Census data released Thursday showed Americans are less well off than they were four years ago.
Across the board, average household income was down by $1,221 after taking into account inflation, according to the Annual Community Survey, whose 2023 numbers were released by the Census Bureau on Thursday. The portion of households with income of less than $10,000 in 2023 grew by a full percentage point compared to 2019, from 4.3% to 5.3%.
Fewer American households are making $75,000 or more per year, once past earnings are put into 2023 dollars that factor in inflation spurred by massive government spending. Compared to 2019, the percentage of households making $150,000 to $200,000 has dropped 0.2%, while the share making more than that remained the same.
The Census figures deal a blow to Vice President Kamala Harris, whose presidential campaign is built on a pledge that Harris will fight…
