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August 30, 2006
Income and Wealth, U.S. Census report
Please help vote the Republicans out! Vote green, we cannot continue like this and constantly replace one lousy group of liars with another group of liars. I urge you to vote your conscience and vote Green!
Yesterday's U.S. Census report on second class citizens!
"" The 2005 Current Population Survey Annual Social and Economic Supplement shows the following results:
Income
Overview
* 2004 marked the second consecutive year in which real median household income showed no change.
Race and Hispanic Origin
* Real median household income did not change between 2003 and 2004 for non-Hispanic whites, blacks or Asians or for households with Hispanic householders.
* Black households had the lowest median income in 2004 ($30,134) among race groups. Asian households had the highest median income ($57,518). The median income for non-Hispanic white households was $48,977. Median income for Hispanic households was $34,241.
* Comparison of two-year moving averages (2002-2003 and 2003-2004) showed that the real median income for households with householders who reported American Indian and Alaska native as their race was statistically unchanged. The same was true for native Hawaiian and other Pacific islander households.
Regions
* Real median household income remained unchanged between 2003 and 2004 in three of the four census regions — Northeast ($47,994), West ($47,680) and South ($40,773). The exception was the Midwest, where income declined 2.8 percent, to $44,657. The difference in income between the Northeast and West was not statistically significant.
* The South continued to have the lowest median household income of all four regions. The Northeast and West had the highest incomes among regions.
Nativity
* Real median income remained unchanged for native as well as for foreign-born households between 2003 and 2004. Native and foreign-born households had a median income in 2004 of $45,319 and $39,421, respectively.
Earnings
* Real median earnings of men age 15 and older who worked full-time, year-round declined 2.3 percent between 2003 and 2004, to $40,798. Women with similar work experience saw their earnings decline by 1.0 percent, to $31,223. Reflecting the larger fall in the earnings of men, the ratio of female-to-male earnings for full-time, year-round workers was 77 cents on the dollar, up from 76 cents in 2003.
Poverty
Overview
* There were 37.0 million people in poverty (12.7 percent) in 2004, up from 35.9 million (12.5 percent) in 2003.
* There were 7.9 million families in poverty in 2004, up from 7.6 million in 2003. The poverty rate for families remained unchanged at 10.2 percent. The poverty rate and the number in poverty showed no change for the different type of families.
* As defined by the Office of Management and Budget and updated for inflation using the Consumer Price Index, the average poverty threshold for a family of four in 2004 was an income of $19,307; for a family of three, $15,067; for a family of two, $12,334; and for unrelated individuals, $9,645.
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| By jjtechno | 09:36 PM
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