Quote:
Originally Posted by Crawford
Where are you coming up with this stuff?
Median U.S. household income in 2015 was around 57k USD. Obviously the median will be much higher in major metropolitan counties. In the largest, most prosperous U.S. metros, median income is usually somewhere between 70-90k.
Canada would need a median 77k income to have the same median as the U.S., though this doesn't really answer the question. We're looking at income cohorts and means, not medians, no? Means will undoubtedly be higher in the U.S., due to the higher proportion of high income cohorts.
As for the lowest income cohorts, 13.5% of the U.S. lives in poverty as of 2015.
http://money.cnn.com/2016/09/13/news/economy/median-income-census/
I think the first part is true, but I don't see data supporting the second part. I get that it "feels" right because Canada is overall somewhat more equal. But a country can be more equal without having "richer poor".
And, yeah, Canada probably has less income segregation, likely because it has more multifamily, mixed-income housing, and the wealthy corridors are often closer to the urban core.
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$30,900 was the median per capita income for the top 100 counties, not the median household income.
Median household income for Canada in 2014 was $78,870 CAD.
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/famil108a-eng.htm
Lets look at the Toronto's census tract 316.04, which is in the Jane-Finch area consisting entirely of public housing and private sector apartment buildings.
Median Income: $18,195
Average Income: $21,768
Low income: 45.4%
Employment Rate: 45.6%
Unemployment Rate: 15.4%
Education of population aged 25-64
University (Bachelor+): 10.3%
Postsecondary of some sort: 47.2%
High School: 73.0%
% of families with children that are single parent: 59.1%
So ok, not very good, there's definitely social and economic issues/disadvantages being faced by that neighbourhood. However, despite the lack of housing typically associated with more middle class households like SFHs or newer condo apartments, incomes are still significantly higher than in the poorest neighbourhoods of most American cities.
According to this (from 2005 so somewhat dated, but that's the best I could find and measures poverty the same - which Canada and the US generally don't)
http://www.lisdatacenter.org/wps/liswps/419.pdf
17.0% of Americans earn less than 50% of the median income, compared to 11.4% of Canadians.