Thursday, February 2, 2012

Do These Stats Surprise You?

• The median net worth of black households in the US is $2,200.

• The median net worth of white households in the US is $97,900.

• Except for eleven counties in Illinois and another eight in Puerto Rico, there is no county in the US where a one bedroom fair market rate apartment is available to a person working full-time at the minimum wage [at the housing department's suggested rate of  no more than 30% of household income spent for housing costs].

• The typical worker must earn $18.46 an hour to rent a two bedroom apartment.

• The US poverty rate among children ranks the US 26th among 30 nations in the rate of poverty among children.

• The US government ranks 19th out of 23 countries in assistance to poor nations, giving about two-tenths of one percent of US gross national income to poor countries.

  BuzzFlash

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