Median U.S. Household Income Dropped 2.8% From 2019 to 2021

By Terence P. Jeffrey | September 19, 2022 | 2:55pm EDT
(Photo by John Keating/Newsday RM via Getty Images)
(Photo by John Keating/Newsday RM via Getty Images)

(CNSNews.com) - The median household income in the United States declined 2.8 percent from 2019 to 2021, dropping from $72,808 in 2019 (in constant 2021 dollars) to $70,784 in 2021, according to newly released data from the Census Bureau.

“Real median household income was $70,784 in 2021,” says the Census Bureau in its report, “Income in the United States: 2021.”

“This estimate,” says the report, “is not statistically different from the 2020 estimate of $71,186 and 2.8 percent lower than the 2019 median, the year before the most recent recession.”

 

From 2018 to 2019, median household income in the United States had climbed by $4,640 (or 6.8 percent), rising from $68,168 to $72,808.

“Household income in 2019 was the highest since 1967,” said the report.

Meanwhile, households headed by naturalized citizens had a higher median income than households maintained by native-born citizens.

“Households maintained by naturalized citizens had the highest median household income in 2021 ($74,150), followed by native-born householders ($71,522),” said the report. “Households maintained by non-citizens had the lowest median household income ($57,132).”

Changes in household income from 2020 to 2021 varied according to the work history and demographics of the householder.

Family households did not see a significant decline in their income, while nonfamily households did.

“The 2021 real median income of family households was not statistically different from the 2020 estimate, while nonfamily households experienced a 1.9 percent decline over the same period,” said the Census Bureau. “Among family households, married couples had the highest median income in 2021 ($106,921), followed by those maintained by men with no spouse present ($70,525).

“Family households maintained by women with no spouse present had the lowest median income ($51,168),” said the report.

“Between 2020 and 2021,” said the report, “declines in median household income were experienced by nonfamily households, those with a householder aged 65 and older, those maintained by a native-born person, and those with a householder with some college.”

“The only demographic group to experience an increase in median household income between 2020 and 2021 was householders with at least a bachelor’s degree,” it said.

“Between 2020 and 2021, real median income of households maintained by a native-born person declined 1.4 percent, while the median income of households maintained by a foreign-born person was not statistically different from 2020,” it said.

“Households maintained by naturalized citizens had the highest median household income in 2021 ($74,150), followed by native-born householders *$$71,522),” said the report. “Households maintained by non-citizens had the lowest median household income ($57,132.)

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