Hawaii Outpaced U.S. In Income Growth, Poverty Decline Since 2000
It's been a rough decade for the American economy, but Hawaii has escaped comparatively unscathed.
The islands experienced a smaller dip in real income between 1999 and 2009 than the nation at large and the percent of citizens living in poverty dropped in Hawaii even as it grew on the mainland, according to American Community Survey data released by the U.S. Census Bureau earlier this month.
The survey found that the national median household income rose to $51,425 from $41,994 in the 2000 Census. But after adjusting for inflation, the "real income" or "purchasing power" of Americans has dipped 4.9 percent in the past 10 years. The latest data comes from surveys taken between 2005 and 2009.
In Hawaii, real income dropped by 2.3 percent in the same time, though the Big Island and Kauai saw strong increases.1