Median Household Income Rises 5.6 Percent in Arkansas

by Arkansas Business Staff  on Monday, Oct. 9, 2017 12:00 am   1 min read

Real median household income rose 3.2 percent in the United States between 2015 and 2016, to $59,039 in 2016 from $57,230 in 2015, according to the U.S. Census Bureau.

In Arkansas, real median household income rose 5.6 percent, to $44,334 in 2016 from $41,995 in 2015. (“Real” refers to income after adjusting for inflation.)

Nationwide, it’s the second consecutive annual increase in median household income.

Some other findings:

  • Between 2015 and 2016, 30 states showed an increase in real median household income. Pennsylvania (1.2 percent) had one of the smallest increases, and Idaho (6.3 percent) had one of the largest increases.
  • Alaska, Connecticut, the District of Columbia, Hawaii, Maryland, Massachusetts and New Jersey had among the highest median household incomes for 2016.
  • Arkansas, Louisiana, Mississippi and West Virginia had the lowest median household incomes for 2016.

 

 

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