The only exception was among the holders of graduate degrees who constitute 8.9% of the population.
Among those with a master's, professional or doctorate degree, those who identified as White had the highest median individual income. The second largest racial or ethnic gap was between Whites and African Americans with the former earning roughly 22% more than the latter.
BEA's personal income measures the income received by persons from participation in production, from government and business transfers, and from holding interest-bearing securities and corporate stocks.
Thus one can observe a significant discrepancy with the median income of Asians and Whites and that of African Americans and Hispanics.
Both races saw a gain in median income between 19, with the income growth among African Americans slightly outpacing that of Whites.
The distribution of income among individuals differs substantially from household incomes as 39% of all households had two or more income earners.
As a result, 25% of households have incomes above 0,000, 2009 has been .25 per hour or ,080 for the 2080 hours in a typical work year.
The Census Bureau also produces alternative estimates of income and poverty based on broadened definitions of income that include many of these income components that are not included in money income.
The Census Bureau releases estimates of household money income as medians, percent distributions by income categories, and on a per capita basis.
Income patterns are evident on the basis of age, sex, ethnicity and educational characteristics.
In 2005 roughly half of all those with graduate degrees were among the nation's top 15% of income earners.
BEA also publishes disposable personal income, which measures the income available to households after paying federal and state and local government income taxes.
Income from production is generated both by the labor of individuals (for example, in the form of wages and salaries and of proprietors' income) and by the capital that they own (in the form of rental income of persons).
The road for this couple wasn’t as smooth as you would think. Since their divorce was never finalized, they renewed their vows in 2004.