Family income within that circle averages $ 39,000 a year, and, within a 1 - mile radius of the center,
average family income rises to $ 74,000.
Not exact matches
Federal Reserve data show that
average family income at households headed by self - employed people declined 5.4 percent in real terms between 1989 and 2010, while
average family income at households headed by people working for others
rose 20.4 percent in inflation - adjusted terms over the same period.
Average after tax
income of economic
families rose over this period — from $ 68,200 to $ 76,900 in inflation - adjusted dollars.
It said that while the amount the
average family paid in
income tax had
risen by # 47, their NI contributions had gone up from # 2,725 to # 3,239 - an increase of # 514.
Over the past three decades, the cost of college tuition has increased more than four times that of the
average rise in
family incomes.
Secondly, wealth levels
rose with both education and
average family income.
The authors say middle -
income families have seen their earnings
rise by an
average of only 1.7 per cent a year over the 15 years ending 2007.
The
rising rental cost of a single -
family home is creating stress for tenants since the
average income in the U.S. is not high enough to afford these houses.