US Median Household Income Rises in Year

The median household income in the United States increased by 6.8% in 2019, for the second consecutive year, with the number of people in poverty decreasing, data by the US Census Bureau’s annual report showed on Tuesday.

The median household income for last year stood at $68,703 compared with $64,324 in 2018.

Poverty rate decreased to 10.5% last year, from 11.8% in the prior year.