Ever feel like everyone in the City has more money than you do? Well, you may not be imagining things, and you may also live in Bayview or Visitacion Valley. As I mentioned a few days ago, the average household income in 94124 (Bayview/Hunters Point/Silver Terrace) is just $37000 and over 44% of working-age residents are either unemployed or no longer counted as being part of the workforce.
From Huffington Post,
Few cities in the U.S. embody the growing divide between rich and poor quite like New York and San Francisco. In just the past 20 years, both have changed from economically diverse melting pots to exclusive playgrounds for the rich.
The change is clear in striking new visualizations from the U.S. Census Bureau, crunching data from its latest American Community Survey of population and income.
In each of the pictures below, the image to the left represents median household incomes in 1990 ("before"), and the image on the right is 2012 ("after"). Darker shades correlate with higher income, and brighter shades represent lower incomes. Use the slider tool (the button in the middle) to go back and forth in time between 1990 and 2012.
Here's a key for the below maps. The darkest red denotes areas with a median household income of $75,000 per year or more. The lightest white denotes areas with a median household income of $35,000 per year or less: