facebook
twitter
rss
account
search
search
 

Census: Household income drops again

Sept. 12, 2012 at 9:15 PM   |   Comments

WASHINGTON, Sept. 12 (UPI) -- Median household income fell for the second year in a row in 2011, the U.S. Census Bureau said Wednesday.

The median income was $50,054, down 1.5 percent from 2010, statisticians reported. Real median household income was down 8.1 percent from 2007, the year before the recession began, and 8.9 percent lower than in 1999.

The report, "Income, Poverty and Health Insurance Coverage in the United States: 2011," said real household income was down for both black and white households. For Hispanics and Asians, there was no statistically significant change.

The bureau also reported 46.2 million people, or 15 percent of the population, had incomes below the poverty line. That was statistically unchanged from 2010.

In 2011, 48.6 million people, or 15.7 percent of the population, had no health insurance. That was down from 50 million or 16.3 percent in 2010.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
John Wayne Gacy room at Rob Zombie's haunted house angers victims John Wayne Gacy room at Rob Zombie's haunted house angers victims
2
Pakistani leader intimately connected to IS Pakistani leader intimately connected to IS
3
Texas driver allegedly kills girlfriend while in middle of a sex act Texas driver allegedly kills girlfriend while in middle of a sex act
4
Boston Herald apologizes for 'racist' Obama cartoon Boston Herald apologizes for 'racist' Obama cartoon
5
Korean NGOs call for social consensus on unification issue
Trending News
x
Feedback