Figure A

Despite recent gains, disparities in income continue to harm families of color: Real median household income by race and ethnicity, 2002–2024

Year White  Black  Hispanic  Asian  White-imputed   Black-imputed  Hispanic-imputed  Asian-imputed  White  Black  Hispanic  Asian  White  Black  Hispanic  Asian 
2002 $77,460  $47,940  $54,670  $86,910  $80,189  $48,948  $52,973  $93,799 
2003 $77,290  $47,960  $53,380  $90,110  $80,013  $48,969  $51,723  $97,253 
2004 $77,190  $47,500  $54,090  $90,760  $79,909  $48,499  $52,411  $97,954 
2005 $77,900 $47,330 $55,170 $93,710  $80,644  $48,326  $53,457  $101,138
2006 $78,140  $47,650  $56,320  $95,750  $80,893  $48,652  $54,572  $103,340 
2007 $79,820  $49,290  $56,210  $96,070  $82,632  $50,327  $54,465  $103,685 
2008 $77,850  $47,970  $53,150  $92,020  $80,593  $48,979  $51,500  $99,314 
2009 $76,660  $45,860  $53,540  $92,150  $79,361  $46,825  $51,878  $99,455 
2010 $75,620  $44,610  $52,250  $89,230  $78,284  $45,548  $50,628  $96,303 
2011 $74,620  $43,400  $52,020  $87,710  $77,249  $44,313  $50,405  $94,663 
2012 $75,320  $44,020  $51,530  $90,680  $77,974  $44,946  $49,930  $97,868 
2013 $76,070  $45,160  $53,470  $87,550  $78,750  $46,110  $51,810  $94,490  $78,750  $46,110  $51,810  $94,490 
2014 $77,550  $45,560  $54,690  $95,630  $77,550  $45,560  $54,690  $95,630 
2015 $81,080  $47,530  $58,150  $99,390  $81,080  $47,530  $58,150  $99,390 
2016 $83,040  $50,420  $60,870  $104,000  $83,040  $50,420  $60,870  $104,000 
2017 $85,500  $50,510  $63,340  $102,000  $85,500  $50,510  $63,340  $102,000  $85,530  $49,950  $63,140  $102,050 
2018 $86,880  $50,870  $63,280  $107,200 
2019 $92,180  $55,070  $68,010  $119,000 
2020 $90,430  $55,210  $66,480  $114,200 
2021 $89,550 $55,450 $66,570 $116,400
2022 $86,410 $56,350 $66,950 $115,900
2023 $91,360 $57,950 $67,240 $115,800
2024 $92,530 $56,020 $70,950 $121,700
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Economic Policy Institute

Note: 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. White refers to non-Hispanic whites, Black refers to Black alone, Asian refers to Asians alone, and Hispanic refers to Hispanics of any race. Shaded areas denote recessions. Estimates are in 2024 dollars.

Source: EPI analysis of United States Census Bureau Income in the United States: 2024 (Table A-2).

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