University of MD: African Americans In Prince George's County Have a Net Worth of 1- 2 Million Dollars (North Beach: income, beach)

[goofy328]

Originally Posted by Mutiny77

Even though it appears as though this poster is banned, I fail to see how this is some "racist, untrue stereotype." While everyone in PG isn't a fed, local and federal governments played a huge role in establishing the Black middle/upper middle class in the DC area and it goes beyond direct employment as there are lots of Black contractors as well.

I really have to scratch my head as to why it seems as though many residents of the DC area, of all races, go to such great lengths to deny the effect the federal government has on salaries and wealth in this area.

Are the private contractor jobs in auxiliary industries to the jobs in the federal government jobs?

[North Beach Person]

Some numbers which might help.

Employment by governments-federal, state and local comprise a combined 28% of the jobs in the County with local being the largest at a bit over 13% of total employment.

Education and health services are a separate category with just under 11%. I mentioned that because I don't know whether the public schools are included in the local government or education and health services category.

http://commerce.maryland.gov/Documen...GeorgesBef.pdf

[EdwardA]

Interesting that they use average as opposed to the standard choice of measurement of median when looking at area incomes and net worth. Just one billionaire can skew the average numbers.

At any rate since they're so wealthy can we finally dispense with the notion that these people were preyed upon during the financial crisis?

[EdwardA]

The federal government is the engine that drives this economy and PG. Denying it doesn't make any sense.

[adelphi_sky]

Originally Posted by EdwardA

At any rate since they're so wealthy can we finally dispense with the notion that these people were preyed upon during the financial crisis?

No.

[G1..]

Originally Posted by EdwardA

Interesting that they use average as opposed to the standard choice of measurement of median when looking at area incomes and net worth. Just one billionaire can skew the average numbers.

At any rate since they're so wealthy can we finally dispense with the notion that these people were preyed upon during the financial crisis?

We should but certain posters won't.

[Baghead]

I am happy for anyone doing well. That's first. But anyone can look at PG and see that earnings are all over the place. What's more, appearances don't tell the full story. Some people might look to be doing well, but it's all on debt, and they might have a rude awakening. Other people look to being doing poorly but are socking away for a rainy day. I won't say it's fake news. I will say it's specious at best.

[Mos82]

How many people is this in raw numbers? What’s the percentage of the total PG population ang how does it compare to White County that is similar in education and population ?

[Baghead]

No analysis allowed, you're just supposed to keep saying it over and over.

[Jasminehicks2020]

Originally Posted by Mos82

How many people is this in raw numbers? What’s the percentage of the total PG population ang how does it compare to White County that is similar in education and population ?

Median White income in Montgomery County is $119,000 compared to median black income of PG County of $74,000

Whites in Montgomery county account for 77% of the people that make over $200,000

https://statisticalatlas.com/county/...usehold-Income

In Prince George's County blacks account for 67% of the people that make over $200,000 a year

https://statisticalatlas.com/county/...usehold-Income

110,000 people in Montgomery County make over $200,000 a year compared to 23,000 in PG County that make over $200,000 a year

Blacks are rich compared to blacks in rest of America, but middle class compared to whites