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Family Income Reached Record Highs

Family income rose by $7,562, or 17 percent, between 1993 and 2000, after adjusting for inflation. There were seven straight years of income growth during the Clinton years, leading to an all time high in 2000. The median income of African American families increased by a third – $8,629 – to a record $34,616 in 2000. Median family income among Hispanics grew by $6,868, or 24 percent, to $35,403, also an all-time high.

  
   
   
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