Hooray! The 2019 Income Figures are Here.

Nerds everywhere rejoiced yesterday when the Census Bureau finally released its income numbers for 2019. I don’t want to keep you in suspense, so here are household income figures from 1980 through 2019:

As you might guess, 2019 was a very good year. Economic growth combined with sustained low unemployment forced a rise in incomes of 6.8 percent overall. That’s the biggest one-year increase since the Census Bureau began compiling records in 1980. Overall household income is now 11 percent higher than it was in 2007, before the start of the Great Recession.

The biggest gainers in 2019 were Asian households, up 10.6 percent, and Black households, up 7.9 percent. Latino households gained 7.1 percent and white households were up 5.9 percent.

Among individuals, men gained 4.6 percent and women gained 6.7 percent. Among full-time workers, women now make 82 percent as much as men:

The full report is here if you want to dig in further. The historical tables through 2019 are here.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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