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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Topic: Household income

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September 18, 2014 at 10:24 AM

State’s income stagnant in 2013, poverty rises

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…

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Comments | More in Pacific Northwest economy | Topics: Household income, inequality, poverty

August 21, 2014 at 10:47 AM

Inequality grew from 2000 through 2011

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…

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Comments | More in Inequality | Topics: Household income