A person earning the median income in 2015, for example, took home $4,200 less, accounting for inflation, than they did 10 years earlier.
The growth in median household income and decline in poverty mainly accrued to demographic minorities, immigrants, the undereducated, and urban dwellers.
Elise Gould, senior economist at the Economic Policy Institute, said there were many positive aspects to the report but "we should not be popping the champagne corks".
The median income increased to $59,000 from $57,200 in 2015, the report says.
So why don't things feel quite this good? Dawson Creek saw a 31.6-per-cent increase, while Quesnel, Port Alberni and Powell River saw rises of less than two per cent.
The differences between the 2015 to 2016 percentage changes in median income for non-Hispanic white, black, Hispanic, and Asian households were not statistically significant, as well.
"We're really pleased to see that in 2016, the ACA continued to boost health insurance coverage in Texas", said Anne Dunkelberg with the CPPP.
Nikkie Edwards and her boyfriend make about $31,000 a year, a sum that leaves them below the poverty line as defined by Statistics Canada - and in the company of another 4.8 million people, according to the latest census numbers released Wednesday.
That in turn also has helped boost the percentage of people in the US with health insurance, a separate but important measure of economic well-being.
At the same time, the percentage of people without health insurance coverage decreased. It is the lowest proportion on record. Previous year they made about 79% of what men made.
A supporter of Republican presidential nominee Donald Trump holds a sign before a campaign rally on September 21, 2016 in Toledo. This was the first time the female-to-male earnings ratio has risen since 2007, and there were an estimated 74.8% of working men with earnings and 62.2% of working women with earnings worked full time. As the economy improves, workers from traditionally marginalized demographics-minorities, immigrants, the undereducated, the disabled-are reentering the workforce and switching from part-time to full-time work. It also suggests that pay raises for those who already had jobs remained meager.
And now for the buzzkill portion of this post: this means household income has increased a whopping 0.6 percent since 1999.
MCEVERS: Wow. Did poverty go down the way median income went up across age and racial groups?
According to census data, inflation-adjusted median household income reached $59,039 in 2016, a 3.2% bump from 2015. For whites, the gain was 2 percent to $65,041. Since then, income has slowly climbed back to $42,220 in 2016 amid the continuous public protest against the federal government's cheap-labor economic strategy, which is exemplified by the bipartisan 2013 "Gang of Eight" amnesty legislation.
There remains a gap between income for men and woman.