Real median household income remained unchanged between 2002 and 2003 at $43,318, according to a report released today by the U.S. Census Bureau. That's not.... Real median household income remained unchanged between 2002 and 2003 at $43,318, according to a report released today by the U.S. Census Bureau. That's not bad news, but it's not good news either. It's also where the hope for any good news stops. At the same time, the nation’s official poverty rate rose from 12.1 percent in 2002 to 12.5 percent in 2003. The number of people with health insurance increased by 1.0 million to 243.3 million between 2002 and 2003, and the number without such coverage rose by 1.4 million to 45.0 million. The percentage of the nation’s population without coverage grew from 15.2 percent in 2002 to 15.6 percent in 2003.

On Income, real median income did not change between 2002 and 2003 for non-Hispanic white households (about $48,000), black households (about $30,000) or Asian households (about $55,500).
Households with Hispanic householders (who can be of any race) experienced a real decline in median income of 2.6 percent between 2002 and 2003.

And if the South would go to the president in the upcoming election, there's also less justification thanks to the Census report. While real median household income remained unchanged between 2002 and 2003 in three of the four census regions — Northeast ($46,742), Midwest ($44,732) and West ($46,820). The exception was the South, where income declined 1.5 percent. The South continued to have the lowest median household income of all four regions ($39,823). The difference between median household incomes in the Northeast and West was not statistically significant.

More data, native households had a real median income in 2003 ($44,347), not different from that in 2002. Foreign-born households experienced a real decline of 3.5 percent to $37,499.

Women lost ground too. Real median earnings of men age 15 and older who worked full-time, year-round in 2003 ($40,668) remained unchanged from 2002. Women with similar work experience saw their earnings decline — 0.6 percent to $30,724 — their first annual decline since 1995. As a result, the ratio of female-to-male earnings for full-time, year-round workers was 76 cents for every dollar in 2003, down from 77 cents for every dollar in 2002.

On poverty, the number of people below the official poverty thresholds numbered 35.9 million in 2003, or 1.3 million more than in 2002, for a 2003 poverty rate of 12.5 percent. Although up from 2002, this rate is below the average of the 1980s and 1990s. The poverty rate and number of families in poverty increased from 9.6 percent and 7.2 million in 2002 to 10.0 percent and 7.6 million in 2003. The corresponding numbers for unrelated individuals in poverty in 2003 were 20.4 percent and 9.7 million (not different from 2002).

Children can't vote, but if they could they might think twice before voting for four more years. For all children under 18, the poverty rate increased from 16.7 percent in 2002 to 17.6 percent in 2003. The number in poverty rose, from 12.1 million to 12.9 million.

As for insurance, the number of people with health insurance coverage rose from 242.4 million in 2002 to 243.3 million in 2003. Nonetheless, the percentage with coverage dropped from 84.8 percent to 84.4 percent, mirroring a drop in the percentage of people covered by employment-based health insurance (61.3 percent in 2002 to 60.4 percent in 2003). This decline in employment-based health insurance coverage essentially explains the drop in total private health insurance coverage, from 69.6 percent in 2002 to 68.6 percent in 2003.

There you have it, an analysis of these boom times by your very own Census Bureau.