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
Marijuana decriminalized in Philadelphia Marijuana decriminalized in Philadelphia
2
Reports claim Ukraine used cluster bombs in Donetsk city Reports claim Ukraine used cluster bombs in Donetsk city
3
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
4
Russia prepares militarization of Arctic Russia prepares militarization of Arctic
5
No, Banksy hasn't been arrested, nor his identity revealed No, Banksy hasn't been arrested, nor his identity revealed
Trending News
Around the Web
x
Feedback