The nation may be in better economic shape, but that doesn't mean Americans' paychecks are.
Median annual household income has fallen 4.4% to $52,098 in the four years since the economic recovery began.
Black Americans took the biggest income hit since the Great Recession ended.
Median household income for blacks dropped by more than $4,000 to $33,519. Whites, on the other hand, saw their median income slip just over $2,000 to $58,000.
Married couples and single women, meanwhile, have fared better than single mothers and men living alone.
And those who are starting and those nearing the end of their careers have also taken big income hits, while senior citizens saw their incomes climb.
Mitt Romney thinks the economy is improving.
That might come as a shock if you've heard the candidate's stump speech. But it's true.
Romney met with voters Monday in Springfield, Ill., on President Obama's home turf, and made clear that he is not a member of the second-recession doomsday crowd.
"I believe the economy is coming back by the way," Romney told the crowd. "We'll see what happens, it's had ups and downs, MORECharles Riley - Mar 20, 2012 11:16 AM ET
Even though the national economy is on the upswing, many Americans haven't been reaping the benefits.
In fact, the median household income in January was $50,020, or 5.4% lower than it was in June 2009, the beginning of the economic recovery, according to a new estimate from Sentier Research, based on Census data.
This decline in income comes despite improvements in the job market. The unemployment rate stood to 8.3% in January, MORETami Luhby - Mar 6, 2012 12:16 PM ET
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