WASHINGTON (AP) – The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday, a stark illustration of the impact that the pandemic inflation spike had on Americans’ finances.

The report also showed that the highest-earning households received healthy inflation-adjusted income increases, while middle- and lower-income households saw little gain. PBN Branded Content

Unlocking Sales Tax Savings: What New England Manufacturers Need to Know

Manufacturers operating in Connecticut, Massachusetts, or Rhode Island, may have unknowingly paid sales and use… Learn More

Median household income, adjusted for inflation, in 2024 was $83,730, the Census Bureau said, a 1.3% increase from the previous year’s level of $82,690. Th

See Full Page