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Political Calculations' initial estimate of median household income in July 2020 is $65,672, a decrease of 0.2% from June 2020's initial estimate of $65,778.
The change reflects a continuation of the downturn in wage and salary income that resulted from the combined economic effects of the coronavirus pandemic in the U.S. and the response of state and local governments to it, which continued to drag into July 2020.
The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through July 2020. The