Tuesday, May 01, 2012

Household Income Stable in March

Median household income was about the same in March 2012 as in the previous month, according to the latest monthly update from Sentier Research. The March median of $50,612 was 0.3 percent higher than the February 2012 median ($50,445), after adjusting for inflation. The change  was not statistically significant.  

The March median was 5.4 percent lower than median household income in June 2009--the supposed end of the Great Recession. It was 7.8 percent lower than the median in December 2007, the start of the Great Recession. It was 8.7 percent lower than the median in January 2000. The Household Income Index for March 2012 was 91.3 (January 2000 = 100.0).

Source: Sentier Research, Household Income Trends: March 2012 

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