Was the 2019 increase in median US household income the largest in more than thirty years?
By Christopher Hutton
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YES
Real median household income grew 6.8% to $68,703 in 2019, up from $64,324 in 2018, the largest year-to-year increase since at least 1984.
This increase continues a period of economic recovery after years of stagnant household income following the 2007-2009 Great Recession. The U.S. Census notes that it marks the "fifth consecutive annual increase in median household income for family households, and the second consecutive increase for non-family households."
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