#household-income

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#economy
from Fortune
1 week ago
Miscellaneous

Even households earning over $150,000 a year are living paycheck to paycheck, Bank of America says

One in five households earning over $150,000 live paycheck to paycheck due to rising expenses and lifestyle creep.

If You Can't Pay at Least $633,000 for a House, Don't Bother Moving Here

New York has wealthy counties despite its lower national ranking in personal wealth. High incomes correlate with strong job markets and real estate values.

Americans' Inflation-Adjusted Incomes Rebounded to Pre-Pandemic Levels

U.S. median household income rebounded to near 2019 levels in 2023 after inflation spikes, marking a recovery in purchasing power for Americans.

Once Thriving, This Poor County Reflects the Struggle of Rural America

Inflation is undermining income gains for Americans, particularly affecting low-income households who spend a larger share of their earnings on essentials.

Even households earning over $150,000 a year are living paycheck to paycheck, Bank of America says

One in five households earning over $150,000 live paycheck to paycheck due to rising expenses and lifestyle creep.

If You Can't Pay at Least $633,000 for a House, Don't Bother Moving Here

New York has wealthy counties despite its lower national ranking in personal wealth. High incomes correlate with strong job markets and real estate values.

Americans' Inflation-Adjusted Incomes Rebounded to Pre-Pandemic Levels

U.S. median household income rebounded to near 2019 levels in 2023 after inflation spikes, marking a recovery in purchasing power for Americans.

Once Thriving, This Poor County Reflects the Struggle of Rural America

Inflation is undermining income gains for Americans, particularly affecting low-income households who spend a larger share of their earnings on essentials.
moreeconomy
#economic-analysis

Are you considered middle class in California? Use this income calculator to find out

Over half of U.S. adults belong to middle-income households, but the definition of 'middle class' varies by location and size.

Household Income in This State Rose 17% Last Year

South Dakota experienced a remarkable 17% increase in median household income, attributed primarily to agricultural success, despite varying economic factors.

Are you considered middle class in California? Use this income calculator to find out

Over half of U.S. adults belong to middle-income households, but the definition of 'middle class' varies by location and size.

Household Income in This State Rose 17% Last Year

South Dakota experienced a remarkable 17% increase in median household income, attributed primarily to agricultural success, despite varying economic factors.
moreeconomic-analysis
#inflation

US household income increases for first time in 4 years

Median household incomes grew in 2022 but remain below pre-pandemic levels, highlighting ongoing economic challenges.

Inflation cooling streak continued in August, hitting a 3-year low

U.S. inflation has eased significantly, hitting a three-year low, influencing Federal Reserve interest rate policies and the political climate heading into the presidential race.
from Fast Company
1 month ago

Americans' median household income rose in 2023-the first time since before the pandemic

U.S. median household income bounced back to 2019 levels in 2023, helping restore purchasing power despite enduring significant inflation.
from Fortune
1 month ago

The gender pay gap just grew for the first time in decades

Median household income returned to pre-COVID levels, showing recovery post-pandemic amid declining inflation.

How accurate are Jeremy Hunt's claims about the UK economy?

Britain's economy emerged from the pandemic in a worse state of growth compared to other major world players.

Joe Biden's ex-chief of staff finally admits it: Inflation is clobbering us

Inflation remains high despite moderation, impacting people's budgets.
Median-income households have experienced a significant loss in purchasing power under Biden's presidency.
from www.ocregister.com
1 month ago

US household income increases for first time in 4 years

Median household incomes grew in 2022 but remain below pre-pandemic levels, highlighting ongoing economic challenges.

Inflation cooling streak continued in August, hitting a 3-year low

U.S. inflation has eased significantly, hitting a three-year low, influencing Federal Reserve interest rate policies and the political climate heading into the presidential race.

Americans' median household income rose in 2023-the first time since before the pandemic

U.S. median household income bounced back to 2019 levels in 2023, helping restore purchasing power despite enduring significant inflation.

The gender pay gap just grew for the first time in decades

Median household income returned to pre-COVID levels, showing recovery post-pandemic amid declining inflation.

How accurate are Jeremy Hunt's claims about the UK economy?

Britain's economy emerged from the pandemic in a worse state of growth compared to other major world players.

Joe Biden's ex-chief of staff finally admits it: Inflation is clobbering us

Inflation remains high despite moderation, impacting people's budgets.
Median-income households have experienced a significant loss in purchasing power under Biden's presidency.
moreinflation

Boomers Are Flocking to These Islands, and You Can Buy a Home on One for Less Than $30K Upfront

Many retirees are drawn to island living for its beauty and relaxed lifestyle.
Florida and Carolinas feature significant numbers of retiree-friendly island communities.
#child-poverty

Almost 230,000 children lack basic items such as strong shoes, a warm coat and nutritious meals - ESRI

Nearly 250,000 children in Ireland are facing material deprivation, indicating a significant rise in child poverty.

Calls for increased supports as ESRI report reveals one in five children living in poverty

One in five children are suffering from material deprivation, with almost a quarter million experiencing poverty, highlighting the need for increased child benefits.

Almost 230,000 children lack basic items such as strong shoes, a warm coat and nutritious meals - ESRI

Nearly 250,000 children in Ireland are facing material deprivation, indicating a significant rise in child poverty.

Calls for increased supports as ESRI report reveals one in five children living in poverty

One in five children are suffering from material deprivation, with almost a quarter million experiencing poverty, highlighting the need for increased child benefits.
morechild-poverty

This Part of Rural America Is Poor

A significant percentage of residents in Athens County, Ohio live in poverty, reflecting broader economic challenges in the state.

What Income Level is Considered Middle Class in Your State?

Wealth inequality in the US persists, with the rich getting richer and the poor getting poorer, impacting the middle class.
Defining middle-class status is not straightforward and can vary based on disposable income, financial stability, and lifestyle choices.

When a good job is not enough: why even well-paid Australians are going over the mortgage cliff

Rising living costs affect even affluent Australians, with elevated interest rates causing mortgage stress.

This Is How Much You Need To Earn in Every State To Buy a Home

Homebuyers in nearly half of the country need six figures to buy a home.
Households who can afford a home face higher monthly costs due to surging prices and mortgage rates.

Canadians saved $350 billion during the pandemic. So why aren't they spending it? | CBC News

Canadians have accumulated over $300 billion in savings during the pandemic, but the expected spending boost hasn't materialized yet.
Higher-income households have saved more money during the pandemic, while lower and middle-income households have spent much of what they saved.

These London boroughs had the biggest wage hikes in the last decade

East London has seen the biggest growth in pay in the UK
Hackney and Newham have seen the biggest growth in household income

Next PM likely to inherit improved economic backdrop after UK growth revised up

UK economy grew faster in Q1 2024, with GDP revised up to 0.7% by the Office for National Statistics.
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