Tags » Median Household Income

When Mortgage Rates Rise

Mortgage rates have remained relatively low this year, and little changed, despite previous predictions of an inevitable rise. Borrowers, though, may be wondering how much longer this environment can last. 363 more words

Mortgage/Industry News

How Does DC Stack Up Against States?

A few additional factoids from the new Census Bureau figures — all reinforcing the acute income divide I’ve already remarked on.

On the one hand, the median income for households in the District was higher than the medians in all but four states. 50 more words

District Of Columbia

The aftermath of the Great Recession in US - Historically terrible for the middle class

The Census Bureau has been tracking median household income since 1967. America has endured seven recessions since then. The first five of those recessions saw a similar pattern when they ended: By the fifth year of recovery, median incomes had risen. 929 more words

United States

The Fed Wimps Out

As widely expected (at least since Jon Hilsenrath’s public prognostication yesterday), the Fed decided not to change the language in its press release this afternoon.  Apparently, the central bank remains concerned enough to keep interest rates very low for a “considerable time” after it finishes its asset purchases (“Quantitative Easing”).  949 more words

Market Commentary

The U.S. still has more than 45 million people in poverty, Census Bureau says

So, the big headline of the U.S. government’s latest poverty report didn’t offer much in the way of news: the official U.S. poverty rate declined to 14.5% last year, from 15% in 2012, but the 45.3 million people living at or below the poverty line “did not represent a statistically significant change.” 360 more words


American families are stuck in a lost quarter century

Mark it down as another bleak milestone for the American middle class.

The US Census Bureau just published its annual update on income and poverty… 469 more words

Median Household Income in the United States

With a little help from browsing through census data and experimenting with QGIS, I found an easy way to visually display data sets by combining the US Census Bureau’s… 1,014 more words