The national household median income grew by about 4% between 2022 and 2023, according to the latest Census Bureau Current Population Survey estimates.
That may not seem like much, but it's the first significant annual increase Americans have seen since 2019, the Bureau reports.
From 2018 to 2019, the median household income nationally grew about 7%.
The median household income there was $81,740 in 2023, up from $69,850 in 2022, according to Census Bureau data.
That's $11,890 more, or an increase of 17%.
Organizations:
Census
Locations:
South Dakota