Tag:

Economic Inequality

This Hudson Valley Village Ranks As Poorest In New York This Hudson Valley Village Ranks As Poorest In New York
This Hudson Valley Village Ranks As Poorest In New York While America is among the richest countries in the world, it is also home to several poor communities, even in the Hudson Valley A new study by 24/7 Wall St. reviewed the median annual household income of more than 2,600 cities, towns and villages to determine which municipalities are the poorest in each state across the country. “North America, home to less than than 5 percent of the global population, accounts for about one-fourth of global economic output,” 24/7 Wall St. said. “Meanwhile, in South Asia, where nearly 25 percent of the world’s population resides, the region’s economic act…
This Westchester Locale Ranks Among Nation's Richest In New Survey This Westchester Locale Ranks Among Nation's Richest In New Survey
This Westchester Locale Ranks Among Nation's Richest In New Survey The typical American household earned $55,322 in 2016, roughly $4,000 higher than 2009’s median income of $51,425, according to 24/7 Wall St.  In a number of small towns throughout the nation, more than half of households earn nearly three times the national median. This is true in one Westchester community, according to a recent 24/7 Wall St. report. Rye ranked 30th nationwide, according to this analysis, with a median household income of $162,394 and median home value of $1,107,000.  Also, more than 73 percent of the adults living in Rye are college-educated, with at least a bachelor's d…