JEPI - Median Household Income In November 2020

• Political Calculations' initial estimate of median household income of in November 2020 is $66,167, an increase of $101 (or 0.15%) above the initial estimate of $66,066 for October 2020.
• The latest update to the chart tracking Median Household Income in the 21st Century shows a continued upward trajectory for median household income in both nominal and inflation-adjusted terms, which points to the ongoing recovery from the bottom of the coronavirus recession.
• However, the arrival of significant COVID-19 infections in California led that state's governor to impose new restrictions on businesses and to order residents to stay at home throughout much of the state in December 2020, which will have negative economic consequences.

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