Fact-check · Oct 6, 2026 · Donald Trump
“Individual people are making more money than they've ever made”
MOSTLY TRUE
What the record shows
Median household income reached $87,460 in 2025, the highest on record since 1967 (Census Bureau). Real average hourly earnings grew 0.7-1.1% year-over-year through 2025 (BLS). Nominal income records reflect inflation; real wage growth remains modest.
Nominal income at record highs, but real (inflation-adjusted) wage growth minimal. Framing obscures modest purchasing power gains.
This figure differs by region.
Sources
- Income, Poverty and Health Insurance Coverage in the United States: 2024
- Median Household Income in 2025 Surpassed Previous Highs Before and After the COVID-19 Pandemic
- What is the Average and Median U.S. Household Income?
- What is the income of a US household?
- Income in the United States: 2024 - https: // www2 . census . gov.
- U.S. median household income rose slightly in 2024—the bump may still be 'economically meaningful,' economist says
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