facebook
twitter
search
search

Census: Household income drops again

Sept. 12, 2012 at 9:15 PM

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.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Shark bite confirmed off North Carolina shore
Small plane crash kills two near Dallas
Justice Department investigating airlines for alleged price fixing
Britain, Western Europe endure record heat wave
Activists in Hong Kong rally against 'fake democracy'