Demo Memo's Cheryl Russell reports that U.S. median household income reached $57,616 this September, which is not significantly different from the August 2016 median after adjusting for inflation.
According to Sentier Research, this September's median was 0.8% higher than the September 2015 median, and 9.6% above the $52,576 median of August 2011. The September 2016 median was also 2.2% higher than the median of June 2009, which marked the end of the Great Recession.
"Median annual household income in 2016 has not been able to maintain the momentum that it achieved during 2015," says Sentier's Gordon Green. Despite the flattening, however, Sentier notes that "there has been a general upward trend in median household income since the post-recession low point reached in August 2011." Sentier's median household income estimates are derived from the Census Bureau's monthly Current Population Survey.