Median U.S. Household Income Increased in 2017
“The numbers released on Wednesday show that the American middle class suffered a “lost decade” in the wake of the 2008 financial crisis, as median household income fell sharply, and then began a slow recovery. But the gains have not been equally felt and the numbers revealed a sharp divergence between the wealthiest Americans and everyone else. The incomes of the nation’s most affluent households have climbed sharply since the crisis, driven largely by investment gains. The Census Bureau said income inequality did not rise significantly last year.”