U.S. Household Income Falls for 2nd Straight Year, Census Says

U.S. median household income fell 3 percent in 2009 to $50,221, the second straight annual drop, the Census Bureau said.

Maryland had the highest income for a fourth consecutive year, at $69,272, even as its median dropped from $70,545 in 2008, the bureau said in its 2009 American Community Survey. Mississippi had the lowest for at least the fifth straight year, at $36,646.

The American Community Survey data are used to help determine the annual distribution of more than $400 billion in federal and state funds, the bureau said.

To contact the reporter on this story: Alexandra Harris in New York at Aharris48@bloomberg.net

To contact the editor responsible for this story: Mark Tannenbaum mtannen@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.