WASHINGTON (AP) -- Americans finally got a raise last year after eight years of stagnating incomes.
The typical U.S. household's income rose 5.2 percent in 2015 to $56,516, the Census Bureau said Tuesday. Even with the solid gain, that remains below the median household income of $57,423 in 2007, when the Great Recession began. The median is the point where half of households fall below and half are above.
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Americans got raise last year for first time since 2007