Neil Shah of the Wall Street Journal writes:
The typical affluent family in America now has nearly seven times the wealth of a middle-income family, the biggest wealth gap in three decades, according to a new analysis by Pew Research Center. Last year, the median wealth of upper-income families in the U.S. ($639,400) was 6.6 times bigger than that of middle-income families ($96,500), up from 6.2 times in 2010.
Upper-income families now have a median wealth level that is nearly 70 times that of lower-income families.
Upper-income families now have a median wealth level that is nearly 70 times that of lower-income families.
In a totally unrelated development, the nations richest zip-codes and counties are clustered around Washington, D.C.
