Income inequality dipped, more people had college degrees, fewer people moved to a different home and the share of Asian and Hispanic residents increased in the United States last year, according to figures released Thursday by the U.S. Census Bureau.

What You Need To Know • Income inequality in the United States fell nationwide by nearly a half percent from 2023 to 2024 • Median household income rose slightly, from $80,002 to $81,604 • The United States became more demographically diverse • Last year, only 11% of U.S. residents moved to another home, compared to 11.3% in the previous year

These year-to-year changes, big and small, from 2023 to 2024 were captured in the bureau's data from the American Community Survey, the largest annual audit of American life. The survey of 3.5

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