One in six married parents made 200k/yr or more in 2018

As ever, fresh from the ACS 2018 1-year estimates.

One in eight make 150-199k per year.

So for 2018, over a quarter of married parents of minor children had household incomes of 150k or higher.

The group for $100-149,999 per year, ticked up to 24% of all married parents from 23% in 2017.

In short, 51% of married parents made 100k a year or more as a household in 2018.

The 50-99k pool of married parents is still about 1/3, but just barely at 32% in 2018.  It’s evenly split between households making 50-74k and those making 75-99k.

The downward trend continues for married parents with household income of 49k per year or lower.  Only about 1/6 of all married parents fall into this range.  And yes, you’ll note it’s about the same as the total pool of 200k+ households.

Eight years ago in 2010, the breakdown was very different, even though the number of married parent couples was about the same (a bit under 23m instead of a bit more than 22m)

200k- 7% nationally

150-199k- 7.5% nationally

100-149k- 20% nationally

50k-99k- 37.5% nationally

49k or lower-28% nationally

For 2018 67% or 2/3 of all married parents had household incomes of 75k per year or higher.   

We’re in for a rocky ride for 2019 and 2020.  We’ll likely see 70% of married parents above 75k in 2019’s numbers and then the year after that a drop (but not a very big one, married parents weren’t the ones bodyslammed by job losses from the economy stoppages related to Wuhan coronavirus), but the family median will plunge, as solo parent families took it on the chin very hard.  Trends continue until they don’t and black swans are notable for their recurrence and their rarity.

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