The Aporia
Picchi, A. (2026, September 15). Americans' incomes hit a record high in 2025. Now for the bad news. CBS News. https://www.cbsnews.com/news/census-income-data-pandemic-levels/
Picchi, Aimee. “Americans' incomes hit a record high in 2025. Now for the bad news.” CBS News, 15 Sept. 2026, https://www.cbsnews.com/news/census-income-data-pandemic-levels/.
Picchi, Aimee. “Americans' incomes hit a record high in 2025. Now for the bad news.” CBS News, September 15, 2026. https://www.cbsnews.com/news/census-income-data-pandemic-levels/.
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In 2025, American households achieved a record-high median income of $87,460, surpassing the previous peak set in 2019. Despite this milestone, real income growth was modest at about 2.5% since 2019, reflecting limited economic gains over six years marked by pandemic disruptions and inflation spikes. Women's wages saw a significant increase of 3.2%, narrowing but not closing the gender wage gap to nearly 84 cents for every dollar earned by men.
The poverty rate dropped to its lowest level at 10.2%, with child poverty hitting an all-time low of 13.4%. These improvements were partly attributed to tax changes from President Trump's "One Big Beautiful Bill" Act (OBBBA). However, experts caution that benefits cuts beginning in early 2026 could affect these figures negatively.
Despite the positive statistics, public sentiment remains mixed: while economic indicators improved significantly, polls showed about 85% of people felt their personal financial situations were either worsening or unchanged. This disconnect underscores ongoing concerns among Americans despite official data suggesting overall economic progress under President Trump's administration.