Household Income of Americans Fell in 2020 for First Time Since 2011: Census Bureau

Household Income of Americans Fell in 2020 for First Time Since 2011: Census Bureau
A man walks out of a Marc’s Store in Mayfield Heights, Ohio, on Jan. 8, 2021. Tony Dejak/AP Photo
Katabella Roberts
Updated:

The household income of Americans fell last year as COVID-19-related lockdowns wreaked havoc on the economy, according to new figures from the Census Bureau.

The median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 and the first significant decline since 2011, the agency said in its findings published on Sept. 14 (pdf).
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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