Wednesday, March 26, 2008

One step forward, two steps back

Study: N.C. family needs $42,841 a year

The average family of four in North Carolina requires $42,841 per year to provide for basic needs, according to a report from the N.C. Budget & Tax Center.

And it's even worse west of Statesville.

Although per capita income for the Asheville MSA for 2006 was approximately $30,789, the last time I looked it up, the breakdown showed that figure significantly inflated by rental, retirement and investment income. People earning wages earned proportionately less.

My guess is, that hasn't changed.

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