|
|
|
|
 |
June 2013 
|
Household income plummeted in 2009
Household income plummeted in 2009 
Be the first to comment
Household incomes decreased significantly for the second straight year in 2009 as poverty increased and fewer families earned more than $100,000 per year, according to The Washington Post.
Household incomes have fallen 4 percent since the recession began in December 2007, when the median household income was $52,384. Median income fell to $51,726 in 2008 and $50,221 in 2009.
Incomes of $100,000 or more were reported in 19.7 percent of households in 2009. That was down almost a full percentage point compared with 2008. Additionally, almost one in four families earned less than $25,000, increasing one percentage point compared with 2008.
9/29/2010
|
|
 |
|