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Extra info for American Incomes: Demographics of Who Has Money

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Numbers will not add to total because some people identified themselves as being of more than one race, not all races are shown, and Hispanics may be of any race. (–) means not applicable or sample is too small to make a reliable estimate. 7 Note: Asians and blacks include those who identified themselves as being of the race alone and those who identified themselves as being of the race in combination with one or more other races. Non-Hispanic whites include only those identifying themselves as being white alone and not Hispanic.

Since 1990, black households have enjoyed the greatest income growth—a 17 percent increase, after adjusting for inflation. The median income of Hispanic households rose 11 percent during those years, while that of non-Hispanic whites was up 10 percent and that of Asians just 2 percent. ■ As blacks make gains in educational attainment, their household incomes will continue to climb. 3 Note: 2002 data are for the race-alone-or-in-combination population, which includes those identifying themselves as being of the race alone and those identifying themselves as being of the race in combination with one or more other races.

The 2002 figures are not strictly comparable with those for earlier years, which may have included whites in combination with one or more other races. Source: Bureau of the Census, Income in the United States: 2002, Current Population Reports, P60-221, 2003 AMERICAN INCOMES: Demographics of Who Has Money 15 Most Age Groups Have Lost Ground Since 2000 But median household incomes were higher in 2002 than in 1990 or 1980 in every age group. All but one age group saw its median income decline between 2000 and 2002 as the recession of 2001 cut jobs and incomes.

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