Great Recession leaves Michigan poorer, Census numbers show
Michigan families’ homes are worth less than before the recession. They own fewer cars, earn less money, work fewer hours and are more likely to be raising children in poverty than in 2006, according to 2010 Census interviews, Booth News Service reported.
Median income for Michigan households in 2010 was $45,413, a decrease of 3.7 percent from pre-recession levels. Adjusted for inflation, it was down 11 percent from 2006. That compares with the national average decline of 4.5 percent, according to the report.
Among the state’s 10 most populous counties, affluent Oakland County saw the largest drop — an inflation-adjusted 16.2 percent, the story said.
In Washtenaw County, that inflation-adjusted drop was 9.1 percent.