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Median Family Income Up About 5 Percent in 1965 (Advance data for families and unrelated individuals from March 1966 sample survey)
Median Family Income Up About 5 Percent in 1965 (Advance data for families and unrelated individuals from March 1966 sample survey)
Report Number P60-49
According to estimates released today by the Bureau of the Census, Department of Commerce, the average (median) income of families in 1965 was $6,900, a gain of about $310, or 5 percent, over 1964. Since consumer prices also rose during this period, the gain in real purchasing power, however, was approximately 3 percent.1
An estimated 8.0 million families, or 17 percent, of the 48.3 million families in the Nation received money incomes under $3,000 in 1965. About 7.7 million, or 16 percent, received incomes between $3,000 and $5,000 last year; 9.0 million, or 19 percent, had incomes between $5,000 and $7,000; and 11.6 million, or 24 percent, had incomes between $7,000 and $10,000. The remaining 12.0 million families, or 25 percent, are estimated to have received incomes of $10,000 or more.
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1 See Monthly Labor Review, March 1966, Vol. 89, No, 3, table D-1, page 358.
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
Income and Poverty
Income in 1964 of Families and Persons in the United States
Distribution of families and unrelated individuals by total money income, by color, type of family, age, size of family, number of earners, and type of income.
Income and Poverty
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.
Publication
Median Income of Persons Up in 1965 (Advance data)
Advance data from the March 1966 sample survey, for persons 14 years old and over by total money income, sex, color, and age; and for selected characteristics.
Related Information
Page Last Revised - October 8, 2021
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