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Household incomes in the District rise dramatically in 2017
Hat tip, GreaterGreaterWashington:
Breakfast links: Incomes have gone up in DC, but there’s a huge racial gap
LINKS By Liam Sullivan (Contributor) September 14, 2018
LINKS By Liam Sullivan (Contributor) September 14, 2018
Social Issues
Household incomes in the District rise dramatically in 2017
By Tara Bahrampour
September 13 at 5:45 PM
Just a year after sluggish household income reports in the District prompted speculation that the city’s boom years were ending, new numbers from the Census Bureau released Thursday suggest D.C. household income has swung dramatically back up.
Median household income for the city in 2017 was $82,372, 9.1 percent higher than in 2016, according to new data from the bureau’s annual American Community Survey.
The rise reflects an increase nationwide: Median household income rose to the highest recorded levels last year, according to a separate set of census numbers released Wednesday.
[Middle-class incomes exceeded $61,000 for first time last year, Census Bureau says]
But the gain in the District was sharper. While the city’s median household income had been rising in previous years, it had decreased slightly in 2016, a change some experts attributed to a decline in high-paying government jobs and a tendency for young families to leave the city in search of more space and better schools.
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Tara Bahrampour, a staff writer based in Washington, D.C., writes about aging, generations and demography. She has also covered immigration and education and has reported from the Middle East and North Africa, and from the republic of Georgia. Follow https://twitter.com/TaraBahrampour
Household incomes in the District rise dramatically in 2017
By Tara Bahrampour
September 13 at 5:45 PM
Just a year after sluggish household income reports in the District prompted speculation that the city’s boom years were ending, new numbers from the Census Bureau released Thursday suggest D.C. household income has swung dramatically back up.
Median household income for the city in 2017 was $82,372, 9.1 percent higher than in 2016, according to new data from the bureau’s annual American Community Survey.
The rise reflects an increase nationwide: Median household income rose to the highest recorded levels last year, according to a separate set of census numbers released Wednesday.
[Middle-class incomes exceeded $61,000 for first time last year, Census Bureau says]
But the gain in the District was sharper. While the city’s median household income had been rising in previous years, it had decreased slightly in 2016, a change some experts attributed to a decline in high-paying government jobs and a tendency for young families to leave the city in search of more space and better schools.
....
....
Tara Bahrampour, a staff writer based in Washington, D.C., writes about aging, generations and demography. She has also covered immigration and education and has reported from the Middle East and North Africa, and from the republic of Georgia. Follow https://twitter.com/TaraBahrampour
