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Thursday, 19 September 2013 12:50

Missouri household income drops in 2012

ST. LOUIS (AP) - New U.S. census data shows that Missouri is one of just two states where median incomes fell in 2012 from the previous year, as many residents continue to grapple with a slow-to- recover economy.

Median household income in the state was $45, 321 last year. That's a 1.6 percent decline from 2011. Nationally, the median income for U.S. households in 2012 was $51, 017. That figure remained flat after two previous annual declines.

The federal Census Bureau also reported a statewide poverty rate of 11.7 percent. But for single mothers with dependent children, the poverty level hovers around 44 percent.

Statewide, nearly 270,000 of the 1.5 million families who participated in the annual American Community Survey reported household incomes under $24,999.

 
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