DETROIT (AP) -- The latest census report shows the median household income dropped more in Michigan from 2008 to 2009 than in any other state.
The information was released Tuesday in the American Community Survey.
Comerica Bank Chief Economist Dana Johnson tells The Detroit News he thinks the scope of the income losses shows Michigan was in a one-state depression.
The median income in Michigan dropped 6.5 percent from 2008 to 2009, to $45,255. Nationwide, median household income was down 2.9 percent for the same period.
The survey also shows that after decades of white flight from Detroit, the percentage of white, non-Hispanic people living in the city went up last year. The Detroit Free Press reports the percentage rose from 8.4 percent in 2008 to 13.3 percent in 2009.
Published: Fri, Oct 1, 2010
