What is the US per capita income in 2020?

$35,672.00
Highlights

Measure 2020 Value 2020 Rank
Per Capita Income †Dollars $35,672.00
Poverty †Percentage of households 12.2%
Unemployment †Percentage of civilian population 4.6%
Food InsecurityPercentage of households 11.7%

What is per capita income growth?

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income for a nation is calculated by dividing the country’s national income by its population.

What is the US GDP per capita growth rate?

GDP per capita growth (annual %) in United States was reported at –3.8242 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

What is the average per capita income in the United States?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2015-2019 26.9
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $62,843
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $34,103

How do you find per capita?

How to calculate per capita

  1. Determine the number that correlates with what you are trying to calculate.
  2. Determine how many people are in the population that you want to measure.
  3. Divide the measurement by the total number of people in the population.
  4. For smaller measurements, multiply the total by 100,000.

Which country has the highest GDP per capita 2020?

Luxembourg
With above 116k USD, Luxembourg has the highest GDP (nominal) per capita globally in 2020, which is ten times the world GDP per capita and over 460 times of lowest-ranked Burundi of US$254. In World Bank data, Monaco and Liechtenstein have better per capita gdp than Luxembourg.

What’s the poorest state in America?

Mississippi
1. Mississippi. Known as the birthplace of Blues music and the namesake of the Mississippi River, Mississippi has been ranked as the poorest state in America. With a total poverty rate of 19.6%, Mississippi’s rate is far above the national average rate of 10.5%.

What is the average household income in the US?

The Average American Income – Interesting Stats and Facts The median household income in the US in 2019 was $68,703 The average wage in 2019 in the US was $51,916.27 $19.33 was the median wage per hour in the US in 2019

What is the wealthiest state in the US?

Washington D. C.

  • this is a well-known state in the United States of America and also ranks the first richest state in America according to statistics.
  • New Jersey.
  • Hawaii.
  • Massachusetts.
  • Connecticut.
  • California.
  • New Hampshire.
  • Alaska.
  • Virginia.
  • How do you calculate the real GDP per person?

    The best way to calculate real GDP per capita for the United States is to use the real GDP estimates already published by the Bureau of Economic Analysis . Then just divide it by the population .

    What is the per capita GDP of the United States?

    The United States is the third most populous country after China and India. 4  The United States had to spread its wealth among 328.2 million people in 2019. As a result, the 2019 U.S. GDP per capita was $65,240. 5  That makes it one of the most prosperous countries per person. 6