The Wealthy in the USA |
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| Wealthy
communities in the United States are difficult to define. The median family
income by census tract or neighborhood is probably the best way.
Definitions of terns: 1) Median family income means that half the families in a tract are above and the other half are below the value shown. 2) Census tracts are relatively homogeneous units with respect to population characteristics, economic status, and living conditions at the time they are established, census tracts generally contain between 1,000 and 8,000 people, with an optimum size of 4,000 people. Census tract boundaries are delineated with the intention of being stable over many decades, so they generally follow relatively permanent visible features. The USA is divided into 26,276 rural and urban census tracts. 3) Metropolitan areas (technically, Metropolitan Statistical Area) with at least one census tract with the highest median family income category ($150,001) are mapped. MSA is a geographic entity designated by the federal Office of Management and Budget for use by federal statistical agencies. An MSA consists of one or more counties, except in New England, where MSAs are defined in terms of county subdivisions (primarily cities and towns). Source for U.S. Census definitions of census terms. |
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Median
Family Income by Census Tract was divided into five categories: |
Only 158 out of a total
of 26,276 tracts, or 0.3
percent, have half (median) the families with incomes
between $120,000 and $150,001! Another 488, or 0.8 percent, tracts have half (median) the
family incomes between $90,000 and $120,000. Overall, only
1.1 percent of all communities (census tracts) in the U.S. have all the wealthiest families.
The location of these wealthy communities are shown
on maps of Metro Areas by Major Regions: |
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Useful web links:![]()
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![]() I have mapped these zip code data for New York City, |
![]() Chicago, and |
Los Angeles. |
| Examine one specific wealthy landscape, associated with the Hollywood industry in Beverly Hills. | |||