WASHINGTON — Americans finally got a raise last year after eight years of stagnating incomes. The Census Bureau says the typical U.S. household's income rose 5.2 percent in 2015 to $56,516. That is still below the median household income of $57,423 in 2007, when the Great Recession began. The median is the point where half of households fall below and half are above. The proportion of Americans in poverty also fell sharply last year, as 2.4 million more people found full-time, year-round jobs. read more
Stories Related to Typical U.s. Household's Income Rose For First Time Since 2007 In 2015
Associated Press, Jacksonville Times-Union
Tue, 09/13/2016 - 8:02am
Sections: u.s.
Topics: Florida Duval County Jacksonville
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