Median Household Income in the United States
2024 Median Income
$83,730
Not statistically different from 2023
2023 Median Income
$80,610
+4.0% from 2022
Peak Year
2019
$83,260 (inflation-adjusted)
Growth Since 1967
+89%
Inflation-adjusted increase
What is Median Household Income?
According to the U.S. Census Bureau, median household income is "the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount." This measure provides a more accurate picture of typical American household earnings than the average (mean), as it is not skewed by extremely high or low incomes.
💡 Key Findings (2023-2024)
- Overall Income: U.S. median household income remained essentially flat at $83,730 in 2024, not statistically different from $82,690 in 2023
- Asian Households: Median income increased 5.1% between 2023 and 2024
- Hispanic Households: Median income rose 5.5% from 2023 to 2024, reaching $70,950
- Black Households: Median income declined 3.3% between 2023 and 2024
- White Households: No significant change between 2023 and 2024
- Historical Context: 2024 income levels are comparable to pre-pandemic 2019 ($83,260)
Historical Trend
← Swipe to see full chart →
Complete Historical Data (1967-2024)
All inflation-adjusted figures are expressed in 2024 dollars using the C-CPI-U (2000-2024) and R-CPI-U-RS (pre-2000) methodology.
| Year | Number of Households | Nominal Income | Real Income (2024 $) | Change from Prior Year |
|---|
Data Source: U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplements (CPS ASEC)
Official Reports: Income in the United States: 2024 | Income in the United States: 2023
Last Updated: January 2026 | Data reflects Census Bureau releases through September 2025
Official Reports: Income in the United States: 2024 | Income in the United States: 2023
Last Updated: January 2026 | Data reflects Census Bureau releases through September 2025