New Census data shows NM household income fell 3.1 percent A new report by the U.S. Census Bureau shows that New Mexico has gone backward in three key areas: median household income, the number of people living in poverty and the number of young adults who have health insurance. To access this story, copy and paste this url in your browser: www.bizjournals.com/albuquerque/news/2012/09/20/new-census-data-shows-nm-household.html?ana=twt
The ACS showed that New Mexico’s median household income fell by 3.1 percent from 2010 to 2011, making it one of 18 states that saw significant decreases in their median income, according to the Census Bureau’s 2011 American Community Survey.
The number of New Mexicans living in poverty in 2011 increased to 439,914, or 21.5 percent of the population, compared to 413,851, or 20.4 percent in 2010.
Nationally, the poverty rate increased to 15.9 percent, or 48.5 million people, from 15.3 percent, or 46.2 million in 2010.
New Mexico also saw a decline — the only state to do so — in the percentage of young adults aged 19 to 25 that had health insurance. The insurance rate for those young adults dropped to 60.6 percent from 61.4 percent in 2009 for a 0.8 percent decline.
The percentage of young adults with private health insurance fell to 45.7 percent from 47.1 percent in 2009, a 1.4 percent decrease.