Inquiring minds are diving into the Census Department report on Income and Poverty in the United States: 2017.

By race, real median household income is rising across the board, as shown in the above chart.

Appearances deceive as the next chart shows.

Battle of the Sexes

Since 1973, the increase in real household increase is entirely (and then some) dependent on the rising earnings of women vs men.

Male and Female Full-Time Worker Earnings

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The table data shows 1973 as the peak year for men. I added the blue dotted lines. Here is a portion of the table.

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Full-Time Workers

  • 1973 Men: 39,643
  • 1973 Women: 17,574
  • 1973 W/M Ratio: 44.33%
  • 2017 Men: 66,397
  • 2017 Women: 49,308
  • 2017 W/M Ratio: 74.26%

Household income is up not only because women's earnings are up but also because more women are working.

Real Median Earnings 1973 vs 2017 Full-Time Workers

  • Men 1973: $55,317
  • Men 2017: $52,146
  • Women 1973: 31,328
  • Women 2017: $41,977
  • Men: -5.73%
  • Women: +33.99%
  • 1973 Gap: Men +$23,989
  • 2017 Gap: Men +$10,169


Women's wages have not caught men's but the gap is shrinking. ​Single men, men whose spouse does not work, and male-only households are worse off now than in 1973.

Calculate the CPI with housing prices instead of rent and the stats are even worse.

Grim Stats

Wolf Richter at WolfStreet has nice quintile stats and other charts in his take Census Bureau Reveals Grim Facts about Real Earnings of Men.

The previous two charts showed earnings of full-time workers.

The following charts show all sources of income except capital gains.

18 Years of Income Stagnation

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No Income Stagnation at the Top

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Who Got the Spoils?

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As Richter points out, "This phenomenon of disproportionate income gains at the top doesn’t even include capital gains, which would skew the chart into the stratosphere, thanks in part to the Fed’s QE and zero-interest rate policy"

Mike "Mish" Shedlock

Wage Growth for Men About 1/4% Per Year Since 2000, Women About 1/2% Per Year

Women are slowly catching up to men in median wages but growth has been pathetic across the board.

Median Household Income Improvement Entirely Due to Rising Female Earnings

The Census Bureau report Income and Poverty in the US 2016 shows real household income in the US hit a new record high of $59,039 in 2016 thanks to a methodology change and rising incomes of women.

Shocking Look at Average vs Median Household Savings

I have been on a rampage about average vs median income. Here's a report about average vs median savings.

Productivity Up 2.9% - Real Hourly Earnings Down: Thank You Fed!

Productivity for the second quarter rose 2.9%. Year-over-year inflation-adjusted hourly earnings are down.

Household Formation Weakest Since 2010

Household formation, as measured by occupied housing units, shows the weakest annual growth since 2010.

Personal Income Up 0.1%, Spending Up 0.6%: What's the Problem?

Personal Income is up 0.1%, spending is up 0.6%. Real Disposable Income is up 0.1%, real spending is up 0.4%.

Job Report: Weak Earnings, Unemployment Rate Up, Upward Revisions

Job growth was a modest 128,000. The unemployment rate ticked up to 3.6%. Revisions added 95,000.

Earnings Estimates Soar But So Do Reasons to Sell: CAPE Analysis

Earnings estimates are up, but that's no reason to believe the stock market is cheap.

Hungary's PM Pledges Zero Income Tax to Women with Four Kids

The birth rate in many European countries has plunged. Hungary's Victor Orban wants women to have more kids.