Wouldn’t the large number of Americans in their 20s living in their parents homes have affected this?
I suspect a lot of those who have moved back into their parents’ homes were likely earning below the median household income. Remove them as a household, and suddenly the median family is one higher on the income scale.
I suspect a lot of those who have moved back into their parents’ homes were likely earning below the median household income. Remove them as a household, and suddenly the median family is one higher on the income scale.