Friday, March 30, 2012

Household Income Stable in February

Median household income was about the same in February as in January 2012, according to the latest monthly update from Sentier Research. February's $50,065 median was 0.4 percent lower than the January 2012 median ($50,241), after adjusting for inflation. The change  was not statistically significant.  

February's median household income was 5.7 percent lower than the median in June 2009--the supposed end of the Great Recession. It was 8.1 percent lower than the median in December 2007, the start of the Great Recession. It was 9.0 percent lower than the median in January 2000. The Household Income Index for February 2012 was 91.0 (January 2000 = 100.0).

Source: Sentier Research, Household Income Trends: February 2012 

No comments: