Question of the Month -
August/September 2006

Q:

What are the latest median household income statistics for the SLC states and how do they compare with the prior review period?

A: Two-Year-Average1 Median Household Income by State:  2004 and 20052

 Income in 2005 Dollars

Median Income
Difference
Percent Change
SLC Rank in 2005
National Rank in 2005
2003/2004
2004/2005
United States
$45,893 $46,071 $178 0.4
Maryland
$57,265 $59,762 $2,498 4.4 1 2
Virginia
$55,494 $52,383 -$3,111 -5.6 2 10
Georgia
$43,695 $44,140 $445 1.0 3 29
Missouri
$44,994 $43,266 -$1,727 -3.8 4 31
Florida
$41,624 $42,440 $816 2.0 5 35
Texas
$42,228 $42,102 -$127 -0.3 6 37
North Carolina
$40,572 $41,820 $1,247 3.1 7 38
South Carolina
$40,410 $40,107 -$302 -0.7 8 40
Tennessee
$39,583 $39,376 -$207 -0.5 9 42
Oklahoma
$39,519 $39,292 -$227 -0.6 10 43
Alabama
$38,695 $37,502 -$1,193 -3.1 11 44
Louisiana
$36,603 $37,442 $839 2.3 12 45
Kentucky
$37,999 $36,750 -$1,249 -3.3 13 46
Arkansas
$35,058 $36,406 $1,348 3.8 14 47
West Virginia
$34,629 $35,467 $838 2.4 15 49
Mississippi
$35,324 $34,396 -$928 -2.6 16 50