Median household income made historic gains from 2014 to 2016: Adjusted median income of working-age and all households, 1995–2016
| All households- imputed series | All households- new series | Working-age households- imputed series | Working age households- new series | |
|---|---|---|---|---|
| 1995 | $55,020 | $63,173 | ||
| 1996 | $55,808 | $64,338 | ||
| 1997 | $56,956 | $65,168 | ||
| 1998 | $59,036 | $67,820 | ||
| 1999 | $60,506 | $69,548 | ||
| 2000 | $60,380 | $69,890 | ||
| 2001 | $59,062 | $68,811 | ||
| 2002 | $58,384 | $68,120 | ||
| 2003 | $58,313 | $67,499 | ||
| 2004 | $58,118 | $66,717 | ||
| 2005 | $58,752 | $66,273 | ||
| 2006 | $59,208 | $67,184 | ||
| 2007 | $59,993 | $67,492 | ||
| 2008 | $57,856 | $65,280 | ||
| 2009 | $57,454 | $64,392 | ||
| 2010 | $55,961 | $62,738 | ||
| 2011 | $55,106 | $61,220 | ||
| 2012 | $55,025 | $61,823 | ||
| 2013 | $55,209 | $55,209 | $62,092 | $62,092 |
| 2014 | $54,404 | $61,304 | ||
| 2015 | $57,231 | $64,146 | ||
| 2016 | $59,039 | $66,487 | ||
Note: Because of a redesign in the Current Population Survey Annual Social and Economic Supplement (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. Working age households are those in which the head of household is younger than age 65. Shaded areas denote recessions.
Source: Adapted from Elise Gould and Julia Wolfe, “Income Growth in 2016 Is Strong, but Not as Strong as 2015 and More Uneven,” Working Economics (Economic Policy Institute blog), September 12, 2017.