Tuesday, September 13, 2011

Median Household Income Drops

Median household income fell to $49,445 in 2010, according to the Census Bureau, down from $50,599 in 2009 (a 2.3 percent decline) and $53,164 in 2000 (a 7.0 percent decline), after adjusting for inflation. Among householders under age 25, median household income has fallen 20 percent since 2000. The decline in median household income ranges from 9 to 14 percent for householders between the ages of 25 and 55. Here are the ugly numbers, all in 2010 dollars.

2010 2000      % ch.
Total  49,445  53,164 -7.0
<25  28,322  35,257 -19.7
25-34  50,059  56,233 -11.0
35-44  61,644  68,069 -9.4
45-54  62,485  72,981 -14.4
55-64  56,575  56,789 -0.4
65-plus  31,408  29,226 7.5

Source: Census Bureau, 2011 Current Population Survey

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