The US population is on the rise again: More Americans are living longer, census says
The United States is once again on the path to becoming the wealthiest nation on earth, according to a report by the Census Bureau, despite the fact that the population is projected to shrink by almost 40 percent.
The U.S. Census Bureau’s report released on Wednesday found that the median American’s age was growing faster than any other nation, at 37.8 years, with an average age of 63.5 years.
That is more than double the national average of 35.2 years.
The median annual income was $57,400, compared with $47,600 for the median U.K. worker.
But, as usual, the average salary in the U.T. is more modest, at $54,200, according the Bureau.
The bureau said median household income grew 1.9 percent from 2015 to 2020, but the average annual household income fell 0.4 percent.
Average wages rose 1.3 percent to $57.09 an hour, and median household incomes rose 0.6 percent to about $55,400.
The Census Bureau also released a detailed report on U.N. Population Division statistics on Tuesday, which found that life expectancy in the United States rose to 67.3 years in 2020, from 66.7 years in 2015.
The median age was also up to 67 years, from 64.9.