US poverty rate falls to 10% as median income hits $87,460

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The US poverty rate has reportedly dropped to 10.2% while median household income climbed to a record $87,460, according to preliminary 2025 figures circulating online. If accurate, those numbers would represent a meaningful step forward from the most recent confirmed data.

What the Census Bureau has actually confirmed

The most recent verified data comes from the US Census Bureau, which published its annual income and poverty reports on September 9, 2025. Those reports cover the 2024 calendar year, not 2025.

For 2024, the official poverty rate came in at 10.6%, a decline of 0.4 percentage points from the 11.1% recorded in 2023. That translates to roughly 35.9 million Americans living below the poverty line.

Real median household income for 2024 landed at $83,730. That figure was statistically unchanged from the $82,690 reported the prior year.

The Supplemental Poverty Measure, which accounts for government benefits and regional cost-of-living differences, held flat at 12.9% for 2024.

The jump to 2025 numbers

Census Bureau data for calendar year 2025 has not yet been officially released. The bureau typically publishes its annual income and poverty reports in September of the following year, meaning confirmed 2025 data would arrive no earlier than September 2026.

The Economic Policy Institute, in a preview published in September 2026, anticipated little or no improvement in key economic metrics for 2025, citing softer job growth and changes to safety net policies.

What the 2024 trend actually shows

The poverty rate declining while median income remained flat suggests the improvements were concentrated at the lower end of the income distribution. People near the poverty threshold crossed above it, but households in the middle of the pack didn’t see their paychecks grow in real terms.

The unchanged Supplemental Poverty Measure at 12.9% hints that government transfer programs, which had expanded dramatically during the pandemic era, were no longer providing the same cushion.

What to watch going forward

Going from $83,730 to $87,460 would represent roughly a 4.5% increase in a single year. Real median household income growth of that magnitude in a single year is rare outside of post-recession recovery periods. It happened in 2015 and 2019, but those years benefited from specific economic tailwinds.

If job growth did indeed soften in 2025 as the EPI anticipated, the path from a 10.6% poverty rate to 10.2% would require either significant wage gains at the bottom of the distribution or expanded government assistance. Both of those would need to show up in the data when the Census Bureau eventually publishes its confirmed 2025 report.

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