Wage gaps: Men's, women's, black, white, Hispanic and Asian-American incomes still differ

Americans all grew richer pretty much across the board last year, but they also stayed relatively unequal, according to new U.S. Census Bureau data.

First, the good news.

Household median incomes in the United States grew 5.2% between 2014 and 2015 — the most that figure has grown since the Great Recession and a sign the recovery has started to work its way into wallets of typical Americans. The figures were released Tuesday morning. 

Researchers from the bureau were enthusiastic about the numbers. It was a "broad, broad increase in household incomes," Trudi J. Renwick, assistant division chief for the bureau's economic characteristics, said in a press call about the findings. 

Economists on Twitter were also enthusiastic about the news. 

Poverty also fell considerably, across most age groups and races, census officials said in the call. 

The bad news?

The data showed a persistence of wage gaps based on gender and race — and other signs that financial inequality remains a problem in the United States.

The Gini coefficient, which the Census uses to track the gap between the rich and poor, was unchanged in the last year, despite all those wage gains and declining poverty. In fact, it's up 5.5% since 1993, when the government first began tracking the data.

Women might be earning more today, but the gap between what they earn and what men expect to earn hasn't narrowed significantly since 2007.

And, though wages climbed for all races except Asian households, the wage gaps facing women of color are still enormous. 

Pundits have already begun mulling over how these new figures are going to affect the election, with a prevailing impression that the improved incomes augur well for Democrats. 

As of press time, at least one spokesman for Democratic presidential nominee Hillary Clinton had already boasted of the news. 

Despite the many positive trends in the report, there are also still lingering signs of an uneven recovery. To date, only one income group is actually earning any more than they were in 2007: the top 5%.

Correction: September 14th, 2016

A previous version of this post said household median incomes in the U.S. grew 5.4%. They grew 5.2%. 

How likely are you to make Mic your go-to news source?

James Dennin

James is a staff writer covering money and millennials. Send your tips and your money problems to jdennin@mic.com.

MORE FROM

Here's the secret to hitting "pause" on your debt

Get rid of debt more easily by getting a 0% balance transfer credit card, trying out new financial management apps, and turning to traditional debt consolidation tactics.

These are the telltale signs your student loan "relief" company is a scam

Student debt relief or loan servicing companies may sometimes have shady business records. Here's how to tell if a firm is real — or a scam or fraud.

5 classes you've never heard of — but that can boost your pay in the future

To earn high pay, these are the best classes to take, as traditional industries face existential crises and new lucrative fields of study emerge.

Why your health care costs could rise under the Senate GOP bill

How the Senate healthcare bill affects you: It could increase out-of-pocket costs, deductibles and premiums for consumers, and cut people from Medicaid, while lowering plan quality.

Tips that pay off: These 5 bits of career advice will get you a job you actually love

It doesn't take much to go from novice to career genius. These 5 easy steps will snag you your dream job.

7 unconscious mistakes that are ruining your job hunt

Sometimes the best career advice is to get out of your own way — and pay better attention to the unconscious mistakes you're making while communicating.

Here's the secret to hitting "pause" on your debt

Get rid of debt more easily by getting a 0% balance transfer credit card, trying out new financial management apps, and turning to traditional debt consolidation tactics.

These are the telltale signs your student loan "relief" company is a scam

Student debt relief or loan servicing companies may sometimes have shady business records. Here's how to tell if a firm is real — or a scam or fraud.

5 classes you've never heard of — but that can boost your pay in the future

To earn high pay, these are the best classes to take, as traditional industries face existential crises and new lucrative fields of study emerge.

Why your health care costs could rise under the Senate GOP bill

How the Senate healthcare bill affects you: It could increase out-of-pocket costs, deductibles and premiums for consumers, and cut people from Medicaid, while lowering plan quality.

Tips that pay off: These 5 bits of career advice will get you a job you actually love

It doesn't take much to go from novice to career genius. These 5 easy steps will snag you your dream job.

7 unconscious mistakes that are ruining your job hunt

Sometimes the best career advice is to get out of your own way — and pay better attention to the unconscious mistakes you're making while communicating.