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flag US median household income rises 4% to $80,610, poverty rate decreases slightly to 11.1%, income gap between men and women widens.

flag In 2023, the inflation-adjusted median income for U.S. households rose 4% to $80,610, nearing its 2019 level, according to the Census Bureau. flag The poverty rate decreased slightly to 11.1% from 11.5% in 2022. flag However, the income gap between men and women widened, marking the first increase in the gap in over two decades. flag Despite these gains, living standards remained unchanged from 2019, with varying income changes across racial groups.

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