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The middle class is vanishing in America's cities

Business Insider - 15 May 2016 01:52
The middle class in America's cities has shrunk dramatically in the 21st century. A Pew Research Center analysis of Census Bureau data looked at the state of the middle class in America's metropolitan areas. Pew defined "middle-income" households as those whose income fell between two-thirds and twice the national median household income, adjusted for household size and for the local cost of living in each metro area. The results are fascinating and disheartening: Between 2000 and 2014, the two ...
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