income, or $2.8 trillion.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.62%||3.69%|
|15 yr fixed||2.77%||2.80%|
|30 yr refi||3.61%||3.69%|
|15 yr refi||2.76%||2.83%|
Today's featured rates:
|Latest Report||Next Update|
|Home prices||Aug 28|
|Consumer confidence||Aug 28|
|Manufacturing (ISM)||Sept 4|
|Inflation (CPI)||Sept 14|
|Retail sales||Sept 14|