American household median annual incomes have fallen 4.8% since the recession ended, from $53,508 in June 2009 -- when the recession technically ended -- to $50,964 in June of this year, a study found.
But for some subgroups, such as African Americans and those without a college degree, the declines were even starker, according to a study conducted by Sentier Research, an Annapolis
, Md.-based research group.
The nearly 5% decline during the recovery is even larger than the 2.6% drop in median income during the recession.
"This latest report continues our efforts to help chronicle one important dimension of the economic hardships now being experienced by a large number of American households," wrote co-author Gordon Green. "Based on our data, almost every group is worse off now than it was three years ago, with the exception of households with householders 65 years old and over."