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New Census Bureau Report: Americans Are Still Poorer Today than Before COVID

Another issue that didn’t come up at all in the debate is the decline of working-class family incomes.

You wouldn’t know it from the celebratory headlines, but real median household income under Biden and Harris has still not reached its 2019 level under Trump. And getting back to 2019 would hardly be good news for Americans who have come to expect growth in their purchasing power over time.

As the chart shows, the 2023 median income of $81,610 is still $600 lower than 2019 and is almost $3,000 lower than what median income would be at just 2% growth from 2020.

The latest Census report shows that EVERY racial/ethnic group including whites, blacks, Hispanics and Asians had higher income growth under Trump than Biden.

Meanwhile, one of the key measures of poverty shows that overall poverty and child poverty are higher now than when Trump was president.

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