Matt
08-30-2006, 07:39 AM
http://www.freep.com/apps/pbcs.dll/article?AID=2006608300319
In a dramatic sign of its ailing economy, Michigan's household income dropped, more children joined the ranks of poor people and the number of people living below the poverty level jumped in the suburbs, according to census figures released Tuesday.
The figures show Michigan's median household income fell more than any other state's during the last six years. It was $46,039 in 2005 -- 12% less than what it was in 1999 when adjusted for inflation. None of the 28 counties and 21 municipalities for which data were reported showed a rise in median household income between 1999 and 2005, the estimates show.
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http://www.detnews.com/apps/pbcs.dll/article?AID=/20060830/CENSUS/608300418
The income of the typical Michigan household fell below the national figure in 2005 as the state -- once a promised land for hourly workers -- slipped below the national benchmark for the first time since such figures became available.
The median household income here was $46,038 last year, according to Census Bureau estimates released Tuesday. That's just under the national median of $46,242; the bureau called the figures a statistical dead heat. Since the Census Bureau began collecting such data in the 1960s, Michigan has never before trailed the nation.
Just 25 years ago, household income in Michigan ranked eighth among the states. But waves of restructuring by the auto industry knocked it down to 22nd in the latest estimates.
In a dramatic sign of its ailing economy, Michigan's household income dropped, more children joined the ranks of poor people and the number of people living below the poverty level jumped in the suburbs, according to census figures released Tuesday.
The figures show Michigan's median household income fell more than any other state's during the last six years. It was $46,039 in 2005 -- 12% less than what it was in 1999 when adjusted for inflation. None of the 28 counties and 21 municipalities for which data were reported showed a rise in median household income between 1999 and 2005, the estimates show.
[smilie=sad3.gif]
http://www.detnews.com/apps/pbcs.dll/article?AID=/20060830/CENSUS/608300418
The income of the typical Michigan household fell below the national figure in 2005 as the state -- once a promised land for hourly workers -- slipped below the national benchmark for the first time since such figures became available.
The median household income here was $46,038 last year, according to Census Bureau estimates released Tuesday. That's just under the national median of $46,242; the bureau called the figures a statistical dead heat. Since the Census Bureau began collecting such data in the 1960s, Michigan has never before trailed the nation.
Just 25 years ago, household income in Michigan ranked eighth among the states. But waves of restructuring by the auto industry knocked it down to 22nd in the latest estimates.