Median household income in February 2019 was $63,378, according to Sentier Research. This median is slightly less than the January 2019 record high, after adjusting for inflation. Behind the decline is February's 0.2 percent uptick in the Consumer Price Index. Sentier's estimates are derived from the Census Bureau's Current Population Survey and track the economic wellbeing of households on a monthly basis.
The February 2019 median was 1.9 percent higher than the February 2018 median, after adjusting for inflation. It was 15.0 percent higher than the post-Great Recession low reached in June 2011 ($55,134)—a bottom hit two years after the official end of the Great Recession.
Sentier's Household Income Index for February 2019 was 103.9 (January 2000 = 100.0). In other words, after adjusting for inflation, the February 2019 median was just 3.9 percent higher than the median of January 2000—almost two decades ago. To stay on top of these trends, look for the next monthly update from Sentier.
Source: Sentier Research, Household Income Trends: February 2019
No comments:
Post a Comment