Despite a significant increase in median household incomes across the U.S., inflation continues to outpace these gains, making life harder, especially for lower-income Americans who rely heavily on essential spending.
The median household income reached nearly $75,000 in 2022, marking the largest surge since the mid-1990s, yet many Americans struggle against rising costs, particularly those earning less.
In Pennsylvania, the disparity is pronounced, with median incomes in some counties falling up to $27,000 below the statewide average, highlighting severe economic hardship for residents.
Financial hardship affects lower-earning households more acutely, as they spend a larger proportion of their income on necessities like food, housing, and gas compared to wealthier Americans.
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