Folks,

If you’re not following the personal finance news closely the U.S. Census Bureau has a new report out.  The news is bad.  Evidently median incomes have fallen consistently for the past five years.  This wouldn’t be so bad, except for the fact that the top 5% seem to have done pretty well.  Unlike the  rest of the country, the earnings of the top 5% have been steady at around 318k per year.

The Huffington Post has a pretty good write up.

If you’re feeling ambitious, the census report is here.

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This entry was posted in Money Management, Net Worth, Wealth by James Hendrickson. Bookmark the permalink.

Avatar photo About James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

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