Changes in Median Household Income: 1969 to 1996 - Table 1

Table 1. Percent Difference Between 1969 and 1996 in Selected Economic Measures

(Dollar amounts in 1996 dollars)

Selected economic measures	1969	1996	Percent Difference
Disposable income (billions) /1	$2,626.0	$5,608.3	113.6
Personal consumption expend. (billions) /1	$2,372.3	$5,207.6	119.5
Resident population (thous.) /2	201,385	265,179	31.7
Per capita real disposable income (derived)	$13,040	$21,149	62.2
Per capita personal consumption exp. (derived)	$11,780	$19,638	66.7
Median household income /3	$33,072	$35,172	6.3
Average household income /3	$37,993	$47,101	24.0
Average income of households with incomes at or below the median /3	$17,466	$18,139	3.9
Average income of households with incomes above the median /3	$58,519	$76,068	30.0
Mean number of year-round full-time workers in one-person households with incomes at or below the median /3	.274	.286	4.4
Mean number of year-round full-time workers in one-person households with incomes above the median /3	.769	.757	-1.6
Mean number of year-round full-time workers in two-or-more-person households with incomes at or below the median /3	.545	.546	0.2
Mean number of year-round full-time workers in two-or-more-person households with incomes above the median /3	1.207	1.372	13.7
Per capita money income /4	$11,975	$18,136	51.4

1/ Data from the Bureau of Economic Analysis (BEA), Survey of Current Business. The BEA publishes estimates of income and expenditures in chained 1992 dollars. The author used a factor equal to the 1996 value expressed in 1996 dollars divided by the 1996 value expressed in chained 1992 dollars to convert pre-1996 estimates into estimates expressed in 1996 dollars.

2/ Data for 1969 can be found in the historical tables included in the Census Bureau report "United States Population Estimates by Age, Sex, Race, and Hispanic Origin:1980 to 1988, Series P25-1045." Data for 1996 can be found at the following internet site:

<http://www.census.gov/population/estimates/nation/intfile2-1.txt>.

3/ Calculations by the author using data from March Current Population Surveys. The CPI-U-X1 was used to convert amounts expressed in 1969 dollars into amounts expressed in 1996 dollars.

4/ Data can be found at the following internet site: <http//www.census.gov/hhes/income/histinc/p01.html>.

Income

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Table 1. Percent Difference Between 1969 and 1996 in Selected Economic Measures