(CNSNews.com) - Real median household income in the United States has been on a generally downward trend since it peaked at the end of the last century in 1999, according to data released yesterday by the Census Bureau.
In 2014, according to Table H-6 that the Census Bureau released along with its annual report on income and poverty in the United States, real median household income was $53,657.
The report said that was “not statistically different from the 2013 median,” which was $54,462.
However, said the Census Bureau, the median household income of $53,657 in 2014 was “6.5 percent lower than the 2007 (the year before the most recent recession) median ($57,357), and 7.2 percent lower than the median household income peak ($57,843) that occurred in 1999.”
According to Table H-6, which lists median household income in constant 2014 dollars for every year from 1975 through 2014, the real median household income in the United States was $55,313 in 2008, the year Barack Obama was elected president.
Of the four major regions of the country, the Northeast had the highest median household income ($59,210) and West had the second highest ($57,688), the Midwest had the third highest ($54,267) and the South had the lowest ($49,655).