Census Says Arkansas Income Up – and Down

by Arkansas Business Staff  on Monday, Oct. 7, 2013 12:00 am  

Arkansans’ median household income rose 1.6 percent in 2012 compared with 2011, to $40,112 from $39,469, the U.S. Census Bureau reported late last month. That was the good news.

The bad? Arkansans’ median household income fell 8.8 percent from 2000, when it was $43,991, to 2012’s $40,112.

Nationwide, Americans’ median household income barely budged between 2011 and 2012, rising 0.1 percent to $51,371 in 2012 compared with $51,324 a year earlier. It was, however, the first time since the Census Bureau’s 2007 American Community Survey that median household income didn’t fall.

And the picture nationwide for the period between 2000 and 2012 was only slightly better than that of Arkansas, with Americans’ median household income declining 6.6 percent from $55,030 in 2000 to $51,371 in 2012.

Median means that half the households had income above the median and half below. The figures were adjusted for inflation.

 

 

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