Thursday, February 16, 2012

KC is slightly less affluent than St. Louis, but more equitable

Posted By on Thu, Feb 16, 2012 at 8:48 AM

The OccupyKC movement is still encamped in KC.
While the protests of Occupy KC have been focused on the 1 percent, the number actually looks more like 3.55 percent. The Kansas City Business Journal reports that Kansas City is the 106th most affluent metropolitan area in the United States, based on an analysis of 2010 U.S. Census data by the On Numbers blog. The percentage of Kansas City households making more than $200,000 (the number used to determine affluence) is 3.55 percent (27,996 of the 789,000 homes in the city), a ten-thousandth of a percentage point below St. Louis, which came in one place higher with a nearly identical percentage (39,280 homes out of 1,106,719).

To put the findings in context, the U.S. Census showed that the median household income in Missouri was $46,262. The average household income in Kansas City, Missouri, was slightly lower, at $44,113, in part because those below the poverty level were higher than the state average (18.1 percent to 14 percent).

St. Louis' higher standing in a study measuring affluence is even more surprising, considering the median household income in the city was $33,652, with 26 percent of the city's residents below the poverty level. Those who are concerned about income inequality may want to direct their efforts down Interstate 70, because while St. Louis and Kansas City have similar numbers with regard to affluence, the income disparity appears a whole lot wider beneath the Arch.

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