Idaho Incomes Fall For Third Year In A Row
Census data released today paint a picture of the recession’s lasting impact in Idaho.
The state’s median household income has dropped considerably since 2008, when half of Idahoans earned more than $47,576 and half earned less. In 2011, median income continued its retreat, falling to $43,341. That’s a nearly 9 percent drop.
Source: U.S. Census Bureau
The Idaho Department of Labor has also analyzed the numbers, and points out that only two states — Nevada and Georgia — have experienced larger drops in median income over the last three years.
Idaho’s median income tends to be substantially lower than the nation’s. Last year, the median household income for the U.S. was $50,502.