Poor economy carries more Americans to extremely poor neighborhoods

New York /
Nov.November 03, 2011 10:12 AM

Driven by the recession, more Americans are living in neighborhoods classified as extremely impoverished, according to a Brookings Institution report cited by Bloomberg News.

The report found 2.2 million more Americans live in neighborhoods with a poverty rate greater than 40 percent today than did in 2000. That marks a 33 percent increase in the last decade, compared to a 29 percent drop during the 1990s.

Two-thirds of the extremely poor neighborhoods are in urban areas, but it was the very poor suburbs that saw the biggest population growth. The number of Americans in extremely poor urban areas rose 16 percent, while the number in corresponding suburban areas gained 37 percent.

The population concentration in poor neighborhoods means more Americans are being educated in worse schools and are being faced with fewer job opportunities.

Elizabeth Kneebone, a lead author of the report, attributed the shift to the decade’s two downturns and falling household incomes. National household income fell to its lowest level in a decade last year, and a recent study showed the number of people living in poverty rose to a 52-year high. [Bloomberg News]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Nick Candy and One Hyde Park (Getty, Wikimedia/Rob Deutscher/Flickr)
Sweet Jesus: Nick Candy asks $241M for London penthouse
Sweet Jesus: Nick Candy asks $241M for London penthouse
The law included a five-year rent freeze for all units built as recently as 2013, and a rent hike cap based on the property’s age plus 1.3 percent inflation. (iStock)
Berlin’s rent law was historic. Now it’s history
Berlin’s rent law was historic. Now it’s history
(Tropicana Las  Vegas via Facebook, Bally's Corp)
Bally’s buys Las Vegas’ Tropicana casino for $150M
Bally’s buys Las Vegas’ Tropicana casino for $150M
Macerich president Edward Coppola and a rendering of the redevelopment in Pheonix (Macerich/City of Pheonix)
Macerich unloads Phoenix mall for $100M; redevelopment awaits
Macerich unloads Phoenix mall for $100M; redevelopment awaits
Hammerson CEO Rita-Rose Gagne and Brookfield's Bruce Flatt. (Hammerson, Brookfield, Getty)
Brookfield’s US malls are struggling. Now it’s buying some in Europe
Brookfield’s US malls are struggling. Now it’s buying some in Europe
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...