Tag: Income Inequality
CityLab reported on the results of an interesting study that found a correlation between urban tree canopy (UTC), which is roughly the density of trees in a neighborhood, and neighborhood median income. The study, published in the journal PLOS One and led by Kirsten Schwarz, assistant professor of biology at Northern Kentucky University, compared high-resolution […]
NYC Comptroller Scott Stringer examined Census data and confirmed that full-time workers in New York have a longer average workweek than their counterparts in 29 other American cities, according to Crain’s. The average New York workweek, from CEO to security guard, totals 49 hours. That includes commute time. The biggest reason for the extended workweek, […]
That nagging sense of a New York divided, between haves and have-nots, observed by everyone from Occupy Wall Street to the Democratic nominee for mayor? It isn’t imaginary. A survey released today reveals that NYC has the U.S.’s most striking income inequality. In Manhattan, the average income for the lowest 20% was $9,635, and that of […]
A new report confirms that income inequality has reached its most drastic levels since 1928, the gilded moment before the stock market crash that led to the Great Depression. The study, conducted by professors at University of California and the Paris School of Economics, showed that the top one percent of earners–those that make $394,000 or […]
This ingenious infographic, created for the New Yorker by designer Larry Buchanan, illustrates New York City’s wealth disparities by plotting median household income against every subway stop in the city. Each train line is displayed individually, making it very easy to see the close relationship between geography and money. Witness the immense dropoff between Grand Street and […]
