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Well, when it comes to Blacks and Hispanics, the Bay Area edges out NY as far as percentage of high income households, NY of course, has a far bigger total number.
Black Households Earning $150,000+, 2013
New York CSA 86,701.....6.6% of all Black Households
Bay Area CSA 15,116.......7.5% of all Black Households
Hispanic Householda Earning $150,000+, 2013
New York CSA 101,633....6.6% of all Hispanic Households
Bay Area CSA 48,936........8.9% of all Hispanic Households
Here is Two Or More Races:
Multiracial Households Earning $150,000+, 2013
New York CSA 17,947.....11.7% of all Multiracial Households
Bay Area CSA 17,014.......16.2% of all Multiracial Households
so on these much closer with an edge to SF. Would assume the Asian population is much more skewed
Am curious if anyone has stats on immigrant wealth between the two. I would speculate that on average the Bay immigrant is wealthier than the NY immigrant
NYC attracts more of the traditional immigrant melting pot proportionally I would imagine while the Bay is attracting probably a proportionally higher job specific immigrant. Just a hypothesis and am curious; and probably why places in Queen etc may be the most ethnic of places
so on these much closer with an edge to SF. Would assume the Asian population is much more skewed
Am curious if anyone has stats on immigrant wealth between the two. I would speculate that on average the Bay immigrant is wealthier than the NY immigrant
NYC attracts more of the traditional immigrant melting pot proportionally I would imagine while the Bay is attracting probably a proportionally higher job specific immigrant. Just a hypothesis and am curious; and probably why places in Queen etc may be the most ethnic of places
NYC proper has one of the poorer Asian population of any city with a large population. It's probably the only city where the black and asian poverty rate is similar. It's more demographics of immigrants than anything else. I had stats on black and hispanic income by metro area, asian is harder to find though I saw it somewhere. Interestingly, the black population in San Francisco proper, though there's not much of it, is rather poor. Poorer than Baltimore's or Chicago's.
By MSA.
Median hispanic household income:
New York City MSA: $41,100
San Francisco MSA: $51,400
San Jose MSA: $55,300
Median white non-hispanic household income:
New York City MSA: $81,900
San Francisco MSA: $90,500
San Jose MSA: $99,900
Median black household income:
New York City MSA: $44,500
San Francisco MSA: $40,700
San Jose MSA: $60,600
But San Jose doesn't have that many black people, many living there moved there to work in tech-related industries so it's a bit of a self-selected group. Anyway, for the numbers the Bay Area metros do relatively decently for hispanic income, but for a black:white income ratio the San Francisco MSA doesn't do well. The NYC metro's hispanic income is low compared to the white income, and lower than the black income, a common pattern for the Northeast.
I'm sorry but to say the White: Black Income ratio for SF is bad compared to NY is like saying NYs "F" is better than an SFs "F-"
They both suck royally, but my contention is on the people who actually reach affluence.
I'm not trying to say NYC is good, I'm saying neither particularly is. If the median black income is similar, but black affluence is higher, the only way that's possible is with rather extreme income inequality. Either way, the medians aren't that different.
How do you guys let him turn this into a wealth thread each and every time? That has been the sole topic of discussion for the past four days.
People should just stop answering him. That's enabling him to keep regurgitating the same lame, rather irrelevant argument. HE'S not going to stop, but others can.
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