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

Sept. 28 (Bloomberg) -- 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

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