Median household income in the United States declined for the second straight year, according to datareleased by the U.S. Census Bureau last month. The national median income was $50,502 in 2011, more than 8% below the 2007 pre-recession peak. The country’s largest cities followed the same pattern, with income falling in some cases by more than 10%. Even in the country’s wealthiest metropolitan areas median household income fell in many cases.
To read the original article: America’s Richest Cities - 24/7 Wall St.
