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household incomeCBS News
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85% Informative
Median household income jumped to $ 80,610 in 2023 , the Census says.
It's the first time since 2019 that households have enjoyed a significant earnings increase.
The income gains come as inflation eased last year , thanks to a series of rate hikes from the Federal Reserve aimed at cooling the economy.
VR Score
92
Informative language
98
Neutral language
10
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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