U.S. median household income hits record high |
| U.S. median household income rose 2.6% to an inflation-adjusted record of $87,460 in 2025, its highest level since the Census Bureau began tracking the measure in 1967. However, median earnings for full-time, year-round workers were little changed, while elevated costs for groceries, utilities, housing, gasoline, and other essentials continued to put pressure on household finances. The poverty rate fell from 10.7% to 10.2%, while child poverty declined one percentage point to a record-low 13.4%. The uninsured rate remained broadly unchanged at 7.9%. Women’s median earnings increased 3.2%, with women working full-time, year-round earning 83.9% of their male counterparts’ earnings, up from 80.6% in 2024. Health insurance trends were mixed, with Medicare coverage increasing 0.6 percentage points to 20.1% of the population, while Medicaid coverage declined 0.5 percentage points to 17.1%. Future changes to Medicaid and Affordable Care Act subsidies are expected to increase the number of uninsured Americans in 2026 and subsequent years. |
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