this post was submitted on 17 Jan 2024
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[โ€“] whereisk 1 points 8 months ago (1 children)

Median seems a much better metric than average.

The census.gov data for 2021 has median individual income at about $35k - much smaller than your sources for 23.

Did it really increase nearly 50% in 2 years?

Source

[โ€“] [email protected] 2 points 8 months ago

I'm not sure where that data is coming from, here's what I found (source). This data set in particular (Excel file) shows the following:

That's for 2021 and 2022, and the median seems to be $49k in 2021 and $48k in 2022. $50k in 2023 seems plausible.