The median money income of households in the United States rose to $9,700 in 1972, an increase of about 7.4 percent over the 1971 median of $9,030. Since consumer prices rose 3.3 percent during 1971, the gain in real household median money income was 4.0 percent between 1971 and 1972.¹

Of the 68.3 million households in the United States, 4.2 million (6.2 percent) had incomes of $25,000 or more, 13.1 million (19.3 percent) had incomes between $15,000 and $25,000, 15.7 million (23.0 percent) had incomes between $10,000 and $15,000; 10.9 million (16.0 percent) had incomes between $7 ,000 and $10,000; 7.2 million (10.6 percent) had incomes between $5,000 and $7,000; and the remaining 17.1 million households (24.9 percent) had incomes under $5,000 (see table B).

Aggregate household money income increased 11.3 percent between 1971 and 1972 resulting from a 2.4 percent increase in the number of households (1.6 million new households) and an 8.7 percent increase in the average (mean) household money income.

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¹ See Monthly Labor Review, June 1973, table 24, page 104, Bureau of Labor Statistics, U.S. Department of Labor.