Median Household Income Trends, 2010-2011
Real median household income fell between 2010 and 2011 by 1.5 percent—the second consecutive annual drop—landing at $50,054 in 2011. Nevada saw the biggest drop from 2010 to 2011 in real median household income—10.9 percent—while Oklahoma saw the biggest year over year increase—9.0 percent. Median household income in 2011 ranged from a low of $39,856 in Kentucky to a high of $68,876 in Maryland. From 2010 to 2011, 28 states experienced a decrease in real median household income while 21 states saw an increase and one state—North Carolina—saw no year-over-year change.
When compared to income levels in 2007, prior to the start of the recession, real household median income has declined by 8.1 percent and remains 8.9 percent shy of the precession peak that occurred in 1999. Nevada also saw the sharpest decline in real median household income from 2007 to 2011, falling 19.8 percent, while North Dakota’s income grew the most—10.1 percent. Over this period, 44 states saw a decline in real median household income while Mississippi, Nebraska, North Dakota, Oklahoma, Vermont and Wyoming were the only states to see an increase in income.