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Income in 1964 of Families and Persons in the United States
Income in 1964 of Families and Persons in the United States
Report Number P60-47
The median income of all families in 1964 was about $6,600, This was about $320, or 5 percent, higher than in 1963, Since consumer prices rose approximately 1 percent during this period, not all of the increase in the average family income represented a net gain in real income.1
The postwar period has been characterized by a significant rise in family income. Since 1947, median family income in current dollars has more than doubled (from about $3,000 in 1947 to about $6,600 in 1964). A good part of this advance reflected rises in consumer prices, but there was also a substantial increase in real purchasing power. In terms of constant (1964) dollars, median family income increased from about $4,200 in 1947 to $6,600 in 1964, a rise of about $140 a year.
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1 See Monthly Labor Review, February 1965, Vol. 88, No. 2, table D-1, p. 242.
A Note on Language
Census statistics date back to 1790 and reflect the growth and change of the United States. Past census reports contain some terms that today’s readers may consider obsolete and inappropriate. As part of our goal to be open and transparent with the public, we are improving access to all Census Bureau original publications and statistics, which serve as a guide to the nation's history.
Others in Series
Publication
Low-Income Families & Unrelated Individuals in the United States: 1963
Data from the March 1964 survey showing families and unrelated individuals with incomes under $3,000 by social and economic characteristics.
Publication
Income of the Elderly in 1963
Income in 1963 and 1960, for families with head 65 years old and over, and with head under 65, by selected social and economic characteristics.
Publication
Income in 1964 by Metropolitan-Nonmetropolitan Residence
Data for families and unrelated individuals by total money income in 1964, by metropolitan-nonmetropolitan residence, for the United States.
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Page Last Revised - October 8, 2021
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