Household incomes are rising again, but share going to middle class is at record low

  The latest Census Bureau data show that for the second straight year, the typical U.S. household saw its income rise in inflation-adjusted terms in 2016, the last year of the Obama administration, and incomes have now recovered to approximately pre-Great Recession levels. The median U.S. household income was $59,039 in 2016, a 3.2 percent increase from real 2015 levels.

  While the data contain some good news, the overall story is still quite bleak.