Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The 2018 ACS (1 year) is out now (go to data.census.gov now for it). The following is a look at $100K+ and $200K+ earning households and the highest increases in terms of number of households from 2017 to 2017. The table ID for this is B19001. Please remember that this is city proper, not MSA (which I will do later).
Great information. I wonder how much poverty is shrinking in the top 50 at the same time?
It's not really informative, because it's just income increments growing with inflation. And the poverty rate didn't change, so the number of households in poverty shrunk everywhere (again, inflation).
It's not really informative, because it's just income increments growing with inflation. And the poverty rate didn't change, so the number of households in poverty shrunk everywhere (again, inflation).
That's one of my pet peeves with how the census does this. I think if you're going from 1 year to the other, depending on the rate of inflation, it's not too bad to compare. If you're comparing from 2010 to 2018 then it's a bit different as the rate of inflation is just over 15%. From 2017 to 2018, the rate of inflation is 2.44%. I wish the census would do something in chained dollars.
I thought the poverty rate went down in 2018 from 2017 nationally? And to me it's interesting to see which cities are seeing higher rates of growth in certain income brackets. Not all cities have $100K+ households growing at the same rate.
I thought the poverty rate went down in 2018 from 2017 nationally? And to me it's interesting to see which cities are seeing higher rates of growth in certain income brackets. Not all cities have $100K+ households growing at the same rate.
Yup. When you are comparing cities, it doesn't matter as much that there was 2.44% inflation as that's a national number. It's kind of a baseline.
Houston for example only gained 2000 some $200k+ households. Much lower than NYC, LA, Chicago, bay area, etc.
Yes. It did gain 10,472 households that make between $150K and $200K and reduced by 930 households from $100K - $150K. It had the highest increase of $150K - $200K households of any city. However, that's because most cities like NYC, Chicago, etc had a big $200K+ change.
Another city that had dismal $200K+ change but good $150K-$200K change was San Diego. It had an increase of 1567 of the $200K+ bracket but the $150K-$200K bracket had an increase of 7680 households.
Houston ranked 9th highest in $100K+ change but still got beat out by smaller cities such as Portland, Seattle, San Diego, Philadelphia, and Austin.
Also, Indianapolis had a reduction of 2259 households that make $200K+.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
