As late as 2000, times were pretty good. Poverty was a minuscule 6.5%, incomes were growing and folks were relocating to Bensenville from outside the state at a steady rate.

But Bensenville's fortunes have since changed. Incomes have dropped by 11.4% (without accounting for inflation), poverty has more than doubled and domestic in-migration has grou... See more

Median incomes can drop if young workers or immigrants are moving to an area and taking newly formed jobs at lower salaries, which isn't necessarily a sign that times are tough. However, if the number of folks under the poverty line surges while incomes drop, it's a sign of economic decline instead of transition. This is what's happening in places ... See more

Economists often debate about what the change means. The most pessimistic interpretation, advanced by economists including Jeffrey Sachs of Columbia University, is that the pattern reflects profound structural problems in the American economy: among them, increasing competition from other countries, an imbalance between the service and manufacturin

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