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The Distribution of Household Income, 2016

In 2016, average income before accounting for means-tested transfers and federal taxes was $21,000 for the lowest income quintile (fifth) of U.S. households and $291,000 for the highest quintile. Those transfers and taxes increased average household income toward the bottom of the income distribution and reduced income toward the top of the distribution. After accounting for the effects of transfers and taxes, CBO estimates that average household income for the lowest and highest quintiles was $35,000 and $214,000, respectively.

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MAJOR RECURRING REPORTS

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The 2019 Long-Term Budget Outlook

Total Deficits and Surpluses

Updated Budget Projections: 2019 to 2029

Options for Reducing the Deficit: 2019 to 2028

The Distribution of Household Income, 2016

CBO's Work in Progress as of July 2, 2019

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Monthly Budget Review for June 2019

Federal Mandatory Spending for Means-Tested Programs, 2009 to 2029

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Fair-Value Estimates of the Cost of Federal Credit Programs in 2020

The White House, Washington DC

An Analysis of the President’s 2020 Budget

Federal Health Insurance Subsidies

Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2019 to 2029

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Report on the Troubled Asset Relief Program—April 2019

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The Congressional Budget Office's Work in 2018: A Report to the Congress

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Expired and Expiring Authorizations of Appropriations: Fiscal Year 2019

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Legislation Enacted in the 115th Congress That Affects Mandatory Spending or Revenues

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Federal Debt and the Statutory Limit, February 2019

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Final Sequestration Report for Fiscal Year 2019

The Pentagon

Long-Term Implications of the 2019 Future Years Defense Program

Projected Costs of U.S. Nuclear Forces, 2019 to 2028

Transparency at CBO: Future Plans and a Review of 2018

The Accuracy of CBO's Baseline Estimates for Fiscal Year 2018

An Analysis of the Navy's Fiscal Year 2019 Shipbuilding Plan

Public Spending on Transportation and Water Infrastructure, by Level of Government

Public Spending on Transportation and Water Infrastructure, 1956 to 2017

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CBO’s 2018 Long-Term Projections for Social Security: Additional Information

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CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts

Forecast Minus Actual Growth of Inflation-Adjusted Output: Two-Year Forecasts

CBO’s Economic Forecasting Record: 2017 Update

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A Review of CBO’s Activities in 2014 Under the Unfunded Mandates Reform Act

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Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014

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