[lbo-talk] Median income higher than in 1985

[Wojtek Sokolowski]

"As the U.S. population crossed the 300 million mark
sometime around 7:46 a.m. Tuesday (according to the
U.S. Census Bureau), the typical family is doing a
whole lot better than their grandparents were in 1967,
the year the population first surpassed 200 million. 

Mr. and Mrs. Median's $46,326 in annual income is 32%
more than their mid-'60s counterparts, even when
adjusted for inflation, and 13% more than those at the
median in the economic boom year of 1985. And thanks
to ballooning real estate values, average household
net worth has increased even faster. The typical
American household has a net worth of $465,970, up 83%
from 1965, 60% from 1985 and 35% from 1995. "

more at 

http://biz.yahoo.com/weekend/avg_1.html

Any comments?  Doug?

Wojtek

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