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Census: 2025 Household Income Hit Record, Poverty Fell Before 2026 Safety-Net Cuts

On Tuesday, September 15, 2026, the Census Bureau reported that 2025 median household income reached a record $87,460, a modest real-terms gain over the 2019 peak.[1]

The official poverty rate fell to 10.2% in 2025, a 0.5-percentage-point drop.[1] By the Supplemental Poverty Measure, which counts medical and other out-of-pocket costs, poverty was 13.1% and medical bills pushed about 7.7 million more people below that line.[2]

Median household income in 2025 was only about 2.5% higher than the inflation-adjusted 2019 peak, far smaller than the 19% rise from 2013 to 2019.[1] Women's earnings rose 3.2% while men's declined slightly, narrowing the gender wage gap to roughly 84 cents on the dollar.[1] The top 10% saw median income rise about 1.7% to $261,300 while the poorest 10% slipped to just over $20,000, underscoring stagnant income at the bottom.[1]

Income concentration remained high: the top 20% of households captured 52.4% of all household income while the bottom 20% received just 3%.[2] Census figures also show median household income of about $126,300 for Asian households, $91,930 for white households and $59,980 for Black households, with Black household income rising 4.8% year over year.[2]

Reporters framed the 2025 numbers as a baseline before major safety-net reductions that began in January 2026 under the One Big Beautiful Bill, and warned those cuts could erase some gains in next year's data.[2] Experts echoed that caution, saying benefit rollbacks could push more people into poverty and widen coverage losses when the 2026 snapshot is released.[1]

  1. CBS News
  2. Axios
U.S. Economy and Inflation Social Safety Net and Poverty U.S. Economy Income & Poverty Tax and Fiscal Policy
Show source details & analysis (3 sources)

📌 Key Facts

  • On Tuesday, September 15, 2026, the Census Bureau reported the [2025 median household income] was $87,460, a real‑terms record only slightly above the inflation‑adjusted 2019 peak of $85,320 — roughly a 2.5% gain since 2019 compared with a 19% rise in the 2013–2019 period. (CBS News)
  • Census figures show [women’s earnings] rose 3.2% in 2025 while men’s earnings declined slightly, narrowing the gender wage gap to nearly 84 cents on the dollar (up from less than 81 cents in 2024). (CBS News)
  • Income concentration remained high: the [top 20% of U.S. households] captured 52.4% of all household income in 2025 while the bottom 20% received just 3%; income at the 90th percentile was about $261,300 versus roughly $20,010 at the 10th percentile. (Axios)
  • Distributional changes show the [top 10% of earners]’ median income rose about 1.7% to $261,300 in 2025, while the poorest 10% experienced a slight decline to just over $20,000. (CBS News)
  • The official poverty rate fell 0.5 percentage points to 10.2% in 2025, but the [Supplemental Poverty Measure] was 13.1% (nearly 3 points higher); Census figures estimate medical expenses pushed about 7.7 million additional people below the supplemental poverty line. (Axios)
  • The 2025 data capture conditions before major safety‑net reductions under President Trump’s 'Big Beautiful Bill' — and reporting notes (using the alternate name [One Big Beautiful Bill]) that experts warn cuts taking effect in January 2026 could reverse some of 2025’s gains. (CBS News)
  • By race and ethnicity in 2025, median household income was about $126,300 for [Asian American households], $91,930 for white households and $59,980 for Black households; year‑over‑year, Black household income rose 4.8% and white household income rose 3%, while Asian income showed no statistically significant change. (Axios)
  • Health‑coverage data in 2025 show the national [uninsured rate] was statistically steady at 7.9% (about 26.7 million people), Medicaid coverage fell from 17.6% to 17.1% of the population (roughly 1.4 million fewer people covered), and 21.8% of Hispanic adults ages 19–64 were uninsured — the highest rate among major groups. (Axios)

📰 Source Timeline (3)

Follow how coverage of this story developed over time

September 16, 2026
9:10 AM
Household income hits record, but lower earners lose ground
Axios by Russell Contreras
New information:
  • Axios reports that, according to the 2025 Census income data released in mid-September 2026, the top 20% of U.S. households captured 52.4% of all household income, while the bottom 20% received just 3%.
  • The article specifies that income at the 90th percentile was about $261,300 in 2025, more than 13 times the roughly $20,010 earned at the 10th percentile, highlighting stagnant income for the bottom 10%.
  • Axios notes that Hispanic poverty fell to 13.9% in 2025, the lowest since tracking began, but median Hispanic household income of $73,260 showed no statistically significant gain from 2024.
  • The piece details racial income levels: 2025 median income of $126,300 for Asian American households, $91,930 for white households, and $59,980 for Black households, with Black household income up 4.8% and white income up 3% year over year while Asian income showed no significant change.
  • The article reiterates that the Supplemental Poverty Measure was 13.1% in 2025, nearly 3 percentage points above the official 10.2% poverty rate, and cites Census figures that medical expenses pushed an estimated 7.7 million additional people below the supplemental poverty line.
  • Axios highlights that 2025 health coverage data show the uninsured rate statistically steady at 7.9% (26.7 million people), with national Medicaid coverage dropping from 17.6% to 17.1% of the population, or about 1.4 million fewer people covered.
  • The article underlines that in 2025, 21.8% of Hispanic adults ages 19–64 were uninsured, the highest uninsured rate among major racial and ethnic groups in the Census data.
  • Axios frames the 2025 report as capturing conditions before major safety-net reductions under President Trump's 'Big Beautiful Bill,' positioning the numbers as a baseline for judging the effects of those cuts.
September 15, 2026
8:18 PM
Americans' incomes hit a record high in 2025. Now for the bad news.
CBS News
New information:
  • On Tuesday, September 15, 2026, the Census Bureau reported 2025 median household income was $87,460, slightly above the prior inflation‑adjusted peak of $85,320 in 2019, leaving typical households only about 2.5% ahead in real terms after six years.
  • The article contrasts this 2.5% real gain from 2019 to 2025 with a 19% increase in median household income during the previous six‑year period from 2013 to 2019, underscoring a sharp slowdown in income growth.
  • Census data cited by CBS show women’s earnings rose 3.2% in 2025 while men’s earnings declined slightly, narrowing the gender wage gap to nearly 84 cents per dollar earned by men, up from less than 81 cents in 2024.
  • Distributional figures from the 2025 data indicate the top 10% of earners saw median income rise 1.7% to $261,300 in 2025, while the poorest 10% experienced a slight income decline to just over $20,000.
  • The article notes that the official U.S. poverty rate fell to 10.2% in 2025, a 0.5‑percentage‑point drop, and quotes experts warning that OBBBA’s safety‑net cuts taking effect in 2026 are not yet reflected and may reverse some gains in next year’s data.
  • Experts in the story explicitly link the 2025 distributional pattern to tax‑code changes under the One Big Beautiful Bill, with Kristin Seefeldt saying lower marginal tax rates appear to especially benefit top earners, while Amanda Nothaft cautions that benefit cuts starting January 2026 could worsen poverty when 2026 data are released in 2027.