America’s Worsening Geographic Inequality
“Taking an even longer view, the study shows how the economic performance of different parts of the United States has diverged in recent years. In other words, after years of richer and poorer areas edging closer to each other in terms of economic performance, the trend has reversed since 1980. You can see the lines of the chart come together between 1960 to 1980 and then grow apart thereafter. This is true of each and every region of the country, east coast and west coast, Rust Belt and Sun Belt, and parts in between.
“The result is a resurgence of geographic inequality. Today, median household income for the top 20 percent of America’s counties is more than twice as high as the median household income of the bottom 20 percent, while poverty rates are roughly three times greater in the poorest 20 percent of counties, compared to the most affluent 20 percent.”
FULL STORY published October 17, 2018 via CityLab