NEWS FLASH
Percentage Of Families Living In Middle-Income Neighborhoods Has Plummeted Since The 1970s | According to a new study conducted by Stanford University, “the portion of American families living in middle-income neighborhoods has declined significantly since 1970” due to rising income inequality. While 65 percent of families used to live in middle-income neighborhoods, now just 44 percent do, while one-third of families live in either upper- or low-income areas (up from 15 percent). The data used in the study only goes through 2007, so didn’t even take into account the effects of the Great Recession.
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