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Last updated: 2026-09-21 14:36:36 ET
The number of new apartments coming online also fell dramatically from the same period last year, per HUD and the U.S. Census Bureau.
Americans’ household income hit a record high in 2025 while the poverty rate fell to its lowest level ever, according to new US Census data.
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
The data comes as the Federal Reserve is considering interest-rate increases that could slow economic growth.
An annual report from the Census Bureau shows the average family made more money in 2025 than the year before, while the official poverty rate declined. Health care coverage was little changed from 2024.
The census data released Tuesday did not include the impact of more recent cuts to social safety net programs.
The annual Census report said the improvements were fueled by upper-income households, while women’s pay gained ground compared with men.
The US Census is home to vast troves of sensitive data on nearly every person living in the country, which is used for apportioning and drawing congre...
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