Median Income Falls for 5th Year

by James Hendrickson on September 19, 2013 · 0 comments

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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