The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Friday, September 20, 2013

Washington Sees Incomes Soar as Most of U.S. Declines - Real Time Economics - WSJ

The income of the typical D.C. household rose 23.3% between 2000 and 2012 to an inflation-adjusted $66,583, according to the Census Bureau’s American Community Survey, its most comprehensive snapshot of America’s demographic, social and economic trends. During this period, median household incomes for the nation as a whole dropped 6.6% — from $55,030 to $51,371. The state of Mississippi, which had one of the biggest declines, dropped 15% to $37,095: Nearly one in three people there have an income that is near the poverty line.

via blogs.wsj.com

http://rightcoast.typepad.com/rightcoast/2013/09/washington-sees-incomes-soar-as-most-of-us-declines-real-time-economics-wsj.html

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Comments

Every time I visit DC it seems like a boom town.

Posted by: Jonathan | Sep 23, 2013 7:07:39 PM