scorecardThe typical household's income fell dramatically after the recession, but has recovered since Obama's second term.
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  4. Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
  5. The typical household's income fell dramatically after the recession, but has recovered since Obama's second term.

The typical household's income fell dramatically after the recession, but has recovered since Obama's second term.

Median household income measures the average income of middle class families.

Bush's first term saw household's incomes trend downward, but they swung upward until 2007 before declining steeply during the Great Recession.

With the economy in a recession during the first part of the Obama presidency, families experienced a substantial decline in their incomes. However, incomes started recovering in 2012.

That trend has continued during Trump's presidency. By 2018, the average middle-class family saw their income rise to $63,179, according to the Census Bureau.

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