Family Incomes Rose, Poverty Declined in 2025, Census Bureau Reports

Why it matters locally: The reported national increase in family incomes and decline in poverty would generally reflect positively on Illinois households, as economic trends typically have a statewide impact.

WASHINGTON D.C. – Average family incomes increased across the nation in 2025 compared to the prior year, according to an annual report released by the Census Bureau. The data also showed a decline in the official poverty rate during the same period. The report indicated that health care coverage levels experienced minimal change from 2024 to 2025. Analysts from the Census Bureau compiled the findings as part of their yearly assessment of economic well-being and health insurance status nationwide.