Indicator 42: Median Household Income Compared to U.S. Median
Rationale: The citizens who helped create Minnesota Milestones stated clearly that income slightly above the poverty level is not adequate for a reasonable standard of living. The indicators for this goal deal with several aspects of employment and income.
Comparing Minnesota's median income to the nation's median income indicates how Minnesota families are faring compared to the rest of the nation.
About this indicator: Between 2005 and 2008, the ratio of Minnesota median household income to U.S. median household income ranged from 1.15 to 1.13. This was just slightly higher than the ratio in the 2000 Census, 1.12. In 2009, the indicator dropped to 110.74. Minnesota ranks 13th in median household income, down from 10th in 2006.
Minnesota median household income as a percentage of U.S. median
| Year | Data |
|---|---|
| Minnesota median household income as a percentage of U.S. median, U.S. Census Bureau | |
| 1990 | 102.8% |
| 2000 | 112.2% |
| 2005 | 114.6% |
| 2006 | 114.2% |
| 2007 | 113.1% |
| 2008 | 113.3% |
| 2009 | 110.7% |
For comparison: In the 1990 Census, median income in Minnesota was 3 percent above the national average. Minnesota incomes grew rapidly relative to the national average in the 1990s, but in the 2000s income growth has been slower.
Sources:
- U.S. Bureau of the Census, Decennial Census and American Community Survey, http://factfinder.census.gov/home/saff/main.html
Related 2002 Milestones indicator:
Local data:
Milestones is a product of the Minnesota State Demographic Center, a division of the Department of Administration