Americans' incomes hit a record high in 2025. Now for the bad news.

CBS News · collected 2026-09-15 · by Aimee Picchi
Read the original at CBS News ↗

Summary

American households reached a record median income of $87,460 in 2025, according to Census Bureau data. However, adjusting for inflation, this figure is only slightly higher than the peak set in 2019, indicating minimal progress over six years marred by economic challenges and rising prices. The report also highlights a gender pay gap reduction but notes that income growth benefits the highest earners more than the lowest, with the top 10% experiencing a 1.7% increase while the bottom tenth saw a slight decline.
Written by the local model on 2026-09-15, using this article's own text rather than the other coverage of the same event.

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Claims extracted
17
claim-shaped sentences
Uncertain
29%
5 of 17 hedged
Leaning
Leans right
of the writing, not the subject
Correction & hedging signals
77.0
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
unclustered
not grouped into a story yet
Narrative spread
1
articles carrying this framing
Analyzed 2026-09-15 · how these are computed

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The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Score +0.35 Confidence high
Leaning score +0.35 for article 12104 (high confidence, 2 verified quotes) · logged 2026-09-15

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CBS News · 466 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)
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Who wrote this

Aimee Picchi
5 article(s) here · 1 carrying a prediction
🔮 The Census figures also may reflect some tax changes implemented under the "One Big Beautiful Bill" act, or OBBBA, which President Trump signed into law in July 2025.
🔮 Sacks' comments come amid mounting concerns that advanced AI platforms could inflict .
🔮 The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and lingering threats could test its strength.
🔮 President Trump's vow to send if the Republican Party keeps control of Congress in the midterm elections would drive up the federal deficit, reignite inflation and alarm investors, according to economists.
🔮 On Monday, Mr. Trump predicted that oil prices would "drop through the floor" when the Iran conflict is over.
Also by Aimee Picchi
Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

American Americans Census Census Bureau OBBBA

Subjects

Census ORG · 4× OBBBA ORG · 2× American NORP · 1× Americans NORP · 1× Census Bureau ORG · 1× Kristin Seefeldt PERSON · 1× Trump PERSON · 1× U.S. GPE · 1× the Census Bureau ORG · 1× the University of Michigan ORG · 1×

Narrative

"The poverty numbers look pretty good — especially child poverty — but these numbers do not reflect cuts in benefits that started to take effect at the start of 2026," said Amanda Nothaft, director of data and analysis at the University of Michigan's Poverty Solutions.
framing: mixed · carried by 1 article(s) · first seen 2026-09-15
🔮 The Census figures also may reflect some tax changes implemented under the "One Big Beautiful Bill" act, or OBBBA, which President Trump signed into law in July 2025.

Claims (17 extracted, 5 hedged)

American households earned a record median income of $87,460 last year, according to new Census Bureau data. uncertain
households → earn → data
That figure is only slightly above the previous peak set in 2019. asserted
figure → set → 2019
Adjusting for inflation, that means the typical household has gained little economic ground in six years marked by pandemic upheaval and surging consumer prices. asserted
household → adjust → upheaval
In 2019, households had a median income of $85,320, a level that wasn't surpassed until 2025, the Census said on Tuesday. asserted
Census → have → Tuesday
While the new data indicates that Americans' incomes have continued to climb, it also shows that the typical household in 2025 earned only about 2.5% more than in 2019. asserted
household → indicate → 2019
By comparison, median household income climbed 19% during the six years before the pandemic, from 2013 to 2019. asserted
income → climb → 2019
The Census report also showed that women's paychecks rose 3.2% last year, while men's declined slightly. asserted
men → show → ?
The solid gain for women narrowed the gender wage gap, though it remains large, with women earning nearly 84 cents for every dollar earned by men, up from less than 81 cents in 2024. asserted
women → narrow → 2024
The Census figures also may reflect some tax changes implemented under the "One Big Beautiful Bill" act, or OBBBA, which President Trump signed into law in July 2025. uncertain
Trump → reflect → July
High-income households and corporations were among those that received the from its tax cuts, according to tax experts. uncertain
that → receive → experts
The top 10% of earners reported income growth of 1.7% last year to $261,300, while the poorest one-tenth reported a slight decline to just over $20,000, according to the Census Bureau. uncertain
tenth → report → Bureau
"It's notable that the median income for the top earners is increasing, while income for the lowest earners is stagnant," said Kristin Seefeldt, associate professor of social work and public policy at the University of Michigan, in an email. asserted
Seefeldt → increase → email
"The tax code has been revised to lower marginal tax rates for everybody, and we see the top earners benefiting from that." asserted
earners → revise → that
Last year, the official U.S. poverty rate fell 0.5 percentage points to 10.2%. asserted
rate → fall → %
Some public policy experts cautioned that the impact from OBBBA's cuts to social safety net programs may not appear until the Census reports on 2026 income and poverty rates, which will be released in 2027. uncertain
which → caution → 2027
OBBBA instituted new restrictions to Medicaid and food stamps, with the latter program reporting a sharp decline in enrollment in 2026. asserted
program → institute → 2026
"The poverty numbers look pretty good — especially child poverty — but these numbers do not reflect cuts in benefits that started to take effect at the start of 2026," said Amanda Nothaft, director of data and analysis at the University of Michigan's Poverty Solutions. asserted
Nothaft → look → Solutions
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