Photo: 401K 2012 (Flickr)
A new Census report shows Indiana’s household income has increase slightly since January 2010. Indiana is one of 32 states whose median household income did not significantly change from January 2010 to November 2011, while many other states’ median incomes declined.
Indiana Business Research Center Deputy Director Carol Rogers says the numbers are mostly good news for the state. She says the auto industry’s recovery during 2011 and the first half of 2012 contributes to the slight income increase.
“Car manufacturing has been quite strong, and that’s had a positive influence for Indiana,” she says.
But, Rogers says, Indiana still sits about $4,000 below the national median household income, which is partially due to lower-wage jobs.
“What Indiana really wants is to be above the national average. We’re still not quite there yet,” she says.
The national median household income was $50,502 according to the census report.