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American Incomes Are Falling And Near-Retirees Are Getting Crushed: Study

Henry Blodget
Daily Ticker [1]
August 24, 2012

Annual incomes in the United States have dropped sharply in recent years, and near-retirees are getting hit the worst.

That’s the conclusion of a new study by Sentier Research, which looked at the trend in median U.S. household incomes since 2000.

Twelve years ago, after adjusting for inflation, the median household in the United States earned about $55,000 per year, reports Catherine Rampell of the New York Times, citing Sentier’s data.

Now, the median income has fallen to about $51,000.

Full story here. [1]