Tuesday, November 27, 2012

Household Income Stable in October 2012

Median household income held steady between September and October 2012, according to the latest monthly update from Sentier Research. The October median of $51,378 was $40 less than the September median, a change that was not statistically significant.

Median household income in October 2012 was 4.7 percent lower than the median in June 2009, the end of the Great Recession. It was 7.2 percent lower than the median in December 2007, the start of the Great Recession. It was 8.1 percent lower than the median in January 2000. The Household Income Index for September 2012 was 91.9 (January 2000 = 100.0). 

For details on monthly changes in household income since January 2000, a spreadsheet is available from Sentier's web site for $25.00.


Source: Sentier Research, Trends in Household Income: October 2012

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