US median income fell and income inequality grew in 2011

By: Leslie Black-Plumeau, Reposted from Housing Matters, VHFA, September 14, 2012 “Estimates from the U.S. Census Bureau showed a 1.5 percent decline in median household household income in 2011 relative to the prior year.  Despite this decline at the middle, income levels among the top 10 percent increased, contributing to growing income inequality nationwide…” Link to Full Article  PDF of Full Article Link to Income, Poverty and Health Insurance Coverage in the United States: 2011

#Homelessness #Poverty #StateBudgetFunding #Housing #HousingMarket #HousingAgencyandNonprofitNews #VHFA