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The state with the highest median household income in the United States as of the US Census Bureau 2009 is Maryland with $69,272, followed by New Jersey, Connecticut and Alaska, making the Northeastern United States the wealthiest area by income in the entire country.
During the depths of the recession in 2009, as millions of Americans lost their jobs, homes and life savings, the highest-paid earners in the United States saw their average incomes increase...
Overall, including all households/individuals regardless of employment status, the median household income was $67,521 in 2020 while the median personal income (including individuals aged 15 and over) was $35,805. [5] [6] While wages for women have increased greatly, median earnings of male wage earners have remained stagnant since the late 1970s.
The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred in the late 2000s. The scale and timing of the recession varied from country to country (see map). [1] [2] At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and ...
In 2009, the average income of the top 1% was $960,000 with a minimum income of $343,927. During the economic expansion between 2002 and 2007, the income of the top 1% grew 10 times faster than the income of the bottom 90%.
Income levels vary with age. For example, the median 2009 income for households headed by individuals age 15–24 was only $30,750, but increased to $50,188 for household headed by individuals age 25–34 and $61,083 for household headed by individuals 35–44. Work experience and additional education may be factors.
2009: $40,711.61: 2010: $41,673.83 2011: $42,979.61: 2012: $44,321.67: 2013: $44,888.16 2014: $46,481.52: 2015: $48,098.63: 2016: $48,642.15 2017: $50,321.89: 2018: $52,145.80: 2019: $54,099.99 2020: $55,628.60
Income, Poverty, and Health Insurance Coverage in the United States: 2009; Image title: Current Population Reports, Consumer Income; Author: U.S. Census Bureau: Unique ID of original document: adobe:docid:indd:f950e127-f452-11dd-883c-b1e553b1148c: Date and time of digitizing: 11:59, 7 September 2010: File change date and time: 05:49, 16 ...
2009 () Budget of the United States federal government; Submitted: February 4, 2008: Submitted by: George W. Bush: Submitted to: 110th United States Congress: Total revenue: $2.7 trillion (estimated) $2.105 trillion (actual) 14.6% of GDP (actual) Total expenditures: $3.107 trillion (estimated) $3.518 trillion (actual) 24.4% of GDP (actual) Deficit
Further, the Center for American Progress estimated that 76% of the real income gains between 2009 and 2013 went to the top 1%. In December 2013, Obama declared that growing income inequality is a "defining challenge of our time" and called on Congress to bolster the safety net and raise wages.