Tag Archives: income

World Population by Income: How Many Live on How Much, and Where

World Population by Income: How Many Live on How Much, and Where Source: Pew Research Center The income groups are defined as follows: The poor live on $2 or less daily, low income on $2.01-10, middle income on $10.01-20, upper-middle income on $20.01-50, and high income on more than $50; figures expressed in 2011 purchasing […]

UK — The Effects of Taxes and Benefits on Household Income, Financial Year Ending 2014

The Effects of Taxes and Benefits on Household Income, Financial Year Ending 2014 Source: Office for National Statistics Main points Before taxes and benefits the richest fifth of households had an average income of £80,800 in 2013/14, 15 times greater than the poorest fifth who had an average income of £5,500. Overall, taxes and benefits […]

How big (or small) is your city’s middle class?

How big (or small) is your city’s middle class? Source: Brookings Institution Have American cities lost their middle class? The recent unrest in Baltimore caused some to (inaccurately) portray that city as overwhelmingly poor. Meanwhile, rising inequality and rapid gentrification in places like San Francisco and Seattle raise the concern that some cities are becoming […]