Posted Oct 8, 2019, 4:13 AM
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Join Date: Dec 2010
Posts: 1,854
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If a suburb is able to maintain its relative income, that's actually really good by the way. Typically what happens is something like this.
Inner City
Before: $40,000 income, 1.0 million people
After: $30,000 income, 0.7 million people
Inner suburbs
Before: $80,000 income, 2.0 million people
After: $65,000 income, 2.0 million people
Outer suburbs
Before: $100,000 income, 0.31 million people
After: $80,000 income, 1.0 million people
Overall
Before: $69,789 income, 3.31 million people
After: $69,789 income, 3.70 million people
So that's an example of how it's possible for every part of the metro area to be declining in income but the metro area as a whole is still has a stable overall average income, because the population growth is in the highest income area and the population decline is in the lowest income area.
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