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U.S. Incomes Up, Poverty Rate Down in 2019

by Bioreports
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By
Janet Adamy and Paul Overberg

WASHINGTON—American incomes rose sharply and poverty fell in the final year of the country’s decadelong economic expansion, according to Census Bureau figures released Tuesday.

Median household income was $68,700 in 2019, up 6.8% from the prior year. The poverty rate was 10.5%, a drop of 1.3 percentage points from the year before.

The figures…

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