Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Metro Area Near New York City Has Highest Concentration of High-Income Households, Census Bureau Reports

“The Bridgeport-Stamford-Norwalk, Conn., metropolitan area, near New York City, had the highest percentage of households with high income in the nation at 17.9 percent, according to a report released today by the U.S. Census Bureau. At the other end of the spectrum are two metro areas named Danville — in Virginia and Illinois — each with 1.1 percent of households having high income. The report defines high income as being in the top 5 percent of national income distribution, which is an annual household income of at least $191,469. This information comes from The Geographic Concentration of High-Income Households, an American Community Survey brief, which contains findings from the 2007-2011 five-year survey estimates…The report examines where these high-income households are located and which areas have the highest concentrations of such households. Thematic maps are provided showing the number and percentage of high-income households per county, while tables rank the top and bottom metropolitan statistical areas in terms of percentage of households in the top 5 percent of income. A table is also provided showing the percentage of such households in the 50 most populous metro areas.”

Sorry, comments are closed for this post.