(NEXSTAR) – 2022 was a rough year for many Americans, newly released U.S. Census Bureau data indicates.
While the median household income climbed in five states, far more saw that metric drop last year. Connecticut, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, Ohio, Oregon, Pennsylvania, Vermont, Virginia, and Wisconsin all saw household income take a dip in 2022.
Nationwide, the median household income was $74,755 in 2022 – nearly 1% lower than the year before when you account for inflation. Income inequality also increased.
Alabama, Alaska, Delaware, Florida, and Utah were the lucky five states where the median family saw income grow.
The other 28 states, plus Puerto Rico and D.C., didn’t see a statistically significant change, according to the Census Bureau.
The nation’s capital got the honor of having the highest median household in the country: $101,027. Mississippi, where the median household took home $52,719 last year, had the lowest of any state. Puerto Rico, a U.S. territory, had a median household