Sentences with phrase «average household income rises»
Within 10 miles of the site, average household income rises to $ 71,454.
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Federal Reserve data show that average family income at households headed by self - employed people declined 5.4 percent in real terms between 1989 and 2010, while average family income at households headed by people working for others rose 20.4 percent in inflation - adjusted terms over the same period.
The average size of a new home loan has also been rising more quickly than average household incomes.
Total household assets rose by 6 per cent over the year to the December quarter 2004 (Table 7), in line with income but well below the average of previous years.
In the June quarter, the overall rise in housing - secured credit exceeded dwelling investment by the equivalent of 8 per cent of household disposable income, which is almost twice the average magnitude of housing equity withdrawal seen over the past two years (Graph 28).
If an aver - age household today produces more than twice as much labor in hours as an average household did 25 years ago, and receives only a fraction more in real income, then obviously the value of labor has fallen — even while the productivity of labor in the same period has risen sharply.
Despite the fact that the median household income continues to decline (now it's less than $ 50,000 a year), the average household debt continues to rise.
Referencing investigative journalist John Pilger from his 2006 book Freedom Next Time, O» Toole states that «while the average white household income in South Africa has risen by 15 % in the post-apartheid period, the average black household income has fallen by 19 %.»
The average U.S. household saw its disposable income rise $ 1,337 in 2015 because of lower utility bills and other energy - related cost savings, thanks to natural gas produced from shale with hydraulic fracturing and horizontal drilling.
Home prices are rising about 7.5 percent annually on average, while household income is only rising by about 2 percent, Yun says.
According to Hassett, the average U.S. household income could jump at least $ 4,000 a year, but could rise as much as $ 9,000 annually.
With mortgage rates expected to rise to 5 percent this year, Kiplinger forecasters predict it will cost the average household 17 percent of their income in 2014 to purchase a median - price home.