Real Median Household Income & Poverty Measures

As seen in the recently (September 16) released “Income, Poverty, and Health Insurance Coverage in the United States, 2009” (pdf) from the U.S. Census Bureau, Real Median Household Income was $49,777 in 2009, as seen on page 6.  On page 14, the Poverty Rate is seen at 14.3%, encompassing 43.6 million people.

As seen on the chart on page 6, Real Median Household Income has experienced anemic growth for decades.  In 1967 it was roughly $40,000 in real terms.

As for the Poverty figures, this measure has been widely criticized.  However, even if one uses the as-stated figures, it is obviously substantial.

A Special Note concerning our economic situation is found here

SPX at 1125.59 as this post is written