Friday / March 29.
HomeEconomyAmerican middle class shrinks; more poor people

American middle class shrinks; more poor people

Neighborhood-distribution-1970-2009New research shows a steady increase in the extent to which Americans are geographically divided by income. Charts from a paper by Kendra Bischoff and Sean Reardon, professors at Cornell and Stanford respectively, on what they refer to as “residential segregation by income”  show a shrinking number of Americans live in middle class neighborhoods, and a growing number of people living in poor, affluent, or high income areas.

Drum worries the trend means that the “well-off have less and less interaction with the poor outside of the market economy, and less and less empathy for how they live their lives.”

The researchers also found a marked increase in family income segregation by race.-Data Dive