Hooray! The 2019 Income Figures are Here.

Nerds everywhere rejoiced yesterday when the Census Bureau finally released its income numbers for 2019. I don’t want to keep you in suspense, so here are household income figures from 1980 through 2019:

As you might guess, 2019 was a very good year. Economic growth combined with sustained low unemployment forced a rise in incomes of 6.8 percent overall. That’s the biggest one-year increase since the Census Bureau began compiling records in 1980. Overall household income is now 11 percent higher than it was in 2007, before the start of the Great Recession.

The biggest gainers in 2019 were Asian households, up 10.6 percent, and Black households, up 7.9 percent. Latino households gained 7.1 percent and white households were up 5.9 percent.

Among individuals, men gained 4.6 percent and women gained 6.7 percent. Among full-time workers, women now make 82 percent as much as men:

The full report is here if you want to dig in further. The historical tables through 2019 are here.

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And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

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THE TRUTH IS...

what drives Mother Jones' team of 50-plus journalists. The truth is powerful, as evidenced by how hard those with something to hide, or profit to gain, seek to discredit it. The truth, stated boldly and reported meticulously, is what draws so many readers to Mother Jones.

And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

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