Very likely to be true for New York. New York has not had much of a middle class for the past 20 years. Taxes have driven them out.
A lot of rich to very rich people, mostly in Manhattan, and the outer burroughs have high percentages on welfare.
fiscalpolicy.org
excerpt -
That finding, in an analysis conducted for The New York Times, dovetails with other new regional economic research, which identifies the Bronx as the poorest urban county in the country and suggests that the middle class in New York State is being depleted.
The top fifth of earners in Manhattan now make 52 times what the lowest fifth make - $365,826 compared with $7,047 - which is roughly comparable to the income disparity in Namibia,...
That represents a substantial widening of the income gap from previous years. In 1980, the top fifth of earners made 21 times what the bottom fifth made in Manhattan, which ranked 17th among the nation's counties in income disparity.
By 1990, Manhattan ranked second behind Kalawao County, Hawaii, a former leper colony with which it had little in common ... The rich in Manhattan made 32 times the average of the poor then, or $174,486 versus $5,435.
The Bronx, with a poverty rate of 30.6 percent, was outranked only by three border counties in Texas where living costs are lower.
Note that New York is very different than the rest of the US. |
