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The U.S. Census Bureau estimated that real median U.S. household income stood at $83,730 in 2024, an increase of 1.3% from $82,690 in 2023, according to its own release. Median income for family households increased by 3.0% year-over-year (y-o-y) to $108,600 in 2024. Median income for nonfamily households increased by just 0.1% y-o-y to $50,960 in 2024. The poverty rate contracted as incomes increased. The official poverty rate decreased by 0.4 percentage points from 11.0% in 2023 to 10.6% in 2024.
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Posted on Wednesday, September 10, 2025 @ 10:23 AM
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