|Background: Nominal median family incomes – unadjusted for inflation – help assess buying power of the workforce and serve as a measure of economic opportunity for those seeking work. For more information on median family income, visit the Bureau of Labor Statistics. The 2011 Southern Winnebago County LIFE Study contains additional information on incomes in Oshkosh and the surrounding communities.|
Analysis: Nominal median family incomes tend to fluctuate with the economy, reacting in part to unemployment rates and inflationary pressures. During the 2001-2010 timeframe, nominal median family income in Winnebago County was, on average, $2,871 higher than the State's median family income. Between 2001 and 2008, nominal incomes steadily increased at both county and state levels; however, during 2009 this upward trend faltered, with both state and county showing modest declines. As the economy recovered in 2010, Winnebago County's median family income increased by 3.82% while Wisconsin's median family income increased by 2.09%.
Analysis provided by the University of Wisconsin Oshkosh
Updated: June 13, 2012
2011 Southern Winnebago County LIFE Study