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Actual median family revenue fell by 2.3% from $76,330 in 2021 to $74,580 in 2022. Revenue estimates are expressed in actual or 2022 {dollars} to mirror modifications in the price of residing. Between 2021 and 2022, inflation rose 7.8%; that is the most important annual improve within the cost-of-living adjustment since 1981. This 12 months’s report is the primary during …

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