The U.S. Census Bureau announced earlier this month that real median household income showed no statistically significant change in 2013 compared with 2012.
Median household income was $51,939 in 2013, compared with $51,759 in 2012. The findings come from the bureau’s report “Income & Poverty in the United States: 2013.” The report is based on information collected in the bureau’s 2014 Current Population Survey Annual Social & Economic Supplement.
Other highlights on income in the U.S.:
• This is the second straight year that the annual change in income wasn’t statistically significant. That followed two consecutive years of declines in median household income.
• In 2013, real median household income was 8 percent lower than in 2007, the year before the most recent recession.
• The real median income of Hispanic households rose by 3.5 percent between 2012 and 2013, while for non-Hispanic white, black and Asian households the changes between 2012 and 2013 weren’t statistically significant.
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