White and non-Hispanic white households were the only racial or Hispanic-origin groups whose incomes rose significantly, growing by 5.4% and 5.7%, respectively.
Median household income in the U.S. rose to $80,610 in 2023, according to U.S. Census Bureau estimates .
While Black and Hispanic household incomes did increase, they only grew by 2.8% and 0.4% from 2022 to 2023.
The gap between Asian and white non-Hispanic household earnings shrank slightly between 2022 and 2023, while the gap between white non-Hispanic and Hispanic household incomes grew.
That figure drops to about $62,000 for Hispanic households and to about $45,000 among Black households in 2022, according to the Fed.
Organizations:
Census, Fed, National Women's Law
Locations:
U.S