Income levels for African-Americans and Hispanic-Americans increased in 1997, the Census Bureau said. Citing its March 1998 Current Population Survey, the bureau said real median income for African-American households was up 4.3% to $25,050 in 1997 compared to 1996 and up 4.5% to $26,628 for Hispanic-American households. Real median income for white households climbed 2.5% to $38,972.
The poverty rate for Hispanic families fell to 27.1% last year from 29.4% in 1996. The poverty rate for African-American families fell to 23.6% last year from 26.1% in 1996. The poverty threshold for a family of four was put at $16,400.
In 1997, Asians/Pacific Islanders had the nation's highest median household income at $45,249.
Copyright September 1998, Crain Communications Inc.