According to the U.S. Census Bureau report released earlier this week, real median household income in the United States climbed by 1.3% between 2006 and 2007 while the number of people without health insurance declined from 47 million (15.8% of the population) in 2006 to 45.7 million (15.3%) in 2007. The new median income is $50,233. Meanwhile, the nation's official poverty rate in 2007 was 12.5% which was not statistically different from the previous year.
These findings are contained in the Census Bureau report titled: Income, Poverty, and Health Insurance Coverage in the United States: 2007.
The good news is real median household income grew and the number of uninsured declined. Hopefully, that trend will continue.
Don C. Brunell, President (DonB@awb.org)
