Median Household Income Drops For Fourth Straight Year In The West
For the fourth straight year, real median income in the West is down. Data released today by the U.S. Census Bureau shows median household income across the country fell 1.5 percent from 2010 to 2011 when adjusted for inflation.
The average household took home $50,054 in 2011. That’s more than 8 percent below median household income in 2007, when the average household earned $54,489.
In the West, real median income dropped by 4.1 percent between 2010 and 2011. That’s the biggest decline of any region in the country.
The Census Bureau reports median income was at its highest point in 1999 at $53,252.