U.S. household income rises in 2015

Americans got a raise in 2015, as the U.S. median household income rose 5.2% to $56,516, according to new data from the U.S. Census Bureau.

But income of the typical U.S. home still remained below that of 2007, the year before the most recent recession, when median household income was $57,423. That was the last year that U.S. homes saw an annual increase, the bureau said.

In 2014, the median income was $53,718, the bureau said in its report Income and Poverty in the United States: 2015, released Tuesday.

The official poverty rate also fell in 2015 to 13.5%, with 43.1 million in poverty, 3.5 million less than in 2014.


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