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U.S. Median Household Income Hits Record $87,460 as Poverty Rate Falls to 10.2% in 2025: Census Bureau
The poverty rate fell to 10.2% and child poverty reached a record low as inflation-adjusted household income rose 2.6%, the bureau said.
The Census Bureau reported on Tuesday that the U.S. poverty rate dipped to 10.2% in 2025, while median household income hit $87,460, rising 2.6% and reaching its highest level since 1967.
President Donald Trump claims the country is faring better under his leadership than during President Joe Biden's term, which confronted economic upheaval from the Covid-19 pandemic and subsequent inflation pressures.
Child poverty fell to 13.4%, the lowest on record, while median earnings for full-time year-round workers remained essentially flat; women, however, saw a 3.2% increase in earnings.
Despite rising incomes, Americans remain financially squeezed by high costs for groceries, housing, and utilities, while both Republicans and Democrats acknowledge an affordability crisis; the uninsured rate stayed at 7.9%.
Those who have the means to invest have seen their wealth accumulate in recent years, though the Census Bureau noted median income figures exclude capital gains from stocks that typically benefit higher-earning Americans.