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Fri October 1, 2010
Report: New Mexico Income Flat
By KRWG News
New Mexico – The Census Bureau reports that New Mexico didn't see a drop in household income like most states as the nation's economy deteriorated.
The agency's American Community Survey found that New Mexico had a median household income of about $43,000 in 2009. Half of the state's households had income above that and half were below.
The Census Bureau said 34 states had a decline, but North Dakota's household income increased from 2008 to 2009.
There was no statistically significant change in New Mexico and 14 other states. However, a legislative report said last month that New Mexico's economy has yet to bottom out.
Median household income nationally decreased by nearly 3 percent to about $50,200 last year.
Copyright 2010 The Associated Press.