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Median income across state falls

Posted at 12:24 PM, Dec 03, 2015
and last updated 2015-12-03 13:24:57-05

MADISON, Wis. (AP) -- New data from the U.S. Census Bureau shows the median household income fell in two-thirds of Wisconsin counties between 2009 and 2014.

The Milwaukee Journal Sentinel reports the census bureau released data Thursday that shows incomes fell by at least 10 percent in 10 counties. Vilas County saw the steepest decline at 13.3 percent.

Milwaukee County saw a 10.3 percent drop to $43.385. Dane County saw a 5.2 percent drop to $62,303. Incomes rose in two counties, Adams and Florence, and held relatively steady in 23 counties.

Wisconsin's declining incomes reflect a national trend. The country saw its median income drop by 7.5 percent to $53,482 after adjusting for inflation.

Wells Fargo Funds Management strategist Brian Jacobsen says the figures aren't surprising given the nation's slow economic recovery.