Thursday, April 15, 2021

Income and Poverty in the United States: 2019

"Income and Poverty in the United States: 2019

This report presents data on income, earnings, income inequality, and poverty in the United States based on information collected in the 2020 and earlier Current Population Survey Annual Social and Economic Supplements (CPS ASEC) conducted by the U.S. Census Bureau.
Highlights:
Income: 

  • Median household income was $68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324 (Figure 1 and Table A-1).
  • The 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates (Figure 1 and Table A-1). This is the fifth consecutive annual increase in median household income for family households, and the second consecutive increase for nonfamily households.
  • The 2019 real median incomes of White, Black, Asian, and Hispanic households all increased from their 2018 medians (Figure 1 and Table A-1).
  • Real median household incomes increased for all regions in 2019; 6.8 percent in the Northeast, 4.8 percent in the Midwest, 6.1 percent in the South, and 7.0 percent in the West (Figure 1 and Table A-1)..."
    Income and poverty
     

No comments: