Assessing Motio’s Prediction of the 2023 Census Household Income Estimates

The release of the 2023 Census annual estimates reaffirmed the historically strong association between the Motio and Census household income series, further validating the reliability of Motio’s monthly estimates. This demonstrates that the Motio median household income series stands on its own, offering a timely key metric of U.S. national economic well-being every month.

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Predicting the 2023 Census Median Household Income Estimate

The validity of the Motio Research median household income series derives from its strong correlation with the U.S. Census median household income series. Additionally, being more timely than the Census series, the Motio estimates can be used to predict the Census annual estimates months ahead.

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Motio U.S. Real Median Household Income Index

Introducing the Motio U.S. Household Income Series

In December 2023, we officially launched a monthly series of household income data for the United States. The new series is based on microdata from the Current Population Survey and follows the core methodology of a discontinued series that garnered widespread national media attention in the 2010s.

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