Your annual income is the total amount of money a person or a business earns during the year. This includes all money generated through all income sources, such as salaries and wages, rental ...

The average salary in the U.S. is $63,795, according to the latest data from the Social Security Administration. How your salary compares will depend on your industry and skilI set, as you'd expect.

A $56,680 median annual income comes out to $4,723 per month. This isn't a lot to live on, especially if you live in some of ...