Census Report Shows Poverty Rate Hits 15.1%; Record 46.2 Million in Poverty; Real Median Household Income Sinks Below Level First Reached in 1989

Please consider Income, Poverty, and Health Insurance Coverage in the United States: 2010. Report released today.

• Real median household income was $49,445 in 2010, a 2.3 percent decline from 2009


• Since 2007, the year before the most recent recession, real median household income has declined 6.4 percent and is 7.1 percent below the median household income peak that occurred in 1999.


• Both family and nonfamily households had declines in real median income between 2009 and 2010. The income of family households declined by 1.2 percent to $61,544; the income of nonfamily households declined by 3.9 percent to $29,730.


• Real median household income was $49,445 in 2010, a 2.3 percent decline from 2009. Since 2007, median household income has declined 6.4 percent (from $52,823) and is 7.1 percent below the median household income peak ($53,252) that occurred in 1999.

Poverty Rate



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Real Median Income



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Real median income has been in decline since 1999 and is now back at a level last seen in 1996. Real median income is below the level seen in 1989.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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