Median Household Income Stable in August 2016

Median household income in August 2016 stood at $57,380, according to Sentier Research, which was not significantly different from the July 2016 median, after adjusting for inflation. The August 2016 median was 0.6 percent higher than the August 2015 median and 9.5 percent above the $52,424 median of August 2011, which was the low point in Sentier's household income series. 

"There has been a general upward trend in median household income since the post-recession low point reached in August 2011," reports Sentier. Its median household income estimates are derived from the Census Bureau's monthly Current Population Survey.

Median household income in August 2016 was 2.1 percent higher than the median of June 2009, which marked the end of the Great Recession. It was not significantly different from the median of December 2007, the start of the Great Recession. The August 2016 median was 0.9 percent below the median of January 2000. The Household Income Index for August was 99.1 (January 2000 = 100.0).

Source: Sentier Research, Household Income Trends: August 2016