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Median Household Income Tops $61,000

Tuesday, October 30, 2018

Median household income climbed to $61,372 in 2017, according to the Census Bureau's Current Population Survey. This is 1.8% higher than the 2016 median, after adjusting for inflation. But not all age groups made gains. The youngest adults – householders under age 25 – saw their median household income fall by 5.8% between 2016 and 2017. Householders aged 25 to 34 struggled to keep up, their median income rising by just 0.1% after adjusting for inflation. Here are the 2016-17 changes in median household income by age of householder...

Median household income 2017 (% change 2016-17; in 2017$)
Under age 25: $40,093 (-5.8%)
Aged 25 to 34: $62,294 (+0.1%)
Aged 35 to 44: $78,368 (+3.0%)
Aged 45 to 54: $80,671 (+2.3%)
Aged 55 to 64: $68,567 (+2.9%)
Aged 65-plus: $41,125 (+1.1%)

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