Income

Real median household income, all and nonelderly, 1995–2018

All households All households- imputed series All households- new series All households- newest series Nonelderly households Nonelderly households- imputed series Nonelderly households- new series Nonelderly households- newest series
1995 $55,931 $57,704 $64,256 $66,254
1996 $56,744 $58,543 $65,456 $67,491
1997 $57,911 $59,747 $66,300 $68,361
1998 $60,040 $61,943 $69,014 $71,160
1999 $61,526 $63,476 $70,762 $72,962
2000 $61,399 $63,345 $71,112 $73,322
2001 $60,038 $61,941 $69,989 $72,165
2002 $59,360 $61,241 $69,299 $71,453
2003 $59,286 $61,165 $68,665 $70,799
2004 $59,080 $60,952 $67,861 $69,970
2005 $59,712 $61,604 $67,395 $69,491
2006 $60,178 $62,085 $68,324 $70,448
2007 $60,985 $62,918 $68,649 $70,783
2008 $58,811 $60,675 $66,397 $68,461
2009 $58,400 $60,250 $65,491 $67,526
2010 $56,873 $58,676 $63,799 $65,782
2011 $56,006 $57,781 $62,256 $64,192
2012 $55,900 $57,671 $62,842 $64,795
2013 $56,079 $57,856 $57,856 $63,107 $65,069 $65,069
2014 $56,969 $64,194
2015 $59,901 $67,138
2016 $61,779 $69,572
2017 $62,868 $62,626 $71,325 $70,944
2018 $63,179 $71,659
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Notes: Because of a redesign in the CPS ASEC income questions in 2013, we imputed the historical series using the ratio of the old and new method in 2013. Solid lines are actual CPS ASEC data; dashed lines denote historical values imputed by applying the new methodology to past income trends. The break in the series in 2017 represents data from both the legacy CPS ASEC processing system and the updated CPS ASEC processing system. Nonelderly households are those in which the head of household is younger than age 65. Shaded areas denote recessions.

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

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