[MTK1]

A Census report released Tuesday offers a dim picture of Vermont's economy: the state's median household income for 2006-07 dropped by 4.7 percent from 2004-05.
That decline is the second largest in the nation during that time period, according to data from the U.S. Census Bureau report. Vermont's median household income went from $52,902 in 2004-05 to $50,423 in 2006-07, the report says.

"It was a big decline, which is surprising," said Art Woolf, economics professor at the University of Vermont.

Surprising, he said, because 2006-07 were robust years compared with this year, which has seen an increase in the unemployment rate amid a national economic downturn.
Woolf also said indicators paint a different picture of Vermonters' income. The state's income withholding tax revenue grew during that time period and continues to grow, he noted.

Census: Vermont household income down | burlingtonfreepress.com | The Burlington Free Press

[mustmove]

That's a bummer.

[vter]

According to the article, it might not be as "bad" as it seems. I agree with the article in that census data is not 100% reliable. We'll see what happens over the next couple of years with these numbers....like the article states the numbers have bounced around over the past-up/down up/down.

[flu189]

This can't be true. The state revenues are up and they reliably keep mining more cash from taxpayers. After getting home from my trip today I had the pleasure to have received a "revised" tax bill from town increasing it by $59.00. Where did the increase go, education of course. If my income goes up or not one thing which is for certain as is the knowledge it will snow this winter--the state will continue to plunder whatever they can for as long as they can. A shame they can't apply the philosophy concerning getting more oil, you know, drilling is not the answer.