Tuesday, September 05, 2006

Statistics: Median Income

Via the Washington Monthly who stole it from the Detroit Free Press who stole it from the Census Bureau, I present to you the most depressing graphic I've seen in weeks, the Percent Change of Real (inflation adjusted) Median Household Income, 1999 - 2005:

The national average was a 6% decrease in income over this six year period, despite the fact that there has been a slight increase of median household income between 2004-2005.

Putting pretty colors into real numbers, median household income in 1999 was $47,671 (adjusted for inflation to 2005 dollars). Median household income in 2005 was $46,326. We've lost ground by $1,345 a year.

Somebody call Rhode Island and figure out what they're doing.
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