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The median U.S. household income has gone up

Posted: 8:48 AM, Sep 14, 2016
Updated: 2016-09-14 15:48:07Z

Even though the median household income in the U.S. has risen, it's lower than where it was nearly one decade ago.

The U.S. Census Bureau's figures show a media household income of $56,516, which is up 5.2 percent, and the highest it's been since 2007. That year, it was $57,423.

The Census Bureau says it's the largest increase in the past 17 years .

Median household income in 2015 increased for Hispanics by 6.1 percent. Black households saw an increase of 4.1 percent.

In terms of age groups, 35-44 year olds saw the largest increase: 7 percent. The Census Bureau lists 55-64 year olds as seeing the lowest increase at 3.5 percent.