REAL MEDIAN INCOME ROSE BY A RECORD 6.8% IN 2019

KEY POINTS:

  • Real median income rose by 6.8%, or $4,400, to $68,700 in 2019.
  • This was the largest increase in real median household income on record.
  • Median household income grew by 5.9% for White Americans, 7.1% for Hispanic Americans, 7.9% for African Americans, and 10.6% for Asian Americans.
  • Since 2019, median household income has risen 9.2% showing that the trend has been accelerating.
Source