American Household Incomes

J. Bradford DeLong
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/

March 2001


  • On the eve of the recession of 2001, Americans' household incomes stood at their highest level ever.
  • The median white non-Hispanic household had an annual income $5,900 more than their counterparts at the start of the decade.
  • The median Hispanic household had an annual income $4,700 more than their counterparts at the beginning of the decade.
  • The median African-American household had an annual income $7,000 more than their counterparts at the start of the decade.
  • Nevertheless, the measured real income of the median African-American household is still only at the level of the median white household in 1967.


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