The median household income in the US was $53,657 last year, not statistically significant different in real terms from the 2013 estimate, according to recent data [pdf] released by the US Census Bureau based on official national findings from the Current Population Survey. Real median household income (in 2014 dollars) has grown by about 10% over the past 30 years (from $48,664 in 1984), and has failed to recover from its peak of $57,843 in 1999.
The data provides some interesting breakouts based on age and ethnicity.
According to the Census Bureau’s age breakdown, real median household income (HHI) is:
(Householders refers to those who maintain the household.)
When sorting by race and Hispanic origin, the study indicates that:
Non-Hispanic White and Black households have not experienced a statistically significant rise in median income since 2007, and the last annual increase for Asian households was in 1999. Hispanics, though, experienced their latest annual increase in 2013.
While median household income grew by about 10% in the 30-year period between 1984 and 2014, the top percentiles have experienced far more rapid growth:
What that effectively means is that while those in the 95th percentile enjoyed a HHI 12 times greater than those in the 10th percentile back in 1984, that gap has now reached a multiple of almost 17.
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