Median annual household income was stable in May 2013, according to the latest monthly update from Sentier Research. The May median of $51,500 was not statistically different from the April median, after adjusting for inflation.
Sentier's data show that median household income has yet to recover from the losses of the Great Recession. In May 2013, median household income was still 5.0 percent below the median of June 2009, the end of the Great Recession. It was 6.7 percent lower than the median in December 2007, the start of the Great Recession. It was 7.8 percent lower than the median in January 2000.
The Household Income Index for May 2013 was 92.2 (January 2000 = 100.0). The index compares median annual household income in a given month as a percent of its value in January 2000, after adjusting for inflation. An Excel spreadsheet of the entire household income time series is available from Sentier's web site for $25.00.
Source: Sentier Research, Trends in Household Income: May 2013
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