Is Your Household Income Below your state’s Median?

Median Income Update November 1, 2022 - Bankruptcy Means Test

The means test initially looks to see if your household income is above or below median for a household your size in your state.
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Updated: 2022-10-26
State Exemption Updates
 
Income and Expense Standards - Your County, Your State - For Bankruptcy Means Test - For Cases Filed On or After November 1, 2022

Every April and November, the Department of Justice updates the state median income numbers to be used in the bankruptcy means test.

Whether your total income is low enough to automatically qualify for file for Chapter 7 bankruptcy may depend on what state you live in.

Use the free means test calculator to find out.

Median income varies widely from state to state, from a very high in DC and Connecticut, to very low in Mississippi, West Virginia,  and New Mexico.

(Source: table of median income numbers for all states, for cases filed on or after November 1, 2022.)


Jurisdictional relevance: ST

There are versions of this article for each State.

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