Census: Family income drops 2.9%

If your family's income has been decreasing, it appears you are far from alone. The Census Bureau said today that the median income for American families dropped 2.9% in 2009, down to $50,221 from $51,726.

It's the second year in a row that a drop has been reported, with income down 4% since 2007.
The bureau said family income decreased in 34 states, rose strongly in only one state -- North Dakota -- and pretty much stayed close to the same in others.