Median household income did not change significantly between September and October 2019, after adjusting for inflation. The $66,465 October median was almost identical to the September 2019 median, according to Sentier Research. Sentier's estimates are derived from the Census Bureau's Current Population Survey and track the economic wellbeing of households on a monthly basis.
"Real median household income has continued to display an upward trend over the past 12 months (up 3.3 percent)," says Sentier's Gordon Green, "and especially since the low point reached in June 2011 (up 18.6 percent)." At the June 2011 low point—two years after the official end of the Great Recession— median household income was just $56,036.
Sentier's Household Income Index for October 2019 was 107.2 (January 2000 = 100.0). In other words, the October 2019 median, after adjusting for inflation, was just 7.2 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: October 2019
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