To: tejek who wrote (428456 ) 10/20/2008 12:09:48 PM From: bentway Read Replies (1) | Respond to "As an aside, Gibson thought $200k is middle income? Maybe in NYC."en.wikipedia.org This phenomenon is especially true of Manhattan, which in 2005 was home to the wealthiest U.S. census, tract with a household income of $188,697, as well as the poorest, where household income was $9,320.[36] The disparity is driven in part by wage growth in high income brackets. In 2006 the average weekly wage in Manhattan was $1,453, the highest among the largest counties in the United States.[15] Wages in Manhattan were the fastest growing among the nation's 10 largest counties.[15] Among young adults in New York who work full time, women now earn more money than men—in 2005 approximately $5,000 more. [37] Nationally, women’s wages still lag behind men.New York City's per capita income in 2000 was $22,402; men and women had a median income of $37,435 and $32,949 respectively. 21.2% of the population and 18.5% of families had incomes below the federal poverty line; 30.0% of this group were under the age of 18 and 17.8% were 65 and older. The New Yorker who is listed as the richest individual, oil magnate David H. Koch, was worth an estimated $17 billion in October 2007.[38] The poorest New Yorkers, 1.5 million people with incomes below the poverty line, are collectively worth less than Mr. Koch's net worth. Of Forbes Magazine's 400 richest Americans, 72 live in New York City, and they are each worth at least $1 billion.[38] New York City's present mayor, Michael Bloomberg, is himself one of the nation's richest men. After Moscow, New York City has the highest amount of billionaires.
