Watching Wages Worsen

Real median household income (RMHI) fell from $51,190 in ’09 to $50,046 in ’10, a drop of $1,144! Not one state showed an increase. Between ’08 and ’09, only ND experienced a rise. Between ’07 and ’08, KS, LA, NY, NJ and TX had increases. MD has the highest RMHI at $68,854, followed by NJ, AK, CT and HI. MS is lowest at $36,851. Declining RMHI makes recovery very tough.