The Census Bureau was out Tuesday with twin surveys reporting that real median household income increased by 5.2% between 2014 and 2015 and that the number of people lacking health insurance fell to 9.1% (29 million) from 10.4% (33 million) over the same period.
Census said the official poverty rate decreased 1.2 percentage points to 13.5%, with 43.1 million people in poverty, 3.5 million fewer than in 2014. The 1.2 percentage point decrease in the poverty rate from 2014 to 2015 represents the largest annual percentage point drop in poverty since 1999, the bureau said.
Median household income in the United States in 2015 was $56,516, an increase in real terms of 5.2% from the 2014 median income of $53,718. This is the first annual increase in median household income since 2007, the year before the most recent recession.
These findings are contained in two reports: Income and Poverty in the United States: 2015 and Health Insurance Coverage in the United States: 2015.