Utah staying ahead of median income curve

census0512Looking at the census release of 2012’s median income numbers, Utah can now claim it’s 14th in the nation for median incomes at $57,049 per household. That’s 9.95% above the national average ($51,371) and it’s an increase from last year.

Among the 50 states plus D.C., Utah is only one of eight that has seen their 2012 median income numbers increase over the 2005 numbers.  The national average has gone down every year since 2007’s height.

USA
2005 – $54,387
2007 – $56,189
2009 – $53,760
2011 – $51,557
2012 – $51,371

Only one has seen their numbers go up every year – the District of Columbia.

This shows that Utah’s one of the states on its way to recovery, but it also shows what effects the post 9/11 collapse and then the 2008 crash have had on the economy. In 2000, Utah’s median income average was $60,681 compared to the national average of $55,030.

 Most improvement between 2005 and 2012:
1. DC +20.77%
2. North Dakota +16.83%
3. West Virginia +10.43%
4. Oklahoma +8.84%
5. South Dakota +8.49%
6. Texas +8.48%
7. Wyoming +6.52%
8. Utah +6.42%
9. Alaska +6.36%
10. Louisiana +6.28%
Least improvement between 2005 and 2012:
1. Nevada -9.19%
2. Michigan -9.18%
3. Georgia -7.42%
4. Florida -5.08%
5. Rhode Island -4.30%

 

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