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September 2003
U.S. Census Bureau: Income in the United States: 2002
(P60-221)
The 2002 median household money income in the
United States was $42,409, representing a 1.1 percent real decline
from its 2001 level of $42,900. By type of residence, the decline
in median household money income was experienced mainly by
households in metropolitan areas. Both family and nonfamily
households also experienced declines in money income. In contrast,
both men and women who were fulltime, year-round workers in 2002
experienced increases in their median earnings. Income inequality
as measured by money income did not change.
Traditionally, income data in Census Bureau
reports have been based on the amount of money people or
households receive during a calendar year. This income concept is
limited and does not provide a completely satisfactory measure of
economic well-being. 
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