Real median income in the United States declined by 1.1% in 2002 to a level of $42,409; this is the second consecutive annual decline in household income.
In terms of residence, the decline in income was experienced mainly by those households in metropolitan areas (on average a 1.5% decline).
Both family and non-family households were subject to this decline in income (family households experienced an average of 0.8% decline in income and non-family households a 2.4% decline).
However, in contrast, both men and women who were full time year-round workers experienced increases in their median salaries.
Real median household money income declined for all race groups except for those with a White or Asian (and no other race) householder.
Based on comparisons of two-year-average median incomes (comparing 2000-2001 with 2001-2002) real median household income rose only for one state, Oklahoma, and declined for ten states and the District of Colombia. Four of these states were in the Midwest (Illinois, Missouri, Michigan, and Ohio), three were in the South (Florida, Mississippi, and North Carolina), and three in the West (Hawaii, Nevada, and Oregon).
Per capita income declined by 1.8% in the United States to $22,794. This was the first annual per capita decline in the U.S. since 1991.
Source: U.S. Department of Commerce- Economics and Statistics Administration, U.S. Department of Education (Educational Resources Information Center)
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