Monday , 24 June 2019


U.S. Median Household Income Rose To Record High In 2018

“2018 to date has seen a remarkably strong growth trend in median household income in the U.S….setting new record highs in each of the last eleven months in both nominal and inflation-adjusted terms.”

Prepared by Lorimer Wilson, editor of munKNEE.com – Your KEY To Making Money! 

[Editor’s Note: This version* of the original article by Ironman has been edited ([ ]), restructured and abridged (…) by 51% for a FASTER – and easier – read. Please note: This complete paragraph must be included in any re-posting to avoid copyright infringement.]

“Median household income in the United States rose to $63,554 in November 2018, a 0.5% increase over the Sentier Research’s estimate of $63,220 for October 2018.

The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through November 2018. The inflation-adjusted figures are presented in terms of constant November 2018 U.S. dollars.

(Click on image to enlarge)

Median Household Income in the 21st Century: Nominal and Real Estimates, January 2000 to November 2018

[However,] November 2018 saw the year-over-year growth rate of nominal median household income in the U.S. tick down from October 2018’s record high value for the monthly data series, which extends back to January 2001.

(Click on image to enlarge)

Median Household Income in the 21st Century: Year Over Year Growth Rate, January 2001 to October 2018

Overall, with just December 2018’s data left to be processed to close out the year, it appears that 2018 is set to become one of the best years ever for income gains for typical American households.”

(*The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.)

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