Where’s the growth?

by Robert Maynard

Numerous writers for this site have frequently pointed out that Vermont is on the wrong tract economically.  As if to underscore that contention, a recent article in the online edition of Vermont Business Magazine has pointed ou that Vermont’s median household income has been falling for over a decade:

Real median household income in Vermont fell slightly over the last year (2011-2012) and from 2000 to 2012, according to a report by the US Census. Vermont incomes fell 1.6 percent in both of those measures. Vermont median household income was $53,840 in 2000 and $52,977 in 2012.

Meanwhile, the United States as a whole showed no statistically significant change between the 2011 American Community Survey (ACS) and the 2012 ACS (see Table Below).

One thought on “Where’s the growth?

  1. Robert can you tell from the article whether the income figures are adjusted for our real but carefully ignored inflation?

Comments are closed.