Americans’ incomes rose and poverty fell in 2025, Census Bureau says
American flag is seen displayed at the Time Square in New York City, United States. Jakub Porzycki | Nurphoto | Getty Images Americans’ inflation-adjusted incomes rose and poverty declined in 2025, according to new Census Bureau data released Tuesday, as the Federal Reserve meets to decide whether inflation still requires higher interest rates. Real median household income rose by 2.6% to $87,460 last year, the Census Bureau reported as part of a suite of data releases Tuesday. The poverty rate fell by a nearly half-point to 10.2%. The poverty threshold for a family of four last year was $32,970. Treasury Secretary Scott Bessent celebrated the data, which were released as he was testifying to a House committee about the economy. The Census Bureau data are “several inconvenient facts” for the Trump administration’s political opponents, he said. Read more CNBC politics and policy coverage Democrats used the committee hearing to assail Bessent over high gas prices and other economic strains. The average rate for new 30-year fixed-rate mortgage rose above 7% last week. Prices increases by …





