State Median Income Sees Increase
Posted: 21 September, 2012
OMAHA (AP) - Strong farm income helped Nebraska record an increase in median income last year while the national median income declined 1.3 percent and most states saw their median income shrink.
A new Census report released Thursday said Nebraska’s median income grew 1.1 percent to $50,296 in 2011. Only 13 states and the District of Columbia recorded an increase in median income between 2010 and 2011. The University of Nebraska at Omaha’s David Drozd says the strength of agriculture has helped Nebraska and Iowa withstand the economic uncertainty of the past few years, and it’s a factor in these income figures.