Young adult households are earning more than most older Americans did at the same age
The median adjusted income in a household headed by a Millennial was $69,000 in 2017. The previous peak for households headed by people ages 22 to 37 was in 2000.
The real value of a $15 minimum wage depends on where you live
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
Newsroom employees earn less than other college-educated workers in U.S.
Newsroom employees are more than twice as likely as other U.S. workers to be college graduates. But they tend to make less money than college-educated workers in other industries.
Are you in the American middle class?
A Pew Research Center analysis of government data shows that after more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.
Are you in the American middle class? Find out with our income calculator
About half of American adults lived in middle-income households in 2016. Find out which income group you’re in with our newly updated calculator.
The American middle class is stable in size, but losing ground financially to upper-income families
While the size of the U.S. middle class remained relatively stable between 2002 and 2016, financial gains for middle-income Americans were modest compared with those of higher-income households.
For most U.S. workers, real wages have barely budged in decades
Despite some ups and downs over the past several decades, today’s real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
Gen X rebounds as the only generation to recover the wealth lost after the housing crash
Generation Xers were hit particularly hard in the recession. Yet Gen Xers are the only generation of households to recover the wealth they lost in the downturn.
Income Inequality in the U.S. Is Rising Most Rapidly Among Asians
The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to 2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
Key findings on the rise in income inequality within America’s racial and ethnic groups
Income inequality nearly doubled among Asians in the U.S. from 1970 to 2016. Sizable income gaps persist across racial and ethnic groups, a new study finds.