Post Profile

Census Bureau: Median Incomes Rose And Poverty Levels Fell In 2016 (BUT... METHODOLOGY CHANGED)

New figures released by the Census Bureau Tuesday show median household income in 2016 was $59,039 -- more than 3 percent higher than in 2015. And because last year also saw income growth, "these are two consecutive years of strong income gains," the Census Bureau's Trudi Renwick told reporters. In fact, "that's the highest median income ever recorded, but the Census Bureau cautions that a big change in its survey in 2014 makes historic comparisons very difficult," NPR's John Ydstie reports.
read more


Related Posts

Household incomes rise 3.2% in 2016, 2nd straight increase

Business & Finance : USAToday: Money

US median household income rose 3.2% last year and poverty declined        

Median U.S. Household Income Up for 2nd Straight Year; Tops ’07 Level

News : NYTimes: News

The Census Bureau reported a gain of 3.2 percent in 2016 as the recovery delivered growing prosperity. Health coverage broadened and poverty declined.

Census Bureau: Median Incomes Rose And Poverty Levels Fell In 2016

News : The Two-Way

The number of people covered by health insurance also ticked up. The Bureau says the income growth is driven by more people finding jobs, rather than increases in salaries.

American households finally earn more than they did in 1999 

Business & Finance : Money & Co

The median U.S. household's income finally topped pre-recession levels last year and has reached an all-time high after years of sluggish growth. The Census Bureau said Tuesday that the median annual income, adjusted for inflation, ...

Middle-class Americans made more money last year than ever before

Business & Finance : Business Insider: Clusterstock

America's middle class is booming. Between 2015 and 2016, US median household income rose 3.2% from $57,230 to $59,039, according to a new report released by the U.S. Census Bureau on Tuesday. It's now the highest income year on rec...


Copyright © 2016 Regator, LLC