First the good news: Washington’s median household income remains above the national average. The bad: It barely moved from 2012 to 2013. This information comes from a Census Bureau data dump today that also showed Seattle with the largest rent increase among major cities. That fits because Seattle-Tacoma-Bellevue saw its median household income rise…More
Topic: Household income
You are viewing the most recent posts on this topic.
More evidence of growing inequality among Americans comes today from the Census Bureau, which looked at five groups, each representing 20 percent of the population (quintiles) from 2000 through 2011. Overall, median net household worth declined by $5,046, or 6.8 percent. But inequality widened. The top two quintiles saw their worth increase. The lower three saw…More