Median household income registered another gain in 2016. The $59,039 median household income of 2016 was 3.2 percent higher than the $57,230 median of 2015, after adjusting for inflation. This is the second year in a row of statistically significant gains in median household income since the Great Recession. Income growth was especially large for younger adults. Here are the 2015–16 changes in median household income by age of householder...
Median household income in 2016 (and % change 2015-16; in 2016 dollars)
Under age 25: $41,655 (13.9%)
Aged 25 to 34: $60,932 (4.9%)
Aged 35 to 44: $74,481 (3.0%)
Aged 45 to 54: $77,213 (3.2%)
Aged 55 to 64: $65,239 (2.6%)
Aged 65-plus: $39,823 (2.1%)
Source: Census Bureau, Income and Poverty in the United States: 2016
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