ERIC Number: ED481479
Record Type: Non-Journal
Publication Date: 2003-Sep
Reference Count: N/A
Income in the United States: 2002. Current Population Reports. Consumer Income.
DeNavas-Walt, Carmen; Cleveland, Robert W.; Webster, Bruce H., Jr.
Using data from the 2003 Current Population Survey Annual Social and Economic Supplement, this study found that real median household money income declined by 1.1 percent between 2001-2002 to $42,409. Real median household income was unchanged between 2001-2002 for three of four alternative income definitions. The fourth, real median household income less taxes, declined 0.8 percent. Real median household money income declined for all race groups except those with a white or Asian householder. Under the alternative income definitions, most groups experienced no change. The real median money income of both family and nonfamily households declined between 2001-2002. The real median money income of households declined in the midwest for the second consecutive year, to $43,622, while it remained unchanged in other regions. For the second consecutive year, real median money income declined for households inside metropolitan areas. Per capita income declined by 1.8 percent, in real terms, between 2001-2002, to $22,794. Comparing 2000-2001 with 2001-2002 average medians, the real median household income rose for one state (Oklahoma) and declined for 10 states and the District of Columbia. Both the Gini index of income inequality and quintile shares of aggregate income indicated no change in household money inequality between 2001-2002, but income inequality declined between 2001-2002 under each of the four alternative income definitions. An appendix includes historical income data tables. (SM)
Descriptors: Economic Research, Economically Disadvantaged, Ethnic Origins, Family Financial Resources, Family Income, Poverty, Racial Differences, Socioeconomic Status
Superintendent of Documents, U.S. Government Printing Office, Mail Stop SSOP, Washington, DC 20402-0001. Tel: 202-512-1800; Tel: 866-512-1800 (Toll Free); Fax: 202-512-2250; Web site: http://www.bookstore.gpo.gov. For full text: http://www.census.gov/hhes/www/income02.html.
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Authoring Institution: Bureau of the Census (DOC), Suitland, MD.