Earnings, Poverty, and Income Inequality in San Diego County
(August 28, 2007) Based on 2006 data from the U.S. Census Bureau, CPI analyzed
regional data to develop a picture of poverty and income in San Diego County.
The full CPI analysis is available here.
In
real dollars, full-time workers in San
Diego County made
significantly less in 2006 than the previous year, according to the census data. Over 100,000 workers in the county live in
poverty.
While
workers’ earnings dropped by an inflation-adjusted average of 4%, the median
household income rose slightly. The median -- the halfway mark among all
household incomes -- was pulled up by more people working and higher incomes
among the wealthy.
The new data shows a wide gap in income
distribution between rich and poor, with the top 20% of households claiming
half (49%) of all income in the county while households in the lowest-earning
fifth of the population got less than a 4% sliver of the pie.
There
were 331,370 people living below the federal poverty line in the county in
2006, a poverty rate of 11.7%.That put the county very close to national
poverty rate of 12.3%, using a static measurement that does not take into
account differences in the cost of living.
The
Census data provide a more complete picture of poverty than the county’s 2005
rate of 11%, because the 2006 Census report for the first time included
residents of group quarters such as dormitories, military barracks, and nursing
homes.
National analysis of the data is also available from
the Economic Policy Institute in Washington,
at (202) 775-8810or news@epi.org.