U.S. Household Incomes Over 50+ Years: The Great Divide

Published on September 17, 2025

The Census Bureau recently released its annual report on household income data for 2024. During 2024, the median (middle) average household income rose 4.5% to $84,390. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.

The Census Bureau recently released its annual report on household income data for 2024. The mean (average) household income for the middle quintile rose 4.5% to $84,390. Let's take a closer look at the quintile averages, which date back to 1967, along with the statistics for the top 5%.

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