U.S. incomes rebound toward pre-pandemic levels as inflation lingers
TL;DR
New Census-backed data show median U.S. household income rising in 2024 across major groups: Asians $126,300 (up 1.6%), White households $96,710 (up 2.9%), Hispanic households $73,260 (up 1.1%), and Black households $59,980 (up 4.8%). The gains suggest incomes are returning toward pre-pandemic levels despite ongoing inflation, though disparities by race remain sizable.
- American incomes finally top pre-pandemic levels, fighting against inflation all the way AP News
- US household income top pre-pandemic levels for the 1st time as Americans struggle with inflation ABC News - Breaking News, Latest News and Videos
- US poverty rate dips to lowest on record, Census Bureau says Reuters
- Median US income rises to highest on record even as Americans feel affordability pinch CNN
- American Incomes Hit Record Last Year as Women Gained Ground WSJ
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