Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Economic News

Examining the evolution of the American household

The evolving household:

evolution householdThe infographic below is an interesting study of the evolution of the American household. The average new home size has changed from 983 sf in the 1950s to 2,349 sf in the 2000s and the household income has more than doubled in dollar amount in the same time. That said, median income of $23,738 in 1950 is worth $209,254 today when accounting for inflation.

It’s interesting to scroll down and see how much larger homes get, how much more time we spend watching television and how many people in the home are employed.


Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.



  1. Doug Francis

    April 6, 2010 at 10:30 pm

    A dozen eggs cost $5.29 in the 1950’s?

    Also, is that a snapshot of Jay Thompson in the 1980’s?

    Ah, good times…

  2. Jason Stoddard

    April 7, 2010 at 10:03 am

    Lani, love the graphic presentation…this is, well, genius. Very, very cool.

    A telling set of statistics/metrics is the correlation between women in the workforce and household median income. While the latter statistic expresses relatively slow growth, the former statistic grew by 15% over a 30 year period ’70 -00.

    It is interesting to note that FIAT monetary policy in the US was implemented in 1972, just following what is reportedly one of the fastest growing scores in modern US history.

    I would be interested to see the divorce rate included in this (as it is a telling statistic when detailing division of assets (the home traditionally being the biggest of said assets,) and to determine if there is an correlation and/or inverse relationship.

    Considering the above numbers are adjusted for a flat rate of inflation (which is somewhat misleading in its own right,) it looks as though we’re working more, for less. Most of “us”, anyway.

Leave a Reply

Your email address will not be published. Required fields are marked *


American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.



Economic News

(BUSINESS NEWS) Ben Carson's initial appointment to HUD was controversial given his lack of experience in housing, but what is the pulse now?

Housing News

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as...

Housing News

(Housing News) If you own a home or are thinking of buying, you should know the factors that give you an advantage with your...

Housing News

(Housing) Realtors are tasked with being up to date on endless information, and attending the annual REALTORS Conference and Expo is a fast way...

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.