A detailed look at where you fit in our vast nation of income-earners. Income is highly concentrated under either measure, however. Self-employed individuals are liable for the entire 15. 2 percent of all income taxes. About 70 percent of minimum wage employees, however, work fewer than 35 hours per week and thus earn proportionately less, according to federal labor statistics. 2017 to compare to household income percentiles in the full year. earners, a family needs an income of $421,926, a new report from the Economic Policy Institute finds. In today’s current market, a full-time minimum wage worker working 40 hours a week and 52 weeks per year would earn $13,624. The United States maintains a strong military presence in dozens of countries while running major debts and trade deficits. That said, 24,315,992 of them earned less than $5000. In 2008, 55. To drive the point home, conservatives express shock at the fact that more than half of all Americans pay no federal income tax at all. Although this progress in wage growth is encouraging, a substantial percentage of low-wage workers, 44 percent, remain low-wage workers two years later. Growing distance between earners at the top of the distribution and those in the. The top 1% of income earners pay about 32% of all income taxes. Research done by the Center for American Progress has found that reducing the illegal alien population in the United States by one-third would raise the income of unskilled workers by $400 a year. Housing Markets; Home Prices Less Affordable. Tipped Employees Tipped Employees (earning more than $30 per month in tips) must earn the State Minimum Wage Rate per hour. aimed at closing the gender wage gap in the United States. A 2015 Gallup poll found that 63 percent of Americans feel that the distribution of U. Income Tax is a tax on a person's income, emoluments, profits arising from property, practice of profession, conduct of trade or business or on the pertinent items of gross income specified in the Tax Code of 1997 (Tax Code), as amended, less the deductions if any, authorized for such types of income, by the Tax Code, as amended, or other. Methodology: GOBankingRates determined the income needed to be among the top 10 percent of earners in each state by analyzing U. The Joint Committee is also accounting for lots of income that never gets. the top 1 percent of earners (incomes in excess of $615,000) are paying nearly half — 45. While overall enrollment rates increased just after the economic downturn hit in 2008, they have fallen for all income groups since. But, in fact, 42% of all workers in the United States fit this bill. If you need help applying this information to your personal situation, phone us on 13 28 61. In 2011, the low-income threshold for a family of four with two children was $45,622. 1 percent of the households did not have even a single earner while 48. This gave us the percentage of people earning more than each group of earners. Homeownership Assistance Programs- Income Calculation Guidelines 3 Income Calculation Guidelines Effective date: 03/04/2019 Classification: Public 1. According to the popular 50/30/20 rule , you should reserve 50 percent of your budget for essentials like rent and food, 30 percent for discretionary spending, and at least 20 percent for savings. The top 1 percent of earners in the United States had an average income of $1,153,298. In this US Government article titled "Lifetime Earnings Soar with Education: Masters degree worth $2. 39 (which is the "raw average wage"). However, to be in the top. They are just 25 percent of executive and senior officials and managers, 9. Top income inequality is measured as the share of total income that goes to the income earners at the very top of the distribution. 9 percent of Fortune 500 board seats. — The Actual Income Distribution in the annual income and it shows you what "percent" you are in the US. 12 in 2011—in other words, the group of low wage workers described in this fact sheet are roughly equivalent to the bottom 20 percent of wage earners (seen notes at the end of this fact sheet for more details on these estimates). In fact, the average difference between these two numbers for every state is an eye-popping $715,482. More Than Half of U. To answer this question, I ran a 4 dimensional, two level (household and person) tabulation that looks at: * Household Income * Family Income * Personal Income * Personal Earnings In lines 1-4, we see the household level section. 3 percent of men 16 years and older. 4 percent boost to. Data for this graph is sourced from the report written by Jon Bakija, Adam Cole, and Bradley T. College graduates, on average, earned 56% more than high school grads in 2015, according to data compiled by the Economic Policy Institute. 7 per cent) of all income. 6% of salaried people, according to the ASHE. Nov 13, 2014 · In contrast, the share of total US wealth owned by the bottom 90% of families fell from a peak of 36% in the mid-1980s, to 23% in 2012 - just one percentage point above the top 0. In 2017, 12. Minimum Wage Laws from State to State. In the second half of the 1980s the US federal income tax had such a rate structure. By contrast, nearly 70 percent of Americans in the middle fifth of the income distribution — earning $54,700 to $93,200 a year in 2017 dollars — would see their taxes go up, with an average tax hike of $150. For example, starting in 2018, the first portion of any taxpayer's taxable income is taxed at a 10 percent rate, the next portion is taxed at a 12 percent rate, and so on, up to a top marginal. The bottom four-fifths, 80% - the bottom 80% of income earners pay just 20%, 22% of the federal income tax burden. In actual money terms: $37. Yet they contribute only 6. In 2010, Canadians paid 16. 1% of income earners in the US. By contrast, the 1. The federally mandated minimum wage in the United States is 7. The concept is alarmingly simple: When labor costs rise, people lose jobs. A quarter million is a ton of money to earn in a year, that's for sure, but I bet you thought 1% would require a much higher number. One of the least discussed parts of America's income tax is how progressive it is, and the tax overhaul didn't change that fact. Having money clearly takes the sting out of adversities. $27,000 was the rounded median individual income in 2014. States are free to offer more protection to debtors in wage garnishment actions than does the federal government; they cannot provide less. There are seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. These patterns are somewhat new. President Obama has also proposed increasing the federal minimum wage to $10. Methodology: GOBankingRates determined the income needed to be among the top 10 percent of earners in each state by analyzing U. That is the highest percentage ever, under any Government. “2016 survey of consumer. High income earners are reluctant to part with their tax breaks in part because they think of themselves as battlers, new research suggests. 7 Equal Pay Statistics That Every Woman Should Have At The Tip Of Her Tongue Today there was a 21-percent wage gap between full-time male and female workers in 2014. In 2017, the ratio of women’s to men’s median weekly full-time earnings was 81. The Simple Truth about the Gender Pay Gap The gender pay gap is the gap between what men and women are paid. What percent of wage earners make more than you do? asked Jan 3 in Statistics by Dougie-Fresh. Answer to According to Wolff (2012), the top 1/5 of all wage earners in the United States control what percent of all wealth in the country?. Photograph: London Weekend Television/Rex Features The top 10% of earners in Britain have salaries which are equal to more. 9 percent of wage earners had net compensation less than or equal to $43,041. The blue band is the bottom half. “Middle class” doesn’t have a definite, official definition. The top 5% of households, three quarters of whom had two income earners, had incomes of $166,200 (about 10 times the 2009 US minimum wage, for one income earner, and about 5 times the 2009 US minimum wage for two income earners) or higher, with the top 10% having incomes well in excess of $100,000. A quarter million is a ton of money to earn in a year, that's for sure, but I bet you thought 1% would require a much higher number. 5 percent, meaning that, on average, a woman earns 80. 2017 to compare to household income percentiles in the full year. Connecticut -- the state. The two income household is now the. Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate. 7 percent of the income in. 1 percent of the households did not have even a single earner while 48. This requires a slightly different approach for each track; we've also tried to achieve the right balance between usability and rigour. The share of total income has risen, according to 2015 data, to 5 percent for the 0. their careers facing a relatively small pay gap. How much do the top 1% of income earners the United States make? What percentage does an income of $300k put me in? Sarcastic, bitter, and childish comments will prompty be deleted and reported. While it is true that the top 10% of income earners pay over 69% of all taxes, the top 10% by wealth also control over 71% of total US wealth. After accounting for all taxes, in fact, “The nationwide average effective state and local tax rate is 11. This gave us the percentage of people earning more than each group of earners. Almost half (46 percent) of those making more than $100,000 a year think you need at least $500,000 a year to count as “rich,” compared with 18 percent of those bringing in less than $30,000 a. Connecticut -- the state. Family income is average for a family of two or more related people living in a household. And if you are earning £150,000 - the amount that triggers 50% income tax - you are in the top 0. Do the rich really not pay their fair share? As the graphic below shows, the top half of income earners paid 97 percent of all federal income taxes in 2012. 25 per hour. Overall, 63. Enter pre-tax household income earned between Jan. The US ranks last in the world for paid parental leave. That is the highest percentage ever, under any Government. Generally, your payment amount under an income-driven repayment plan is a percentage of your discretionary income. 7 percent of overall income while the 1,409 people among the top. This means that those individuals who comprise the bottom percentage of tax earners pay less the smallest percentage of taxes, relative to other earners. First, very few workers actually earn the minimum wage. The income share of the top 1 percent of earners in 2012 returned to the same level as before both the Great Recession and the Great Depression: just greater than 20 percent. 8 percentage points since 2015, when the ratio was 81. 2016 Federal Poverty Level Charts – Income Brackets for 2017 Premium Tax Credits The following data was published on or about November 2016 for the 2017 calendar year, and was based on data and information available to HHS at that time. economy require higher education. This represents the second year in a row that the richest 1 percent paid more in federal income taxes than the bottom 95 percent (not, however, the bottom 99 percent). To determine what salary you'd have to earn at every age to stay in the top percentile—or even in the top 0. Canadians pay a whopping 42. There is a. 25 per hour. As expected, they are very, very few. To account for the possibility of very high earners in every group, the 1st percentile has a floor, but it never has a ceiling. The minimum wage does not help people in poverty who actually work. The below graph shows the average wage per bracket and the percentage of wage earners in that bracket. 4 million households are in the top 1 percent income group, a statistical cohort whose members change. ; the top 0. 1 percent (see figure). Mar 21, 2012 · In fact, the top 400 highest earners in the country pay only 18 percent personal income tax. Losses due to concessions experienced an uptick, but represented only 14. The US is one of only three countries. The top 1 percent is taking home 29. Tax Report, reports CBS News. There are seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. You should report tax-exempt and taxable interest on your income tax return (lines 2a and 2b of the 1040). Yet they contribute only 6. , it is necessary to have an annual income over $500,000. Sales of these fuels accounted for 68% of Russia's total export revenues in 2013, based on data from Russia's Federal Customs Service. The statistic shows the percentage distribution of household income in the United States in 2017. In 2017, 80. that is available to private equity partners and taxed at the 15-percent investment income tax rate, not. 1% of the population will have found themselves in the much-maligned 1% of earners for at least one year of their lives. And if you are earning £150,000 - the amount that triggers 50% income tax - you are in the top 0. 3 percent of all lost revenue, with the majority (77. 4% of hourly workers and 7. Johnston for the data he used and he sent me this link. 794% of wage earners who get more than $250,000 per year and only 1. 3 percent of all wage and salary workers. Wage Earners Make Under $30,000 a Year, According to a Shocking New Report Gender Pay Gap Widens: Men's Earnings Growing Twice as Fast as Women's Has Netanyahu No Shame?. The real median income of non-Hispanic White, Black, and Hispanic-origin households increased 2. What does it take to make it into the 1 percent of earners? In Arkansas, you'd need to pull in $228,298 a year. Currently, the federal minimum wage is $7. If you figure out the monthly costs for basic needs for a couple with 2 children it adds up to approximately $6295. And, when a PIPP Plus household pays the monthly PIPP Plus payment on-time and in-full, some of their old debt and the rest of that month's bill goes away in the form of a credit on their utility account. 50 percent of all wage earners had net compensation less than or equal to the median wage, which is estimated to be $26,363. Heim titled "Jobs and Income Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U. is lower than the rest of the world, said Howard Gleckman of the U. At $75,000, that effect disappears. This gave us the percentage of people earning more than each group of earners. Places a higher percentage of rate of taxation on high income people. You read that right. Below is an individual income percentile calculator for the United States for 2018. Who Earns the Minimum Wage? Suburban Teenagers. The Rose survey indicates that Cubans earn considerably more than the official average monthly salary, which was 687 pesos, or about $25, in 2015, according to Cuba’s National Office of Statistics. 3 percent of men 16 years and older. You'd have needed to earn nearly $429,000 in adjusted gross income (this means after deductions and credits are factored in) to be part of the top 1% in the United States. As of this year the top twenty percent of income in the United States is "a household income of just over $100,000. 6% from 2011 to 2012. Most high-income retirees will have 85% of Social Security benefits taxable. The report determined affordability for average wage earners by calculating the amount of income needed to make monthly house payments — including mortgage, property taxes and insurance — on a median-priced home, assuming a 3 percent down payment and a 28 percent maximum "front-end" debt-to-income ratio. For the top 1%, who experienced large wage drops in that period, they grew just 0. 7 percent share of income. workers actually make less than what a full-time minimum wage worker made back in 1968. Head over to the data tables page if you want to see the rest of the income ranges for each demographics category. Enter your own 2014 individual (not household) earnings above to customize your results. Alberta has a 13. Top 1% incomes grew by 31. Data refer to full-time employees on the one hand and to self-employed on the other. 7 percent — of individual income taxes for tax. Two-thirds of the highest-earning households surveyed. 5 percent by 2007, but during the same period, the average inflation-adjusted hourly wage declined by more than 7 percent. As of this year the top twenty percent of income in the United States is "a household income of just over $100,000. 10 per hour or less in today’s dollars) were teenagers,. This was nearly twice as much as their 19. “2016 survey of consumer. stack up unevenly, according to a new report by the Economic Policy Institute. Most of the dropouts were Latino or black, according to a report by the Center for Labor Market. All of the EU candidate countries had minimum wages that were similar to those in group 1, ranging from EUR 211 in Albania to EUR 422 in Turkey. 3 percent, respectively, between 2015 and 2016. What the top 1 percent makes in Florida with the top 1 percent of earners in Connecticut in 2012 making as much. One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. Here are the wage earners in each category and the percentages they pay: Top 5% - 56. It's more commonly known as income per capita. The CPS is also the source of our official figures on employment and unemployment in the United States. While the top fifth have nearly 50% of the country's income and 60% of the country's wealth, the bottom fifth have only 4% of the income and only 1% of the wealth. To give us a better idea of the underlying trends in household incomes, we've also prepared a chart of the real percentage growth since 1967. 4% of their total income in income taxes, leaving 83. 18 About 26 percent of those families, or 3. Most employees must be paid the Maryland State Minimum Wage Rate. stack up unevenly, according to a new report by the Economic Policy Institute. Therefore, while there is a wage gap of 8. 3 percent, respectively, between 2015 and 2016. · If you earn more than $50,000 annually, you are in the top 1% of the world’s income earners. private households had an annual income between 35,000 and 49,999 U. Current Release Next Release: August 30, 2019. — Lamar Smith on Wednesday, August 1st, 2012 in a speech to the Austin-Oak Hill Rotary Club. This means that those individuals who comprise the bottom percentage of tax earners pay less the smallest percentage of taxes, relative to other earners. Mulvaney’s comments that the top 20% of income earners pay 95% of all taxes may be true if the states that do not pay income taxes are factored out. 3 million figure doesn’t include salaried workers, although BLS says relatively few salaried workers are paid at what would translate into below-minimum hourly rates. The rising fortunes of the top 1 percent of income-earners in the U. 2 percentage points, nearly the same as the 18. The calculator above shows where your income stands on the wide range of the 99%. (Bear in mind that the 3. But the average income for one-percenters is $1. The matches range from 2 percent of an employee’s salary to 7 percent or more, with 5 percent matches being the most prevalent (21 percent), the study finds. Jul 23, 2018 · When it comes to income inequality, even the top 1 percent of earners in the U. View all datasets related to Income and wealth Back to top. This table gives certain percentile points of the income distribution as estimated from the Survey of Personal Incomes for each survey year shown. Today, women ages 45 to 54 typically earn only 70 percent of what their male counterparts earn. Ten percent seems low, doesn't it? The official income tax rates start at 10 percent and go all the way to 39. Wage Earners Make Under $30,000 a Year, According to a Shocking New Report Gender Pay Gap Widens: Men's Earnings Growing Twice as Fast as Women's Has Netanyahu No Shame?. 6 percent of total U. Homeownership Assistance Programs- Income Calculation Guidelines 3 Income Calculation Guidelines Effective date: 03/04/2019 Classification: Public 1. By contrast, the 1. As you can see in the chart below, this is a stark change from the 1980s and early 1990s. If you need help applying this information to your personal situation, phone us on 13 28 61. It jumped to about 22. The bracket depends on taxable income and filing status. Internal Revenue Service. For the bottom 99 percent of taxpayers, income grew by less than 20 percent. 1 percentage points […]. 1 percentage points in 2016. 5% since 2007, the year before the Great Recession. State Wage Garnishment Limits. 7 percent — of individual income taxes for tax. But, in fact, 42% of all workers in the United States fit this bill. In 2017, 12. Higher-income households pay much more in federal taxes than do their lower-income counterparts: They have a much greater share of the nation’s before-tax income, and they pay a much larger proportion of that income in taxes. Those in the top 1 percent of the income distribution (any family making $394,000 or more in 2015) provide about a third of all charitable dollars given in the U. If you are an employee and you receive wages subject to U. The share of income going to higher-income households rose, while the share going to lower-income households fell. 2 percent of all income taxes. Growing distance between earners at the top of the distribution and those in the. Average income for: Top 2% of earners: $158,000. Net farm income (NFI)—which reflects income from production in the current year—is calculated by subtracting farm expenses from gross farm income. Here's what you need to make to. income, but pay 87 percent of total income tax [source: Saunders]. In addition, California lawmakers are trying to pass a state-wide $13 per hour minimum wage and President Obama is supporting the increase of the federal minimum wage from $7. Oct 14, 2018 · In 2016, the bottom 50 percent of income tax filers earned about 11. Wages and salaries, the largest component of personal income, increased 0. ix They join the 5. More than 60 per cent of the top earners are between 45 and 64 years old. stack up unevenly, according to a new report by the Economic Policy Institute. College graduates, on average, earned 56% more than high school grads in 2015, according to data compiled by the Economic Policy Institute. High-income households provide an outsized share of all philanthropic giving. But among women in the top 2%, the average salary is $145,000, compared to $371,000 for men, according to an analysis. Over this same period, high earners’ (95th percentile) wages rose by more than 37 percent, while the wages of the highest-earning 1 percent rose 131 percent. But now that I'm getting close to retirement, my income is a lot lower than it was earlier in my career, although. Over half of all minimum wage earners are over the age of 25. 6 per cent of all taxes. This is a newly constructed dataset showing the state-level location of those in the US top income groups (Top 10%, Top 5%, Top 1%, Top 0. For context, the typical annual. In Connecticut, where the top 1 percent of income-earners make more than anywhere else, the bottom 99 percent earn $56,445 annually. • Six years later, nearly half (43 percent) of low-income, first-generation students had left college without earning their degrees. How many people earn more than $1 million a year in income in the United States? – Pltn8 According to a Wall Street Journal article published on October 25th, 2011 called The Wild Ride of the 1% , in 2007, before the Great Recession, there were nearly 400,000 individuals earning $1,000,000 or more in the United States. 07 trillion, 34% of all tax revenues. We define income as the sum of all income components reported on tax returns (wages and salaries, pensions received, profits from businesses, capital income such as dividends, interest, or rents, and realized capital gains) before individual income taxes. Russia is a major exporter of crude oil, petroleum products, and natural gas. The poorest 40 percent of the world’s population accounts for 5 percent of global income. To put this in perspective, to be in the top one percent of wage earners between 2010 and 2014, one needed to make $380,354 per year. From 2000 to 2002 most brackets dropped by one percent, and there was a new low bracket added at the very bottom. 3 percent of all wage and salary workers. Since the average taxpayer's gross income was $71,258 for 2015, this translates to an effective federal income tax rate of 13. Johnston for the data he used and he sent me this link. Income in the United States is measured by the United States Department of Commerce either by household or individual. 8 percentage points since 2015, when the ratio was 81. Average income for: Top 2% of earners: $158,000. 8 percent were children, and 32. 01 percent and 22 percent for the 1 percent. The richest 20 percent accounts for three-quarters of world income. Wage Earners Make Under $30,000 a Year, According to a Shocking New Report Gender Pay Gap Widens: Men's Earnings Growing Twice as Fast as Women's Has Netanyahu No Shame?. To give us a better idea of the underlying trends in household incomes, we've also prepared a chart of the real percentage growth since 1967. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news. Income Levels Vary Across Geography, Race, and Gender. 7 Equal Pay Statistics That Every Woman Should Have At The Tip Of Her Tongue Today there was a 21-percent wage gap between full-time male and female workers in 2014. Piketty, an economist at the Paris School of Economics, predicts that if the current trend holds, their share will. By contrast, the bottom 97 percent of taxpayers earn 71 percent of adjusted gross income and pay 49 percent of individual income taxes. 78 percent from 1995 until 2018, reaching an all time high of 61. Says the top 20 percent of income earners pay nearly 70 percent of all federal taxes. 4 While many factors contribute to income and wealth inequality, the role of education is a key piece of the. The Urban-Brookings Tax Policy Center estimates that some 4,000 individuals dying in 2018 will leave estates large enough to. In 2014, the top 50 percent of all taxpayers paid 97. This gave us the percentage of people earning more than each group of earners. In 2006, the latest available year from CBO, the top 20 percent of income earners paid 86. 5 percent of in the United States. These patterns are somewhat new. Figuring out how much of your monthly income should cover your mortgage can seem overwhelming. Most employees must be paid the Maryland State Minimum Wage Rate. The matches range from 2 percent of an employee’s salary to 7 percent or more, with 5 percent matches being the most prevalent (21 percent), the study finds. stack up unevenly, according to a new report by the Economic Policy Institute. 01% of all income taxes. And the rest of us are right up there. To be among the top 1 percent of U. income, but pay 87 percent of total income tax [source: Saunders]. 1 percentage points […]. Nov 29, 2017 · I always hear you need to replace 70% of your pre-retirement income in retirement. 6% of salaried people, according to the ASHE. How much will I earn in my lifetime? Most people earn a small fortune during their lifetime. In 2016, the ratio of women’s to men’s median weekly full-time earnings was 81. On the other end of the spectrum, the combined percentage of those who earn $100,000 and above is only 15 percent. ; the top 0. By contrast, the 1. In 2017, 12. In 2017, the ratio of women's to men's median weekly full-time earnings was 81. High income earners are reluctant to part with their tax breaks in part because they think of themselves as battlers, new research suggests. While illustrative, these simple comparisons do not take into account the many factors that can help explain why STEM workers tend to earn more than non-STEM workers, or why women earn less than men. Tom Harkin, D-Iowa, has introduced legislation that would raise the federal minimum wage to $9. 63 per hour. Housing Markets Home Prices Outpacing Wages in 40 percent of U. The highest 1 percent of earners in the United States saw their share of income grow some 70 percent between 1979 and 2016, even after taxes and government transfers are taken into account. stack up unevenly, according to a new report by the Economic Policy Institute. it's time for congress to come together and ensure people earn a decent wage. Tipped Employees Tipped Employees (earning more than $30 per month in tips) must earn the State Minimum Wage Rate per hour. The same report also found that women made up just 11 percent of top earners and 26. As Reeves shows, even if the top tax rate on household income over $470,700 went back up to 50 percent, where it was for the highest earners in the mid-'80s, it would only raise an additional. 1% by wealth, you need a net worth of ~$30,000,000. Here's one way American income breaks down, including state-by-state results. dollars per hour, although the minimum wage varies from state to state. 5 percent with private insurance coverage. — The Actual Income Distribution in the annual income and it shows you what "percent" you are in the US. 06 percentage points. We've offered two possible rankings – by income and by wealth. After accounting for all taxes, in fact, “The nationwide average effective state and local tax rate is 11. How much will I earn in my lifetime? Most people earn a small fortune during their lifetime. Scan the map or search the list below it to learn more about the top 1 percent and income inequality in your state. About 70 percent of minimum wage employees, however, work fewer than 35 hours per week and thus earn proportionately less, according to federal labor statistics. The total represents 16 percent of all people in the United States in that age range in 2007. However, the threshold varies significantly among states. 5 percent in 2016, according to estimates released today by the Bureau of Economic Analysis. On a percent-of-the-whole basis, here's how all that income breaks down. Income is highly concentrated under either measure, however. Myriad forces shape people's income class and their views on where they rank alongside other Americans. Any family earning at least $422,000 a year ranks among the top one percent of earners nationwide. The report defines low-income working families as those earning less than twice the federal poverty line. 5 per cent racial wage gap. x When they decide. Not surprisingly, it takes a much higher income to crack the top 1 percent of wage earners in just the United States. 1 percentage points in 2016. 8% of its income in taxes into the federal coffers. Housing Markets; Home Prices Less Affordable. 2017 to compare to household income percentiles in the full year. 7% of the population aged 15 and over reported income taxes.