Archive for the ‘Inequality’ Category

Gentrification Highly Correlated to Neighborhood Racial Composition

August 7, 2014

The likelihood of gentrification is dependent on many variables, but one major indicator is racial composition. The likelihood of a neighborhood drops dramatically if more then 40% of the neighborhood is black. Likewise, neighborhoods with fewer than 35% white residents were significantly less likely to have gentrified between 1996 and 2009. Gentrification, it seems, can reinforce old borders of inequality.

–from The Atlantic’s CityLab

Majority of Americans Lost Wealth in the Past Thirty Years

July 28, 2014

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American median household wealth has declined 20% since 1984, in 2013 dollars. While the 75 percentile and higher gained wealth since then, the majority of Americans lost money over those thirty years. As a striking example, the median wealth fell from $87,992 in 2003 to $56,335 today.

–from Stanford

University-Educated Americans Moving to Different Cities than High-School Dropouts

June 17, 2014

This chart shows the net domestic migration between US cities from 2011 to 2012 by educational attainment. Cities like San Francisco and Seattle gained highly educated workers while losing those with high school diplomas or less, while cities like Tampa and Atlanta gained less-educated new arrivals. Large cities like New York still gained population overall via immigration, but lost domestic population.

–from The Atlantic’s CityLab¬†

Middle Class Housing in the US

May 14, 2014

Only 14% of houses are available to the middle class and 25% of those in New York, while 86% of Akron, OH homes are available to them. This study uses the median household income for the city with 31% of income going towards the mortgage.

–from The Atlantic Cities

Price of Essentials Increasing While Prices for Gadgets Continue Precipitous Decline

May 5, 2014

In the past decade, prices for televisions fell more than 100%, while college tuition rose 40% and many essential items and services rose.

–from The Atlantic

Violent Crime Rates Vs. Incarceration Rates

May 1, 2014

While rates for violent crimes in the US have plummeted since 1979, the incarceration rate has radically increased over the same period.

–Data from Uniform Crime Reporting Statistics and National Prisoner Statistics Program

Who Benefits the Most from Tax Breaks?

April 16, 2014

Who benefits the most from tax breaks? The answer is, generally, the upper middle class and above who benefit enormously from deductions and exclusions.

–from The Atlantic

Top Earners Gain Income from Capital, not Labor

April 10, 2014

While most of the top 10% of Americans gain their wealth through labor, the deeper one goes into the top 1%, the more income is derived from capital.

–from Vox.com

Household Income During Childhood Versus Adulthood

March 19, 2014

Artists tend to come from wealthier families than doctors, but not as wealthy as those producing lawyers and financial analysts.

–from NPR

Majority of Men’s Real Wages Down over Last Forty Years

March 17, 2014

For all men below the 70th income percentile, real wages have declined since 1973, with growing disparity towards the bottom of income distribution.

–from The New York Times


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