US Income and Poverty Remain Largely Unchanged in 2024

In 2024, the median household income in the U.S. was $83,730, with no significant change from 2023, and the poverty rate slightly decreased to 10.6%. Most Americans (92%) had health insurance, primarily through employment, with slight shifts in coverage types. The Supplemental Poverty Measure was 12.9%, with Social Security remaining the largest anti-poverty program. Income inequality remained stable, and disparities persisted across racial groups and gender earnings.