Results 1 to 2 of 2
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
02-21-2018, 03:46 AM #1
Bay Area Income Inequality Among Highest in Americ
Bay Area Income Inequality Among Highest in America
20 Feb 2018
Brookings Institution research confirms that the San Francisco Bay Area has the highest income inequality levels in the United States.
Brookings develops income inequality multiples for America’s 100 largest metropolitan areas by dividing the income earnings of the top 5 percent of households by the income earnings of the lowest 20 percent of households.
In 2014, the San Francisco metropolitan area was the only Northern California region to be in the nation’s top 10 for income inequality. With the top 5 percent of households making an average of $353,483, and the lowest 20 percent of households making $31,761, the income inequality ratio was 11.1, the third-highest income inequality in America.
Two years later, in 2016, San Francisco’s income inequality was still the third highest, at a ratio of 11. But the San Jose metropolitan area had jumped from the 17th highest rate of income inequality in 2014 to the 6th highest rate in 2016. With the top 5 percent of households making an average income of $428,363 and the lowest 20 percent of households making an average income of 40,807, the income inequality ratio was 10.5.
The San Jose metropolitan area’s top 5 percent of household incomes were second only to Bridgeport, Connecticut, with a household income average of $485,657. But San Jose’s lowest 20 percent was the highest average metropolitan household income for the nation’s lowest 20 percent of household incomes.
The Bay Area’s combined two metropolitan areas encompass the counties of San Francisco, San Mateo, Alameda, Contra Costa, Marin, and Santa Clara. With a combined income inequality ratio of about 10.8, there are no two adjoining metropolitan areas that come anywhere close to the inequality of the Bay Area. The gap between the highest earning group and the lowest group of earners expanded by a stunning $54,000.
In 2015, PolitiFact found that of the Brooking’s study’s 10 most unequal cities, 9 had Democratic mayors, including “Atlanta, San Francisco, Boston, Washington, New York, Dallas, Chicago, Los Angeles, and Minneapolis. Only one, Miami, has a Republican mayor.”
http://www.breitbart.com/california/...ty-in-america/
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts athttp://eepurl.com/cktGTn
-
02-21-2018, 04:42 AM #2
Wow. Way to go Nancy!
A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
Similar Threads
-
Democrats and illegals really messing up income inequality
By Jean in forum General DiscussionReplies: 0Last Post: 07-14-2015, 05:09 PM -
What Every Christian Should Know About Income Inequality
By Newmexican in forum Other Topics News and IssuesReplies: 0Last Post: 02-04-2014, 11:46 AM -
Sen. Sessions: Immigration spikes income inequality
By Newmexican in forum General DiscussionReplies: 1Last Post: 01-28-2014, 12:15 AM -
The Left and the Issue of Income Inequality: Why Their ‘Progressive’ Politics will Fa
By Newmexican in forum Other Topics News and IssuesReplies: 1Last Post: 01-22-2014, 01:20 PM -
Income inequality worst since 1920s, according to IRS data
By ceelynn in forum Other Topics News and IssuesReplies: 1Last Post: 10-20-2007, 03:18 PM
"YOU WILL FOOT THE BILL FOR ILLEGAL IMMIGRANTS!" GOVERNOR HOCHUL...
04-23-2024, 05:46 AM in Videos about Illegal Immigration, refugee programs, globalism, & socialism