Amid inflation, household income dropped 0.8 percent in 2022: Census ...Middle East

According to estimates released today by the U.S. Census Bureau’s American Community Survey (ACS), the median household income in the United States fell by 0.8 percent in 2022. The median household income last year was $74,755, adjusted for inflation. Despite the median household income being adjusted for inflation, the dip is an indication of why Americans are concerned about the current state of the economy. Five states – Alabama, Alaska, Delaware, Florida and Utah – saw median household incomes increase in 2022, while 17 states saw decreases. Twenty-eight states, the District of Columbia and Puerto Rico saw no significant differences, the survey found.  New Jersey had the hig

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