or login to your SBJ.net account
Forgot your password or username?
Search only accepts letters and numbers.
Census data shows drop in household net worth
Monday, June 18, 2012 6:40 AM
The 12 states including Missouri in the U.S. Census Bureau's Midwest region recorded a 15.5 percent decrease in median household net worth 2005-10.
In 2010, the Midwest median net worth per household was $77,769, compared to $92,082 in 2005, according to the Census Bureau's Survey of Income and Program Participation released this morning.
Comparatively, the U.S. median household net worth declined 35 percent to $66,740 from $102,844 during the same time period.
“The overall decline in net worth reflects drops in housing values and stock market indices,” Census Bureau economist Alfred Gottschalck said in a news release.
The Census Bureau's Northeast region recorded the highest median household net worth in 2010 - $86,758 - but it declined from $106,888 in 2005. The West region, which ranked the highest in 2005 at $128,400, was the lowest in 2010 at $57,034. The Midwest ranked No. 2 in 2010 after ranking No. 3 in 2005.
Please fill out the form below to submit a comment.
Message is a required field.
Captcha entry is not valid, please try again.
A comment must be approved by our staff before it will displayed on the website.
SEARCH SPONSORED BY
Springfield banker takes over BancorpSouth’s Missouri operations
Record number of Americans dump US passports
Noranda files for bankruptcy
'The Good Wife' calls it quits
Wichita earthquakes cause $100K in damage to city buildings, infrastructure
Chiefs settle age discrimination case with former employee
Big Whiskey’s to enter Ark. market with first franchisee
Startup Corner: Ben Clayton, Double Jump Media
Springfield tax collections fall short of projections
Opinion: Twitter savvy isn't for the birds
Opinion/Letters to the Editor
© 2016 Springfield Business Journal, Springfield, Missouri. All Rights Reserved. To contact SBJ, call (417) 831-3238.
Software © 1998-2016 1up! Software, All Rights Reserved