Median household income rose three percent under President Trump.
Read Investor’s Business Daily editorial, “Bad News For Dems: Household Income Hits All-Time High Under Trump … And He’s Getting Credit For It.”
Median household income has been steadily increasing under Trump, rising from $59,471 in January 2017 to $61,483 last month, according to Sentier Research, which tracks income on a monthly basis using census data.
This also means that household income is now higher than it’s been in at least 50 years — after adjusting for inflation.
Read the Sentier Research report here.
Following the “great recession” defined as lasting from December 2007 to June 2009, median household income fell to its low point in June 2011 ($54,459). The April 2018 median of $61,483 is 12.9 percent higher than the June 2011 median.
Rising incomes give President Trump and Republicans in Congress a great message for the mid-term elections.