gross income

American  

noun

1. Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.

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Compare meaning

How does gross-income compare to similar and commonly confused words? Explore the most common comparisons:

• gross income vs. net income
• gross income vs. gross profit

Example Sentences

Crucially, this tax-advantaged strategy satisfies your required minimum distributions without increasing your adjusted gross income.

From MarketWatch

A family buying a median-priced home, which was then $260,000, would have spent about 28.7% of their gross income on the house, according to data from the Federal Reserve Bank of Atlanta.

From MarketWatch

But a family buying a median-priced home for $402,000 would need to spend 30% of their gross income on the house, the data showed, pushing them to an important limit: Housing costs are only considered affordable when they’re 30% or less of gross income.

From MarketWatch

A good rule of thumb for 2026 is to keep transportation costs, including car payment, insurance, gas, maintenance and repairs, at around 15% to 20% of your gross income — and to stay closer to the lower end if your cash flow is tight, said Joe Piszczor, founder of Washington Family Wealth in Washington, Penn. That means if you earn $100,000 a year, you should direct between $1,250 and about $1,670 toward monthly transportation costs.

From MarketWatch

This time, her need is more urgent because she’s back in the office and the wait could potentially be longer now that her family’s gross income is higher.

From Los Angeles Times