Sentences with phrase «median family income rose»
Median family income rose about 4 percent.
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Rising home prices, despite an increase in the national family median income ($ 67,723) 4, slightly decreased affordability in the third quarter compared to the third quarter of last year.
Ron: «According to StatCan real family median income rose 4.5 % from 1985 to 2007.
According to StatCan real family median income rose 4.5 % from 1985 to 2007.
Median family income has risen only about 0.5 percent per year - and as far as we can tell from somewhat unreliable data, just about all of that increase was due to wives working longer hours, with little or no gain in real wages.
Using a constant dollar pegged to the 1979 inflation level, one notes a steady rise in consumer purchasing power as the median family income increased from $ 10,008 in 1950, to $ 13,774 in 1960, to $ 18,444 in 1970, and to $ 19,684 in 1979.
«Although interest rates have fallen in recent months, median family incomes are still lagging behind price gains, and mortgage rates will inevitably rise with the upcoming changes in monetary policy,» he said.
According to a study by the Center for American Progress, health care costs for median - income families rose by $ 9,000 between 2002 and 2012, which has had a serious impact on middle - class families» budgets.
«Although interest rates have fallen in recent months, median family incomes are still lagging behind price gains, and mortgage rates will inevitably rise with the upcoming changes in monetary policy,» he said.
Lower interest rates and a slight rise (0.7 percent) in the national family median income ($ 64,751) led to improved buying power in a majority of metro areas during the second quarter.