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U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007
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Contributor | RP |
Last Edited | RP Sep 13, 2016 11:00am |
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Category | Report |
Author | Nick Timiraos |
News Date | Tuesday, September 13, 2016 03:55:00 PM UTC0:0 |
Description | The Census Bureau reports the largest annual gain since it began releasing such data in 1967
Incomes in the U.S. surged in 2015, delivering the first increase for family households in eight years.
The median annual household income—the level at which half are above and half are below—rose 5.2% from a year earlier, or $2,800, after adjusting for inflation, to $56,500, the Census Bureau said Tuesday. |
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