Income Data: What Women Earned Last Year
The Census Bureau releases a key report.
The U.S. Census Bureau today released some key figures on income, poverty, and health insurance coverage. Let's take a look at the income highlights:
Real median household income increased 1.3 percent, to $50,233, in 2007. Real median income (inflation-adjusted) for black and non-Hispanic white households rose in 2007 for the first time since 1999. It was flat for Asian and Hispanic households.Real median income rose in the Midwest and the South, declined in the Northeast and was flat in the West.Income for foreign-born households with a householder who was not a U.S. citizen dropped by 7.3 percent, to $37,637.Women who worked full time, year-round, earned 78 percent of what corresponding men earned. But both men and women saw an increase in real earnings after three years of declines.Income inequality decreased in 2007 from 2006. The top fifth of the nation's households saw a decline, while aggregate income grew for the third and fourth quintiles.