Census: Household income barely rises

U.S. median household income rose slightly in 2024—the bump may still be 'economically meaningful,' economist says

The median American household income increased by just over $1,000 between 2023 and 2024, according to the Census Bureau.

Income Inequality Is Going in the Wrong Direction Again

After widening for decades, the gap narrowed thanks to pandemic-era government spending. But now we’re reverting to the status quo.

Census: Household income barely rises

WASHINGTON — The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday, a stark illustration of the impact that the pandemic inflation spike had on Americans' finances.

U.S. household income rose slightly last year, roughly matching 2019 level

The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday, as stubbornly high inflation offset wage gains.

Median Household Income Saw Little Growth Under Biden

Americans’ median household income grew less than 3% — about $2,150 — during the Biden administration, according to new Census Bureau figures released Tuesday. Former President Joe Biden faced the fallout from the Covid-19 pandemic and high inflation. Adjusted for inflation, median household income didn’t return to its pre-pandemic peak until 2023. Last year, it held flat at $83,730. “Household income and earnings kept pace with inflation,” said…

U.S. household income nearly unchanged since 2019, census finds

Census data shows U.S. median household income barely rose in 2024, leaving middle-class earnings flat since 2019 despite easing inflation.