Real median household income reaches $93,000 by 2050

Why does it matter?

Direct quote

Median Household Income. Economists forecast steady real income growth. For 2030, their median estimates are $83,967 for the unconditional scenario, $83,046 for the slow, $85,000 for the moderate, and $87,000 for the rapid, compared to a 2023 baseline of $80,610. By 2050, their forecasts rise to $93,175 (unconditional), $91,864 (slow), $95,142 (moderate), and $100,000 (rapid).

Forecasting Research Institute

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