Richmond ranks high in income inequality - The MMJ Post - 24 views
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hcps-carltonhg on 01 Feb 15"Though it's just a 15-minute drive between Windsor Farms and Gilpin, the two neighborhoods are worlds apart in terms of socioeconomics. The average annual household income for residents in Windsor Farms is about $185,000; in Gilpin, the figure is less than $10,000. The stark contrast in household earnings illuminates a disturbing fact: Richmond has one the highest levels of income inequality in the United States, according to data released Tuesday by the U.S. Census Bureau. The poorest fifth of the city's households gets 2.4 percent of Richmond's aggregate income; the richest fifth receives 57 percent. Just the top 5 percent of the city's households get 29 percent of the aggregate income." In addition to Virginia's income inequality growth, Richmond itself ranks high in terms of the amount of income-inequality. This article supports the fact that income inequality is ever-present here in Richmond. It presents a multitude of statistics and numbers that support that point.