Census: Family income drops 2.9%

Workers rally for more jobs
Workers rally for more jobs

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.

Originally published