According to a new report from the Economic Policy Institute, the disparity across family incomes in New Hampshire has increased over the past twenty years.
In 1980, the average income of New Hampshire's richest 20% of families was 4.6 times as large as the poorest 20% of families, and 2.0 times as large as the middle 20% of families. In the early 2000s, average incomes of the richest increased to 6.0 times as large as the poorest, and 2.4 times as large as those families in the midde.
Average New Hampshire family incomes over this twenty year span increased by $61,176 for the richest 20%, by $20,113 for the middle 20%, and by $6,382 for the poorest 20%. The study cites the average NH family incomes in the early 2000s at $137,905 for the richest 20%, $58,367 for the middle 20%, and $23,128 for the poorest 20%.
Source: Economic Policy Institute/Center on Budget and Policy Priorities, Pulling Apart: A State-by-State Analysis of Income Trends, January 2006. http://www.cbpp.org and http://www.epi.org
Posted by Paula Gregory at January 27, 2006 12:43 PM