2015 saw an increase in median household income for whites, Blacks, Asians and Hispanics, the newest report from the U.S. Census Bureau revealed, the highest increase being among Hispanic households.
According to the report, 2015 saw an additional estimated 3.3 million people with earnings over 2014, regardless of work experience. All households saw a 5.2 percent increase from 2014, with the median income jumping from $53,718 to $56,516 the first increase in income since 2007, before the recession. Asian households continue to see the highest median income, but the increase from 2014 to 2015 was the lowest of the racial groups. The last reported annual increase for Asian households was 1999. This is the first time non-Hispanic whites and Blacks have seen an increase since 2007. Hispanics last saw an increase in 2013.
Only Hispanics saw a percentage increase higher than the average.
