Median household income in the US has returned to its pre-pandemic peak, with a 4% increase in 2023, driven by an increase in workers’ earnings, while the poverty rate fell to 11.1% in 2023, but the supplemental poverty measure rose to 12.9%.
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Median household income in the US has returned to its pre-pandemic peak, with a 4% increase in 2023, driven by an increase in workers’ earnings, while the poverty rate fell to 11.1% in 2023, but the supplemental poverty measure rose to 12.9%.