How State Household Income Varies By Income Quartile

Posted on by Cassidy Cornblatt

Household income varies by state. It's well known that households in coastal states tend to have higher incomes (and costs of living) than those in the middle of the country. But this information relies heavily on averages, which are skewed by extremely high incomes, or medians, which only show the 50th percentile but neglect differences … Continue reading How State Household Income Varies By Income Quartile

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How Did Household Income Change From 2021 To 2022?

Posted on by Cassidy Cornblatt

Inflation ramped up in 2021, increasing the cost of routine expenses. On average, inflation was 4.7% for the year, and it only got worse in 2022, with an average of 8.0%. Was household income able to keep up, or did it fall short, leaving U.S. consumers with less cash in their pockets? To answer this … Continue reading How Did Household Income Change From 2021 To 2022?