According to the latest Census data, inflation canceled out income gains across most of America. After adjustment, median household income sat at about $83,730—only a slight bump from 2023, and essentially unchanged from pre-pandemic levels.
– High earners fared better, seeing about a 4% increase.
– But middle- and lower-income households saw no real growth.
– Women’s earnings barely budged, while men saw a small uptick—widening the gender pay gap.
– Black households actually saw a dip of 3.3%, while Hispanic and Asian households showed slight gains.
This isn’t just data—it’s a narrative of division. Inflation hit hardest where wages couldn’t compensate, trapping many in real stagnation. It’s a stark reminder that not all recovery is shared.