Tags: dc | incomes | soar | census

DC Incomes Soar as Other Americans Lose Out

Friday, 20 Sep 2013 12:30 PM

By Sandy Fitzgerald

Americans are becoming poorer, except in Washington, D.C., where the typical household income rose by more than 20 percent over the past decade, a new Census Bureau report reveals.

In the nation's capital, the average income reached $66,583 in 2012, according to the Census Bureau's American Community Survey, released Thursday.

Those living in the suburbs in Maryland, Virginia, and West Virginia's Eastern Panhandle are enjoying even higher salaries, earning a median household income of $88,233. This ranks the highest among the United States' most-populated metro areas, reports The Wall Street Journal.

By comparison, the Tampa, Fla., area has about half the median income, at $45,000, according to the Census report. Tampa has the lowest median household income among the 25 largest metro areas in the country.

While the typical D.C. household's income rose by 23.3 percent, other Americans' income dropped by 6.6 percent overall, with a national average of $55,030 down to $51,371.

In Mississippi, household incomes dropped 15 percent between 2000 and last year, dropping to $37,095, with nearly one in three people earning incomes that put them at or near the poverty line, defined as $23,283 for a family of four.

While D.C. marked the largest gains, four states' incomes increased during the same time. Oil and gas drilling in North Dakota sparked a 17 percent income jump, and smaller increases were noted in Wyoming, Louisiana, and South Dakota.

States such as Indiana, Georgia, Michigan, and Tennessee saw double-digit percentage drops.

The Census Bureau found there's a large gap between the haves and have-nots in Washington, D.C., even while the overall average wages have climbed. People experiencing "deep poverty," with incomes that are 50 percent below the poverty line, rose during the decade from 9.4 percent in 2000 to 10.4 percent in 2012. This was the highest rate in the country, even though 45 states also saw their poverty rates rise.

The difference between the wealthy and the poor isn't quite as high as that of New York City, however, which marked a higher rate of income inequality than any other city in the country, the New York Daily News reports.

Before the recession started in 2007, 18.5 percent of New Yorkers were living below the poverty level, and by 2012, 21 percent were below the poverty line.

Related stories:

Poverty Rate Remains High Under Obama, 48 Million Uninsured

Census: Whites a Minority in US by 2043

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

F-16s Escort Two Airliners to Atlanta Airport After Bomb Threat

Saturday, 24 Jan 2015 18:37 PM

F-16 fighter jets escorted two passenger planes to Hartsfield-Jackson Atlanta International Airport following a bomb thr . . .

Patriots Accept No Blame Over Deflated Footballs

Saturday, 24 Jan 2015 15:54 PM

The New England Patriots said on Saturday they had followed every rule to the letter and accepted no blame for using f . . .

Vanderbilt Gang-rape Defense Points to Campus Culture

Saturday, 24 Jan 2015 13:46 PM

Defense attorneys for the former Vanderbilt University football players whose own cellphones show they participated in a . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved