Inflation Erodes Wage Gains, Median U.S. Household Income Stalls At $83,730 In 2024, Census Bureau Finds
Microsoft News
Inflation Erodes Wage Gains, Median U.S. Household Income Stalls At $83,730 In 2024, Census Bureau Finds
Median household income in the U.S. stalled last year as inflation offset wage gains, the Census Bureau reported Tuesday, according to The Wall Street Journal. Adjusted for rising prices, median household income was $83,730 in 2024, unchanged from 2023 and roughly the same as in 2019. High-income households saw a 4.2% gain, while middle- and ...
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