Tuesday, April 5, 2011

Annual Income Survey Results

The results of PFStock's latest income survey are in. For a while now, I've had an annual income poll in the sidebar of PFStock that asks readers to respond to the question: "How much do you make?" In total, there were 85 responses to this poll. So, here are the latest poll results:

How Much Do You Make (April 2011 Results)

Annual Income% of PFStock Readers
less than $50k 8%
$50k-$99k 25%
$100k-$149k 27%
$150k-$199k 11%
$200k-$249k 8%
$250k and higher 18%

Note that the percentages do not add up to 100% due to rounding. From these statistics, I found it interesting that a large percentage of my readers fall into the higher income categories. More than 60% of PFStock readers have an income greater than $100,000 per year. Does anybody have a comment on this statement?

The last time that I published annual income survey results was in my July 2010 post on the topic. I also found similar results then. Because the 2011 and 2010 surveys covered different income ranges, it is not straightforward to make a side-by-side comparison. However, I made some simplifying assumptions and constructed this table from the two polls.

Annual income of PFStock readers 2010 vs. 2011

Annual Income 2010 Survey 2011 Survey
less than $50k 17%8%
$50k-$99k26% *25%
$100k-$149k 20% *27%
$150k and higher 34%37%

*Note: For the 2010 survey, the $75k-$124k range was split and divided between the $50k-99k and $100k-$249k ranges. The percentages do not add up to 100% due to rounding.

From these statistics, I see that there is a bit of a shift toward the higher income ranges. Does this mean that the economy is starting to recover in 2011?

Here are some other interesting related posts:

Annual Income Survey (2/10)
How much do you make? (4/09)
Net Worth Update (8/09)
Net Worth Comparison (6/08)
Are You Wealthy? (3/08)
Calculating Net Worth (9/06)