Minnesota poverty is down, income is up

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There was more good news on Minnesota's economy today. An annual report from the Census Bureau shows that incomes in the state are rising as the poverty rate falls. The annual median income in the state was up 3.3 percent, to just over $48,000. The poverty rate fell 1.2 points to just under nine percent. Tom Stinson is the state economist. He says the good numbers can be traced back to the tight labor market.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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