Recently, the U.S. Census Bureau released data that gives a broader picture of economic trends in our city. Not surprisingly, poverty increased over the course of the recent recession. More unexpectedly, however, the data also shows that median income in DC also has been on the rise since 2007.
This tells us that while many DC residents weathered the recession pretty well, our neighbors at the low end of the economic spectrum got hit and hit hard. This creates an ever widening wealth and opportunity gap in our city. Tomorrow, the Center on Budget and Policy Priorities will be releasing its “Pulling Apart” report, which is a state-by-state analysis of income trends. DCFPI will be looking at the conclusions reached about DC in tomorrow’s blog.
Here is some information to get you started:
