Middle Class Household Income Gets a Boost

The median household income has increased by 0.8 percent in the U.S., moving to $61,937 in 2019, according to a recent feature in Statista.com. While this is the highest U.S. household income that the American Community Survey  has ever recorded in absolute terms, the rate of growth has slowed compared to last year’s 2 percent uptick in median household income.

Half of the American families the Census Bureau surveyed made more than $61,937 while the other half of households made less than that. West Virginia and Mississippi were the two states with the lowest medians, falling under $45,000, while 27 other states and Puerto Rico reported U.S. income that is below the U.S. median.

Despite a household income moving up, this rising tide is not necessarily lifting all boats. The Gini index, a ratio that measures income inequality, rose significantly year-over-year, a sign that the gap between rich and poor in the U.S. is widening. Specifically, income inequality increased in nine states including Alabama, Arkansas, California, Kansas, Nebraska, New Hampshire, New Mexico, Texas and Virginia.