Real median household income increased by $4,400 in 2019, reaching an all-time record high of $68,700. This represents a 6.8 percent one-year increase, which is the largest one-year increase in median income on record.
Minority groups—including black, Hispanic and Asian Americans—experienced the largest gains.
Income gains in 2019 were largest for minority groups. Real median income grew by 7.9 percent for black Americans, 7.1 percent for Hispanic Americans, and 10.6 percent for Asian Americans (see Figure 1). These one-year increases were all record highs, and the new income levels reached in 2019 were all record highs, as well.
Thank you, President Trump and team, for building that.
I think we can all agree that given the hit we took with the virus, we need the same team to come back and build it back, better.
Higher wages with lower taxes. 2021.