Census Bureau data on income and poverty shows another bleak year for the American middle class

September 19, 2014

The U.S. median income in 2013 was $51,939, which according to Quartz, isn’t too bad at first glance.

 

But a deeper analysis shows bad news. Inflation-adjusted U.S. median household incomes are still about 1 percent below where they were in 1989. This means that despite recovery in job growth after the Great Recession, real wage growth remains virtually nonexistent. Meanwhile, salaries on the high end of the spectrum have rebounded quite nicely.

 

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