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Old 10-09-2009, 12:31 PM
 
Location: Seattle
59 posts, read 99,980 times
Reputation: 56

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New York City has the highest income disparity in the United States and Washington has the lowest income disparity which explains medians:

Where the rich are the richest:

Wealthiest by top 5% Household Mean Income:

1. New York, NY: $857,643
2. Fairfield, CT: $822,708
3. Westchester, NY: $793,134
4. Somerset, NJ: $625,869
5. Marin, CA: $624,762
6. Montgomery, MD: $567,190
7. Hunterdon, NJ: $554,015
8. Morris, NJ: $546,982
9. Nassau, NY: $538,307
10. San Francisco, CA: $523,744

Wealthiest CSA by top 5% Household Mean Income:

1. New York-Newark-Bridgeport, NY-NJ-CT-PA CSA: $481,789
2. San Jose-San Francisco-Oakland, CA CSA: $456,092
3. Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA: $414,045
4. Los Angeles-Long Beach-Riverside, CA CSA: $391,995
5. Boston-Worcester-Manchester, MA-RI-NH CSA $384,609
6. Chicago-Naperville-Michigan City, IL-IN-WI CSA $371,391
7. Houston-Baytown-Huntsville, TX CSA: $357,461
8. Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA: $347,935
9. Atlanta-Sandy Springs-Gainesville, GA-AL CSA: $347,311
10.Dallas-Fort Worth, TX CSA: $342,812


....and here are where poor are the poorest:

Bottom 5% Mean Household Income:

1. Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA: $12,700
2. New York-Newark-Bridgeport, NY-NJ-CT-PA CSA: $12,964
3. Chicago-Naperville-Michigan City, IL-IN-WI CSA: $13,368
4. Houston-Baytown-Huntsville, TX CSA: 13,411
5. Los Angeles-Long Beach-Riverside, CA CSA: $13,737
6. Boston-Worcester-Manchester, MA-RI-NH CSA $13,796
7 Dallas-Fort Worth, TX CSA: $13,888
8. Atlanta-Sandy Springs-Gainesville, GA-AL CSA: $14,363
9. San Jose-San Francisco-Oakland, CA CSA: $16,508
10.Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA: $18,661
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Old 10-09-2009, 12:37 PM
 
Location: Spain
1,854 posts, read 4,922,535 times
Reputation: 973
Interesting statistics, thanks for posting!

Honestly though, when you're talking about income disparities CSA's are not the best measure. Places like L.A. and New York each have 17 million+ people so you have to look at it on a more local scale, not over areas that cover thousands of square miles.
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Old 10-09-2009, 01:54 PM
 
1,250 posts, read 4,785,532 times
Reputation: 821
Interesting....

But I think medians would have been a preferable statistic instead of means...
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Old 10-10-2009, 11:30 AM
 
14 posts, read 38,180 times
Reputation: 20
Quote:
Originally Posted by PDX_LAX View Post
Interesting statistics, thanks for posting!

Honestly though, when you're talking about income disparities CSA's are not the best measure. Places like L.A. and New York each have 17 million+ people so you have to look at it on a more local scale, not over areas that cover thousands of square miles.


I agree. Like LA is way too big and diverse in size and population to blanketly compare to much smaller metros with homogenous demographics.

You should compare by similar towns and neighborhoods. And wth is New Yorks top 1% if the top 5% is 850k....4 million? Too insane for me. What does one do to make that type of money??
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