While the residents of most states and localities have seen their incomes decline since 2000, the population of the nation’s capital experienced something quite different.
The Census Bureau released national income data for 2011 and 2012 from the U.S. Census Bureau’s “American Community Survey,” Thursday revealing that from 2000 to 2012 the District of Columbia enjoyed the largest increase in median household income — from $53,995 to $66,583 or 23.3 percent — during that period.
For perspective, across the United States median income declined by 6.6 percent from 2000-2012 from $55,030 to $51,371.
The Washington, D.C. metro area — encompassing Washington D.C., Arlington-Alexandria and surrounding Virginia, Maryland and West Virginia suburbs — also enjoyed the highest media income of the 25 most populous metropolitan areas with a median income of $88,233.
The Tampa-St. Petersburg-Clearwater, Fla. Metro Area had the lowest median income in the list of 25 at $44,877.
The District of Columbia was not the only area to experience substantive income growth from 200-2012. North Dakota saw median income increase by 17 percent, as did Wyoming with an increase of 6.9 percent, Louisiana at 4.2 percent and South Dakota 4.1 percent.
The states with the largest declines in median income from 2000-2012 were Michigan with a reduction of 19.1 percent, Georgia with a loss of 13.7 percent reduction, Indiana at 13.2 percent, Mississippi at 15.0 percent and Tennessee 12.2 percent.
(H/T WSJ)