America’s Median Household Income Rises Slightly, Poverty Rate Declines

America’s Asian households experienced an increase in median income of 5.1 percent, while Hispanic households saw 5.5 percent.

A tax return form from the Internal Revenue Service, in a file photo. Joe Raedle/Getty Images/TNS

In a population survey released on Sept. 9, the Census Bureau revealed that America’s median household income rose by more than $1,000 from 2023 to 2024—from $82,690 to $83,730.

While the nation’s official poverty level dropped 0.4 percent to 10.6 percent in 2024, there were still 35.9 million people living in poverty.