US Household Income

Historical Real Median Household Income, Economic Growth and Unemployment

Year	Income	Change	GDP Growth	Jobless Rate
1997	$55,218	2.1%	4.5%	4.7%
1998	$57,248	3.7%	4.5%	4.4%
1999	$58,665	2.5%	4.7%	4.0%
2000	$58,544	-0.2%	4.1%	3.9%
2001	$57,246	-2.2%	1.0%	5.7%
2002	$56,599	-1.1%	1.8%	6.0%
2003	$56,528	-0.1%	2.8%	5.7%
2004	$56,332	-0.3%	3.8%	5.4%
2005	$56,935	1.1%	3.3%	4.9%
2006	$57,379	0.8%	2.7%	4.4%
2007	$58,149	1.3%	1.8%	5.0%
2008	$56,076	-3.6%	-0.3%	7.3%
2009	$55,683	-0.7%	-2.8%	9.9%
2010	$54,245	-2.6%	2.5%	9.3%
2011	$53,401	-1.6%	1.6%	8.5%
2012	$53,331	-0.1%	2.2%	7.8%
2013	$55,214	3.5%	1.7%	6.7%
2014	$54,398	-1.5%	2.6%	5.6%
2015	$57,230	5.2%	2.9%	5.0%
2016	$59,039	3.2%	1.5%	4.7%

(Table sources: "American Community Survey," Table F.6., U.S. Census, September 2017. "GDP by Year,"  "Unemployment Rate by Year."  )

Comments

US Household income has been flat for 20 years. But it rose to this level after 20 years of high inflation from the 1960s to the 1980s and we didn’t like that either. In the 1960s, $10,000 per year was a good household income.

Norb Leahy, Dunwoody GA Tea Party Leader