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U.S. median household income was $63,179 in 2018: Census

Kitco News

WASHINGTON (Reuters) - The median U.S. household income was roughly the same in 2018 as the prior year, while the number of people living in poverty fell slightly to 11.8% of the population, federal government data showed on Tuesday.

The Census Bureau said in its Income, Poverty and Health Insurance Coverage and Supplemental Poverty Measure report that median household income was $63,179 last year compared with $62,626 in 2017.

It said about 27.5 million residents did not have health insurance in 2018, up from 25.6 million during the previous year. The poverty rate fell to 11.8% last year from 12.3% in 2017.

Reporting by Lindsay Dunsmuir and Susan Heavey; Editing by Andrea Ricci

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