Real median household income, all and non-elderly, 1995–2014

All households All households- imputed series All households- new series Non-elderly households Non-elderly households- imputed series Non-elderly households- new series
1995-01-01 $52,555 $54,231 $60,378 $62,268
1996-01-01 $53,319 $55,020 $61,506 $63,431
1997-01-01 $54,417 $56,152 $62,298 $64,248
1998-01-01 $56,394 $58,193 $64,823 $66,852
1999-01-01 $57,815 $59,659 $66,493 $68,575
2000-01-01 $57,718 $59,559 $66,849 $68,941
2001-01-01 $56,460 $58,261 $65,819 $67,879
2002-01-01 $55,801 $57,580 $65,145 $67,184
2003-01-01 $55,752 $57,530 $64,573 $66,594
2004-01-01 $55,558 $57,330 $63,816 $65,814
2005-01-01 $56,172 $57,963 $63,399 $65,384
2006-01-01 $56,589 $58,394 $64,250 $66,261
2007-01-01 $57,348 $59,177 $64,554 $66,575
2008-01-01 $55,303 $57,067 $62,436 $64,391
2009-01-01 $54,933 $56,685 $61,603 $63,532
2010-01-01 $53,497 $55,203 $60,012 $61,890
2011-01-01 $52,680 $54,360 $58,559 $60,392
2012-01-01 $52,595 $54,272 $59,127 $60,978
2013-01-01 $52,779 $54,462 $54,462 $59,393 $61,252 $61,252
2014-01-01 $53,657 $60,462

 

Note: CPS ASEC changed its methodology for data years 2013 and 2014, hence the break in the series in 2013. Solid lines are actual CPS ASEC data; dashed lines denote historical values imputed by applying the new methodology to past income trends. Non-elderly households are those in which the head of household is younger than age 65. Shaded areas denote recessions.

To account for the redesign of the CPS ASEC survey, when the difference between the original data for 2013 and the redesigned data for 2013 is small in magnitude (less than a 1 percent difference) and statistically insignificantly different, data for 2013 is an average of the original and redesigned data. When the difference between them is relatively large in magnitude (1 percent or greater) or statistically significantly different, we display a break in the series and impute the ratio between them to historical data.

Source: EPI analysis of Current Population Survey Annual Social and Economic Supplement Historical Income Tables (Tables H-5 and HINC-02)

View the underlying data on epi.org.