Tuesday, October 15, 2024

US Household Income 10-15-24

US Median Household Income peaked in 2019 at $81,610. It followed inflation since 1984 at $59,930 and rose to $78,171 in 2024. 

Year     $Income

2024      78171      Biden

2023      80610

2022      77540

2021      79260

2020      79560      Trump

2019      81210

2018      75790

2017      73810

2016      73520     Obama

2015      71000

2014      67360

2013      68220

2012      65740

2011      65750

2010      66730

2009      68340

2008      68780     Bush 1

2007      71210

2006      70080

2005      69310

2004      68250

2003      68350

2002      68310

2001      68870

2000      70020

1999      70210     Clinton

1998      68470

1997      66050

1996      64710

1995      63770

1994      61800

1993      61150

1992      61450     Bush 2

1991      61960

1990      63830

1989      64610

1988      63530     Reagan

1987      63060

1986      62280

1985      60050  

1984      58930

https://fred.stlouisfed.org/series/MEHOINUSA672N

Comments

Reagan moved the Household Income from $58,930 to $63,530 from 1984 to 1988. Bush 1 took it down from 64,610 to 61,450. Clinton moved it up from $61,150 to $70,210 from 1993 to 1999. Bush 2 took it down from 70,020 to $68,780 from 2000 to 2008. Obama took it up from $68,340 to $73,520 from 2009 to 2016. Trump took it up from $73,810 to $81,210 in 2000. Biden took it down from $79,260 to $78,171 from 2021 to 2024.

Norb Leahy, Dunwoody GA Tea Party Leader

 

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