American households did get a raise last year — just not the kind they’d collectively brag about. The U.S. Census Bureau says median household income ticked up from $82,690 in 2023 to $83,730 in 2024, an increase of a little over $1,000. This amount kept pace with inflation, experts say, though it hardly feels that way with biting rent, grocery and insurance costs. Must Read So, while it might not seem meaningful on the surface, does this modest income bump change anything for family budgets, and will ...