Chapter 7 Bankruptcy Median Family Income Data Updated for 2010
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New Chapter 7 Bankruptcy Median Family Income Data Released

UPDATE: This is a new article about a previous update to the state median incomes, and the incomes listed below are no longer used for means testing. For more up-to-date about this table and the means test requirement, see our current median income table.

The Census Bureau released updated Median Family Income data, which the U.S. Trustee Program will use for all cases filed on or after October 1 when completing Bankruptcy Forms 22A and 22C.

What does this mean to you if you're considering bankruptcy?

Before you may file for Chapter 7 bankruptcy, you must determine if you are eligible for this form of bankruptcy protection. Under the new bankruptcy law - the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) - you must pass a means test before you can file for Chapter 7 bankruptcy.

The first step of the means test includes a comparison of your family income with the median income of the family of the same size in your state. The following table represents the updated median income figures your bankruptcy lawyer can help you compare with your income.

Essentially if you are at or below the median income for the family of your size in your state, you pass the Chapter 7 means test and are eligible to file Chapter 7 bankruptcy.

If you are above this median income, you are not necessarily disqualified from filing Chapter 7. You simply need to move on to the next step of the means test, which is a comparison of your disposable income and unsecured debts.

Here are the updated figures for the first part of the means test for Chapter 7 cases filed on or after October 1, 2008.

Census Bureau Median Family Income By Family Size
FAMILY SIZE
STATEEARNER 12 PEOPLE3 PEOPLE4 PEOPLE*
Alabama$35,507$44,922$51,130$61,586
Alaska$47,501$68,904$69,414$88,361
Arizona$41,792$55,489$59,709$69,210
Arkansas$32,380$43,755$47,101$54,721
California$47,363$62,690$68,070$77,014
Colorado$45,036$63,240$68,219$75,987
Connecticut$55,379$68,208$82,160$99,584
Delaware$44,479$58,501$74,320$76,085
District of Columbia$40,774$70,035$70,035$70,035
Florida$40,898$51,945$57,937$68,494
Georgia$39,253$52,055$59,668$68,908
Hawaii$50,832$63,778$70,481$85,577
Idaho$39,397$50,025$52,613$64,464
Illinois$45,604$57,829$66,189$78,182
Indiana$40,155$51,203$58,902$67,911
Iowa$39,851$52,608$61,526$71,309
Kansas$39,488$54,070$60,906$71,867
Kentucky$35,274$43,793$53,343$63,097
Louisiana$35,579$45,013$50,682$64,170
Maine$39,116$50,140$61,963$67,136
Maryland$53,489$71,213$81,811$99,884
Massachusetts$52,814$63,980$80,031$96,572
Michigan$43,050$51,594$60,997$73,490
Minnesota$45,832$59,778$72,808$84,394
Mississippi$31,152$40,383$44,752$53,697
Missouri$38,100$49,704$56,311$67,761
Montana$38,024$50,844$50,844$62,765
Nebraska$36,405$51,477$60,491$69,510
Nevada$46,412$58,318$63,351$71,972
New Hampshire$53,704$63,320$74,161$89,740
New Jersey$55,008$67,270$82,239$99,224
New Mexico$34,585$46,907$51,058$53,938
New York$44,803$54,898$65,477$79,966
North Carolina$37,055$50,419$55,182$67,541
North Dakota$36,813$51,415$65,143$69,098
Ohio$40,888$50,965$59,949$71,489
Oklahoma$36,830$49,424$52,479$59,755
Oregon$43,506$54,235$58,789$70,046
Pennsylvania$43,036$51,051$64,775$75,867
Rhode Island$44,748$57,121$70,117$88,035
South Carolina$37,296$48,944$52,806$63,535
South Dakota$34,219$49,180$55,985$66,451
Tennessee$36,308$46,927$53,149$62,226
Texas$37,120$52,878$54,943$63,945
Utah$47,026$54,715$61,437$69,260
Vermont$39,365$56,318$61,934$73,130
Virginia$47,852$62,926$70,485$82,598
Washington$48,783$61,172$67,004$79,397
West Virginia$37,275$41,280$49,111$57,552
Wisconsin$41,233$55,525$64,622$74,885
Wyoming$44,554$58,207$66,033$77,432
*Add $6,900 for each individual in excess of 4    

Source: U.S. Trustee Program

Learn more about Chapter 7 Bankruptcy with a Local Bankruptcy Lawyer

As you can see, the Chapter 7 means test can get a bit complicated. Cut through some of the clutter by speaking with a local bankruptcy lawyer who can help you examine whether Chapter 7 bankruptcy may help with your financial situation and also determine if you qualify for this consumer bankruptcy protection.

Simply fill out the below form or call 877-349-1309 and we'll help you get in touch with a local Chapter 7 bankruptcy lawyer for free.


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