what is the average income in the u.s
Household income in the United States Another common measurement of personal income is the mean household income. Unlike the median household income, which divides all households in two halves, the mean income is the average income earned by American households. In the case of mean income, the income of all households is divided by the number of all households.[22] The mean income is usually more affected by the relatively unequal distribution of income which tilts towards the top.[23] As a result, the mean tends to be higher than the median income, with the top earning households boosting it. Overall, the mean household income in the United States, according to the US Census Bureau 2014 Annual Social and Economic Supplement, was $72,641.[24]
Economy of the United States The nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.[39] It has the second-highest total-estimated value of natural resources, valued at $45 trillion in 2016.[40] Americans have the highest average household and employee income among OECD nations, and in 2010, they had the fourth-highest median household income, down from second-highest in 2007.[41][42] The United States has held the world's largest national economy (not including colonial empires) since at least the 1890s.[43] It is the world's third-largest producer of oil[44] and natural gas.[45] In 2016, it was the world's largest trading nation[46] as well as its second-largest manufacturer, representing a fifth of the global manufacturing output.[47] The U.S. also has both the largest economy and the largest industrial sector, at 2005 prices according to the UNCTAD.[48] The U.S. not only has the largest internal market for goods, but also dominates the trade in services. U.S. total trade amounted to $4.92 trillion in 2016.[49] Of the world's 500 largest companies, 134 are headquartered in the US.[50]