Nevada income sees biggest decline in nation |

Nevada income sees biggest decline in nation

Associated Press

LAS VEGAS (AP) – Nevadans are leading the nation in loss of income. Recent Census data shows Nevada had the highest percent decline in median income in 2010.

That year Nevadans’ income declined by 11.9 percent. The median household income was $51,000.

Only five other states saw income levels drop by at least 10 percent.

Nevada also had the second highest increase in the national poverty rate, after only Florida.

Nevada’s poverty rate increased by 4.3 percent. Florida’s grew by 4.4 percent.

The Census data is the latest example of Nevada’s stalled economy.

The state also has the highest unemployment rate in the nation.

Support Local Journalism

Support Local Journalism

Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User