K-12 Tax & Spending Climate: Household incomes shrink while number living in poverty increases, census survey shows

Dan Simmons:

In Dane County, median household income dropped an inflation-adjusted $64,410 in 1999 to $58,661 in 2010. In Madison, median income dropped about 8 percent to $50,508.

In the county, the rate of people living in poverty jumped from 9.4 percent to 12.2 percent. In Madison, the percentage of people in poverty jumped to 18.7 from 15.

For those younger than 18, the rise was more dramatic in Dane County: 7.2 percent at the turn of the last decade, 11.9 percent in 2010. For those younger than 18, 17.1 percent in Madison live in poverty, up from 11.4 percent in 1999.

In Dane County, 6.5 percent of households surveyed in 2010 reported an income less than $11,000, half of the federal poverty line for a family of four, defined as extreme poverty. In Madison, 9.8 percent met that standard. Both outpaced the statewide average of 5.6 percent.

Posted by Jim Zellmer at December 9, 2011 1:01 AM
Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas