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The meaning of INCOME is a gain or recurrent benefit usually measured in money that derives from capital or labor; also : the amount of such gain received in a period of time. National income, measured by statistics such as net national income (NNI), measures the total income of individuals, corporations, and government in the economy. INCOME definition: 1. money that is earned from doing work or received from investments: 2. a company's profit in a…. Learn more. Income is money, property or services you earn through work, investments and other means. Most income is taxable unless it’s specifically exempted by law. This report presents estimates on income, earnings, and inequality in the United States for calendar year 2024, based on information collected in the 2025 and earlier Current Population Survey Annual Social and Economic Supplements (CPS ASEC) conducted by the Census Bureau.
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