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CHART OF THE DAY: Median Incomes Have Increased In Just Two Of The Last 11 Years

Sep 20, 2013, 02:18 IST

The Census published income and poverty data for 2012 today, and provided the following chart showing net gains and losses in U.S. median incomes since 2000.

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It shows that there were only two year-over-year increases during that period.

And two others saw no statistically significant increases.

That includes last year.

Overall, median incomes fell -6.6% during the period, to $51,371.

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Here's the Census' take on the situation:

"From the 2000 American Community Survey to the 2012 American Community, real U.S. median household income decreased 6.6 percent. The U.S. median household income decreased from $55,030 in 2000 to $51,371 in 2012.

"There appeared to be stability in the beginning of the decade. By mid-decade, the nation had reached a peak in real median household income.

"The U.S. ACS median household income in 2007 was $56,048.

"U.S. median household income decreased 8.7 percent from the 2007 ACS to the 2011 ACS."

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And here's the chart:

Census

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