Should we accept a world wide economy where only a few do well? Or for anyone making an effort?
Wealth is not equally distributed anywhere on earth, and according to US Census Bureau’s American Community Survey, 24/7 Wall St. Here are the richest and the poorest counties in New York State.
The nation’s poorest counties tend to be either predominantly rural or urban. The wealthiest counties, on the other hand, are often suburban areas, located just outside a major metropolis. The wealthiest county in New York is within commuting distance to New York City. The richest one in NY is Nassau County. The median household income: $97,690 The state median household income: $58,003 Pct. households in county making $200,000 or more: 15.9%. 2013 county unemployment rate: 5.9%.
As is the case with numerous other wealthy counties, high incomes in Nassau can be partly attributed to its proximity to a major metropolis. New York City, where county residents can find higher incomes and job opportunities, is within commuting distance for many in the area. A typical household earned nearly $98,000 annually in Nassau County over the five years through 2013, $63,302 more than the comparable figure in The Bronx, the state’s poorest county this was one of the highest such income gaps nationwide.
The Bronx median household income, 2009-2013: $34,388. NY State median household income, 2009-2013: $58,003. Poverty rate, 2009-2013: 29.8%. Unemployment, 2013: 11.8%
Less than 70% of adults living in The Bronx had attained at least a high school diploma, one of the lowest attainment rates in the country. Poor education among residents likely contributed to the area’s low incomes. Low incomes, in turn, made it exceedingly difficult for residents to afford owning their homes. Less than one in five housing units in the Bronx were occupied by the homeowner, versus close to two-thirds of housing units across the nation.
Please contact all those fat cat politicians supposedly representing your county, city council, or state legislators and simply ask them just what have you done today to change this awful discrepancy?