Median US household income stayed essentially flat in 2018 at $63,200, according to new data released by the Census Bureau.
Median US household income stayed essentially flat in 2018 at $63,200, according to data released by the Census Bureau on Tuesday.
But the poverty rate fell slightly to 11.8% last year, down from 12.3% the year before.The report provides a look at how Americans' pocketbooks have fared in the first half of the Trump administration. Median income edged up 1.8% in President Donald Trump's first year in office but has plateaued despite a strong job market and historically low unemployment.Employers added nearly 2.7 million jobs in 2018, compared to 2.2 million in 2017.
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