Median household income continues to rise, according to Sentier Research, climbing to $63,688 in January 2019. This was 4.6 percent higher than the January 2000 median, after adjusting for inflation. It was the highest median yet measured by Sentier's household income series, which began in January 2000. 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 January 2019 median was 3.0 percent higher than the January 2018 median, after adjusting for inflation. It was 15.7 percent higher than the post-Great Recession low reached in June 2011 ($55,038)—a bottom hit two years after the official end of the Great Recession.
Sentier's Household Income Index in January 2019 was 104.6 (January 2000 = 100.0). To stay on top of these trends, look for the next monthly update from Sentier.
Source: Sentier Research, Household Income Trends: January 2019
No comments:
Post a Comment