Wednesday, February 12, 2014

Texas surpasses Illinois in median household income

Illinois Policy Institute reports:
The common refrain made against Texas by those who defend the status quo in Illinois is that the jobs being created in the Lone Star State are lower-paying and less-rewarding opportunities.

But not anymore. Texas is now unquestionably besting Illinois in providing for the middle class.

According to the U.S. Census Bureau, in 2012 the inflation-adjusted median household income for Texas surpassed that of Illinois for the first time since 1984, when the statistic first started being recorded.

That means the household making the median income in Texas is taking home a bigger paycheck than the household making the median income in Illinois.

No word yet from Rahm Emanuel or Governor Pat Quinn on this story. Also, no word yet on when Cook County Democrats will say making less money means more free time to enjoy the benefits of lower paying jobs or no jobs.