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Median Household Income Has Finally Topped Pre-Recession Levels

The median U.S. household's income finally topped pre-recession levels last year and has reached an all-time high after years of sluggish growth. The Census Bureau says the median income, adjusted for inflation, rose 3.2% from 2015 to 2016 to $59,039. After two straight years of solid income gains, the median American household last year essentially earned the same as it did in 1999, when incomes peaked at $58,665.