State’s Median Income Up More Than 3 Percent

Overall, in another sign that California’s economy is shaking off the recession, state tax officials reported Tuesday that the statewide median income – for 2012 – was $70,938, up 4.1 percent over the previous year. That’s for those filing joint tax returns. For individual returns, the 2012 median income was $35,910, an increase of 3.5 percent, according to the state Franchise Tax Board.

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