Price of Beef and Bacon Reach All-Time High

Per CNSNews.com 

The price of beef and bacon hit its all-time high in the United States in June, according to data released Tuesday by the Bureau of Labor Statistics (BLS).
In January 1980, when BLS started tracking the price of these commodities, ground chuck cost $1.82 per pound and bacon cost $1.45 per pound. By this June 2014, ground chuck cost $3.91 per pound and bacon cost $6.11 per pound.

A decade ago, in June 2004, a pound of ground chuck cost $2.49, which means that the commodity has increased by 57 percent since then. Bacon has increased by 78.7 percent from the $3.42 it cost in June 2004 to the $6.11 it costs now.

Indiana 2012 IRS Data by Zip Code/County

IRS released data tax filings for 2012 from across the United States and showed the breakdown by both zipcode and county for states. The IRS does produce good data reports throughout the years that shows how people move and in out of income brackets. In reality, this usually debunks a lot of political talking points like “the poor” and “income inequality”. Many data numbers the IRS have garnished from people filing taxes is the movement of incomes and tax brackets that are achieved.

I looked at the tax filings by zip code only so far. Found some interesting stats for the state of Indiana. Here is what I found for the year 2012:

– 2,992,840 returns filed

– The top 3 returns filed by zip code were 1) 46143(Greenwood) 24,340   2) 46227(Marion County/Perry Township) 26,280   3)46307(Crown Point) 30,070

– State wide returns filed by salary:

58k returns were $200k or more

261k returns were $100-$200K

240k returns were $75-$100K

373k returns were $50-$75k

1.59 million returns were $50k or less

– 49,000 farms were filed on tax returns

– Just over 1 Million of the returns showed payments from either Social Security benefits or Annuities/Pensions.

 

Like I said, many more numbers were in the data and the county breakdown I didn’t even research…..yet. But enjoy the digging in.