New Projections Suggest Substantial Boost in US Household Income
According to the latest estimates from Motio Research, the median household income in the United States for August 2024 is projected to reach $81,562. This marks a significant increase of $3,017, or 3.8%, compared to the firm’s initial estimate of $78,545 for July 2024. This substantial surge in household income is a promising sign for the US economy.
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