Finally rising household incomes
2015 turns out to be the year that a growing economy finally delivered rising incomes for low and middle income Americans and Michiganders. Median household income nationally rose 5.2 percent. In Michigan 2.4 percent. Michigan’s median household income in 2015 was $51,084 compared to $56,517 for the nation. The poverty rate fell nationally from 14.8 to […]