Census: Sacramento household income fell 5 percent in 2011

Published: Monday, Sep. 24, 2012 - 10:32 am
Last Modified: Thursday, Nov. 14, 2013 - 5:09 pm

Household income in the Sacramento region continued a years-long free fall in 2011, dropping by roughly 5 percent, according to the latest census figures.

Median household income - the middle income in a list ranked from highest to lowest - went from $57,854 in 2010 to $55,151 in 2011, according to the Census Bureau's American Community Survey. That 5 percent decline was much steeper than the roughly 1 percent decline seen nationwide.

Sacramento was hit disproportionately last year by continued cuts in government spending and continued weakness in the construction industry.

Next year's numbers may not be as bleak: The region's unemployment rate has fallen by about 1.5 percentage points and the region has added 17,000 jobs in the last 12 months.

But it will take years for incomes to rise to prior levels. Adjusted for inflation, median household income in the region has fallen by 15 percent since 2007.

This chart shows median household income, in current dollars, for the Sacramento region during the last five years.

Source: U.S. Census Bureau

© Copyright The Sacramento Bee. All rights reserved.

Read more articles by Phillip Reese



Sacramento Bee Job listing powered by Careerbuilder.com
Quick Job Search
Sacramento Bee Jobs »
Buy
Used Cars
Dealer and private-party ads
Make:

Model:

Price Range:
to
Search within:
miles of ZIP

Advanced Search | 1982 & Older

TODAY'S CIRCULARS