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Americans are richer than ever— and poverty hits an all-time low

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Herzlich, T. (2026, September 16). Americans are richer than ever— and poverty hits an all-time low. New York Post. https://nypost.com/2026/09/16/business/americans-household-income-hit-record-high-as-poverty-rate-fell-to-lowest-level-ever-in-2025/

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New York Post · collected 2026-09-16 · by Taylor Herzlich

Quick Summary

US Census data from 2025 shows that American household income reached a record high at $87,460, marking a 2.6% increase over the previous year and surpassing earlier peaks. Meanwhile, the poverty rate dropped to 10.2%, its lowest level since records began in 1967. Economists attribute this growth to recovering from pandemic impacts, although income gains were predominantly seen among higher earners, with those in the top 10% seeing a 1.7% increase compared to little change for the bottom 10%.
Written by AI on 2026-09-17, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

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.

Written for “American Incomes Record High” on 2026-11-02, grounded in this article and the 4 other(s) covering the same event.

Story

📰 American Incomes Record High
Economy/Business · 5 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 16% of its claims. Each row says how that neighbour differs.
CBS News
⚖️ Leans right Hedges 5 of 17 claims Outlet record 66/100
Washington Examiner
⚖️ Leans left Hedges 1 of 32 claims Outlet record 70/100
Fox News
⚖️ Leans left Hedges 6 of 27 claims Outlet record 69/100
Washington Examiner
⚖️ Leans right Hedges 3 of 26 claims Outlet record 70/100
“The articles discuss different aspects related to economic data and its political implications rather than the same specific event.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
19
sentences that state something as happening or true
Uncertain
16%
3 of 19 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
New York Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
5
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-17 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

New York Post · 16054 article(s) · 35 correction(s) detected
Running correction rate · 35 correction(s)

Who wrote this

Taylor Herzlich
63 article(s) here · 1 carrying a prediction
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🔮 “Maybe we don’t have the hard power.
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🔮 “Do you assume that I wouldn’t?”
Also by Taylor Herzlich
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 63 articles by Taylor Herzlich →

Topics

Americans Census Harvard University The Post US Census

Subjects

American NORP · 1× Americans NORP · 1× Census ORG · 1× Daniel Shoag PERSON · 1× Harvard University ORG · 1× The Census Bureau’s ORG · 1× The Post ORG · 1× US Census ORG · 1× the Census Bureau ORG · 1×

Narrative

Real median household income jumped 2.6% to $87,460 — the highest inflation-adjusted level since Census records began in 1967 and beating the previous peak reached in 2019.
framing: assertive · carried by 1 article(s) · first seen 2026-09-17
🔮 “We would expect income to keep going up.
2026-09-17 · New York Post
Americans are richer than ever— and poverty hits an all-time low · assertive framing

Claims (19 extracted, 3 hedged)

Americans’ household income hit a record high in 2025 while the poverty rate fell to its lowest level ever, according to new US Census data. uncertain
rate → hit → data
Real median household income jumped 2.6% to $87,460 — the highest inflation-adjusted level since Census records began in 1967 and beating the previous peak reached in 2019. asserted
records → jump → 2019
The median post-tax household income rose 3.1% to $76,060. asserted
income → rise → 76,060
The good news came despite a wild series of economic headlines in the US and beyond, touching on everything from tariffs to international conflicts. asserted
news → come → conflicts
“It represents continued economic growth,” Daniel Shoag, an economist and professor at Harvard University, said of the wage stats. asserted
Shoag → represent → stats
“We would expect income to keep going up. asserted
income → expect → ?
We saw a spike during the pandemic and then some drops after that … and we’re starting to see those COVID effects going away,” he told The Post on Wednesday. asserted
he → see → Wednesday
Last year, the poverty rate fell half a percentage point to 10.2%, the second annual decline in a row, according to the data. uncertain
rate → fall → data
In 2025, 34.5 million people were living in poverty in the US. asserted
people → live → US
For children, the poverty rate fell to an all-time low of 13.4%. asserted
rate → fall → %
The Census Bureau’s supplemental poverty line – which factors in non-cash government benefits and taxes – was 13.1%. asserted
which → factor → benefits
The agency measured a family with two adults and two children as living in poverty if their annual income was less than $32,649. asserted
income → measure → 32,649
According to the Census Bureau, medical costs put 7.7 million more people below the supplemental poverty line last year. uncertain
costs → accord → line
Most people in the US had health insurance for either some or all of 2025, which was fairly steady from the previous year. asserted
which → have → year
Women’s paychecks rose 3.2% last year, while men’s dipped slightly. asserted
men → rise → ?
It narrowed the wage gap slightly, though women still earn roughly 84 cents for every dollar earned by men. asserted
women → narrow → men
The majority of the earnings increase took place among high-earners. asserted
majority → take → earners
Income for the top 10% of American earners increased 1.7%, while it remained relatively flat among the bottom 10%. asserted
it → increase → %
Households in the 90th percentile saw income of about $261,300, while the 10th percentile earned $20,010. asserted
percentile → see → 20,010
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