As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Useful Stats: Five-year Change in Median Income by State
The U.S. Census Bureau has recently released the 2003 Model-based Estimates of Income and Poverty for States from the Small Area Income and Poverty Estimates Program (SAIPE). The estimates are created for states, counties and school districts for the purpose of federal programs and the allocation of federal funds to local jurisdictions.
SSTI has prepared a table ranking the states, including the District of Columbia and the U.S. overall, by percent change of median household income over the five-year period, 1999-2003, in constant 2003 dollars. During this time period, median household income for the U.S. declined 3.67 percent. Areas with the highest percentage increase in median household income were the District of Columbia, North Dakota, Virginia, Wyoming and New Hampshire. Conversely, the bottom five states were Mississippi, North Carolina, Texas, Illinois and Michigan.
SSTI’s table is available at: http://www.ssti.org/Digest/Tables/120505t.htm