SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549




                                FORM 10-Q/A


                     AMENDMENT TO SECTION 13 OR 15 (d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934


                            UNITED INCOME, INC.
           (Exact Name of Registrant as specified in its Charter)



                                  0-18540
                                  File No.



The undersigned registrant hereby  amends the September 30, 1996 filing of
Form 10-Q to include Exhibit 27, the Financial Data Schedule.

Pursuant  to the requirements of  the Securities Exchange  Act of1934, the
registrant  duly caused this  amendment to be  signed on its behalf by the
undersigned, thereunto duly authorized.



                                        UNITED INCOME, INC.
                                           (Registrant)




                                   By:  /s/ James E. Melville
                                        James E. Melville
                                        Chief Financial Officer and
                                          Senior Executive Vice
                                          President



Date:   February 13, 1997

        This report contains
        2 pages.


<TABLE> <S> <C>

<ARTICLE> 7
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   9-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995
<PERIOD-END>                               SEP-30-1996             SEP-30-1995
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                     123,167                 183,191
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                 123,167                 183,191
<CASH>                                         410,431                 303,055
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                               0                       0
<TOTAL-ASSETS>                              12,899,418              15,257,330
<POLICY-LOSSES>                                      0                       0
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                902,300                 902,300
                                0                       0
                                          0                       0
<COMMON>                                       740,010                 656,256
<OTHER-SE>                                  11,256,496              13,557,707
<TOTAL-LIABILITY-AND-EQUITY>                12,899,418              15,257,330
                                           0                       0
<INVESTMENT-INCOME>                             69,403                  66,497
<INVESTMENT-GAINS>                               2,599                       0
<OTHER-INCOME>                               1,503,434               1,630,820
<BENEFITS>                                           0                       0
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                                 0                       0
<INCOME-PRETAX>                                292,107                 174,661
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (297,464)               (260,225)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (297,464)               (260,225)
<EPS-PRIMARY>                                    (.01)                   (.01)
<EPS-DILUTED>                                    (.01)                   (.01)
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0
        

</TABLE>



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