Please note!
This fact brief was originally published as an experiment to test the concepts behind fact briefs.
Readers should be aware that while there is still a lot of useful information in fact briefs like this one, not all of them reflect Gigafact's current methods and standards for fact briefs. If you come across any that you feel are out of date, don't hesitate to contact us at support@gigafact.org.
Was the 2019 increase in median US household income the largest in more than thirty years?
Thursday, September 24, 2020
By Christopher Hutton
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YES
Real median household income grew 6.8% to $68,703 in 2019, up from $64,324 in 2018, the largest year-to-year increase since at least 1984.
This increase continues a period of economic recovery after years of stagnant household income following the 2007-2009 Great Recession. The U.S. Census notes that it marks the "fifth consecutive annual increase in median household income for family households, and the second consecutive increase for non-family households."
This fact brief is responsive to conversations such as this one.
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ABOUT THE CONTRIBUTOR
Between 2020 and 2022, under close editorial supervision, Gigafact contracted a group of freelance writers and editors to test the concepts for fact briefs and provide inputs to our software development process. We call this effort Gigafact Foundry. Over the course of these two years, Gigafact Foundry writers published over 1500 fact briefs in response to claims they found online. Their important work forms the basis of Gigafact formats and editorial guidelines, and is available to the public on Gigafact.org. Readers should be aware that while there is still a lot of relevant information to be found, not all fact briefs produced by Gigafact Foundry reflect Gigafact's current methods and standards for fact briefs. If you come across any that you feel are out of date and need to be looked at with fresh eyes, don't hesitate to contact us at support@gigafact.org.
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