The U.S. Census Bureau's recent report reveals a notable increase in median household income to $80,610 in 2023, marking the first rise since 2019.
While median household incomes increased nationally, the gains were uneven, with states like Maryland experiencing declines, highlighting disparities in economic recovery.
South Dakota emerged as a standout with a remarkable 17% increase in median household income, reflecting significant growth in the region's economy.
In contrast, while the overall workforce grew by 2.2 million, not all states benefitted equally, as evidenced by multiple states experiencing income drops.
#median-household-income #us-census-bureau #economic-recovery #income-disparities #state-income-growth
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