Median Household Income
Median income of all households in the past 12 months.
$220.4k
Trend YoY growth is +7.8%, accelerating by 34 bps/year over the last 5Y. Latest: +2.9%, 4.9 pp below trend, a 1.2σ deviation. The latest YoY reading is depressed by 2.4 pp due to an tough comparison base from 2022.
Level
YoY %
y = 6.2% + 34 bps/yr · t
Deviation from trend
Forecast
Projected value by forecast vintage (USD)
Projected value (USD)
| Forecast made in | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | MAPE |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | $137.0k | $144.1k | $156.5k | $168.1k | $170.8k | $189.4k | $213.9k | $237.1k | $246.1k | $277.2k | $314.7k | $360.3k | 173% |
| 2017 | $147.5k | $159.0k | $171.3k | $174.7k | $194.3k | $220.0k | $244.6k | $254.7k | $297.6k | $351.6k | $420.0k | 264% | |
| 2018 | $157.1k | $167.5k | $169.4k | $186.9k | $210.1k | $231.9k | $239.6k | $261.5k | $286.5k | $315.1k | 215% | ||
| 2019 | $158.3k | $161.8k | $176.6k | $196.1k | $213.9k | $218.5k | $214.9k | $209.7k | $203.0k | 90% | |||
| 2020 | $174.0k | $189.1k | $214.1k | $238.0k | $247.6k | $281.3k | $322.9k | $374.6k | 102% | ||||
| 2021 | $194.8k | $216.1k | $240.1k | $249.8k | $286.2k | $331.3k | $387.5k | 163% | |||||
| 2022 | $214.1k | $242.4k | $253.5k | $296.3k | $351.5k | $423.4k | 349% | ||||||
| 2023 | $220.4k | $239.0k | $260.1k | $284.3k | $312.1k | ||||||||
| 2024 | $239.0k | $260.1k | $284.3k | $312.1k |
YoY change forecast
| Forecast made in | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | MAPE |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | +0.4% | +5.1% | +6.1% | +7.0% | +7.9% | +8.9% | +9.8% | +10.7% | +11.7% | +12.6% | +13.5% | +14.5% | 173% |
| 2017 | +7.7% | +7.8% | +9.1% | +10.3% | +11.7% | +13.0% | +14.2% | +15.5% | +16.9% | +18.1% | +19.4% | 264% | |
| 2018 | +6.5% | +6.6% | +7.0% | +7.4% | +7.9% | +8.3% | +8.7% | +9.1% | +9.6% | +10.0% | 215% | ||
| 2019 | +0.7% | +2.3% | +1.5% | +0.7% | -0.1% | -0.9% | -1.6% | -2.4% | -3.2% | 90% | |||
| 2020 | +9.9% | +8.7% | +9.9% | +11.1% | +12.4% | +13.6% | +14.8% | +16.0% | 102% | ||||
| 2021 | +11.9% | +11.0% | +12.2% | +13.4% | +14.6% | +15.8% | +17.0% | 163% | |||||
| 2022 | +9.9% | +13.2% | +15.0% | +16.8% | +18.7% | +20.5% | 349% | ||||||
| 2023 | +2.9% | +8.4% | +8.9% | +9.3% | +9.7% | ||||||||
| 2024 | +8.4% | +8.9% | +9.3% | +9.7% |
Forecasts use ordinary least-squares linear regression fitted to the YoY change series over a rolling 5Y window. Each row shows a vintage — the forecast as it would have appeared at that point in time. Projected values apply the forecasted YoY change to the prior year's level, chaining forward where actuals are unavailable. MAPE measures forecast accuracy against realized values. These are mechanical trend extrapolations, not economic models.