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Real median household income peaked in 2019

Posted on 1/24/24 at 1:03 pm
Posted by DaBike
Member since Jan 2008
9011 posts
Posted on 1/24/24 at 1:03 pm
The real median household income in the US peaked in 2019 at 78,250. Since then it has been in a steady decline and is now at 74,580.

Between 2016 and 2019 it went from 70,840 to 78,250.

Bidenomics is working.
Posted by Jspaspa3303
Member since Jun 2020
2379 posts
Posted on 1/24/24 at 1:22 pm to
quote:

The real median household income in the US peaked in 2019 at 78,250. Since then it has been in a steady decline and is now at 74,580.


See !! Trump don’t know what he’s doing . We should have voted JEB! Dumb MAGA voters , let’s go back to the Bush Romney days of the party and vote Haley.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7654 posts
Posted on 1/24/24 at 1:24 pm to
What is the source for this? Not disputing it. Would just like to see the source.
Posted by DaBike
Member since Jan 2008
9011 posts
Posted on 1/24/24 at 1:28 pm to
Federal reserve real median income data. Google it
Posted by tigerfan 64
in the LP
Member since Sep 2016
3751 posts
Posted on 1/24/24 at 1:43 pm to
quote:

Bidenomics is working.

For the total reset.
Posted by YeastExtract
Member since Jul 2021
250 posts
Posted on 1/24/24 at 1:45 pm to
2016 - 2019 were peak years. Don’t forget what they took away from you.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24689 posts
Posted on 1/24/24 at 1:51 pm to
quote:

Between 2016 and 2019 it went from 70,840 to 78,250.

I wonder what was different during that time period and now. Maybe we should conduct a study to ascertain the data and details...

Posted by Ten Bears
Florida
Member since Oct 2018
3261 posts
Posted on 1/24/24 at 1:51 pm to
quote:

The real median household income in the US peaked in 2019 at 78,250. Since then it has been in a steady decline and is now at 74,580.

Between 2016 and 2019 it went from 70,840 to 78,250.

Bidenomics is working.


And what amazes me is that everywhere I go, stores and restaurants are full, as are airports.





Posted by Gifman
by the mountains
Member since Jan 2021
9242 posts
Posted on 1/24/24 at 2:33 pm to
I could live with some mean tweets about right now.
Posted by lake chuck fan
westlake
Member since Aug 2011
9131 posts
Posted on 1/24/24 at 2:37 pm to
But wait...... Trump did nothing to help the middle class.
I've read that on this site, so......
Posted by Who_Dat_Tiger
Member since Nov 2015
17408 posts
Posted on 1/24/24 at 2:38 pm to
That’s very telling if true.
Posted by Powerman
Member since Jan 2004
162209 posts
Posted on 1/24/24 at 2:39 pm to
quote:

2016 - 2019 were peak years

Odd that you would give credit to Obama but I'm not going to stop you
Posted by AUMIS01
Atlanta
Member since May 2020
1206 posts
Posted on 1/24/24 at 3:07 pm to
Wanna know how people afford to fill up restaurants, airports, etc?

The reckoning is coming and it's gonna be ugly. I haven't carried a CC balance since 2011 and I don't know how in the hell people afford 30%+ rates on their balances.
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
22932 posts
Posted on 1/24/24 at 3:11 pm to
quote:

Odd that you would give credit to Obama but I'm not going to stop you


Obama was looking for Trumps magic wand to fix it. That was his only answer to all for this. "Hey, he cant do it, theres no way. What does he have, a magic wand or somethng".

But hey, lets give him credit.

Posted by Adam Banks
District 5
Member since Sep 2009
31812 posts
Posted on 1/24/24 at 3:36 pm to
quote:

2016 - 2019 were peak years. Don’t forget what they took away from you.


Who took it away?

Who was President in 2020?
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123814 posts
Posted on 1/24/24 at 3:39 pm to
quote:

Between 2016 and 2019 it went from 70,840 to 78,250... Since then it has been in a steady decline and is now at 74,580.
Interesting. TFP.
It's info I feel like I should have known, but didn't.

So j/c, did you come across those numbers in an article, or did you look it up yourself?
Posted by EZE Tiger Fan
Member since Jul 2004
50248 posts
Posted on 1/24/24 at 3:41 pm to
quote:

Odd that you would give credit to Obama but I'm not going to stop you


Where was that magic wand Obama was looking for the previous 8 years?
Posted by tigerfan 64
in the LP
Member since Sep 2016
3751 posts
Posted on 1/24/24 at 4:12 pm to
quote:

Obama was looking for Trumps magic wand to fix it. That was his only answer to all for this. "Hey, he cant do it, theres no way. What does he have, a magic wand or somethng".

But hey, lets give him credit.

It's evident he prefers the "new normal".
Posted by Bass Tiger
Member since Oct 2014
45994 posts
Posted on 1/24/24 at 4:15 pm to
quote:

The real median household income in the US peaked in 2019 at 78,250. Since then it has been in a steady decline and is now at 74,580. Between 2016 and 2019 it went from 70,840 to 78,250. Bidenomics is working.


A household income of $150k would have been in the top 10% of household income nationally just 6-7 years ago, now it takes a household income of $120k to be considered solid middle class.
Posted by PUB
New Orleans
Member since Sep 2017
18145 posts
Posted on 1/24/24 at 4:51 pm to
Yep - $30 for a burger and fries and people are just going to town
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