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QUESTION

What is the corresponding decrease in lower income households compared to the increase in households earning over $100,000?

2:07:11

·

49 sec

Lucy Block notes a decrease in households earning below $50,000, an increase for the highest earners, but does not provide specific figures.

  • Households earning below $25,000 and those earning between $25,000 and $50,000 experienced a decrease.
  • Households earning more than $100,000 saw an 11% increase.
  • No significant change observed in the third income range.
  • Specific figures or percentages for the decrease in lower income households are not available.
Pierina Ana Sanchez
2:07:11
Brendan, you mentioned that households earning a $100,000 or more increased by 11%.
2:07:16
Do we know what the corresponding decrease was for lower income households.
2:07:22
Had any thresholds?
Lucy Block
2:07:28
I don't have it offhand, but I remember that was one of the charts that came up.
2:07:32
So I know that there remember seeing there's a decrease among those 2 lower income ranges, and there was about a like a didn't not much of a change in the third and then a higher increase on the highest end of incomes.
2:07:51
Than there was a decrease, but there was a decrease lower than 25,000 and between 25,000 and 50,000.
Pierina Ana Sanchez
2:07:57
Okay.
2:07:58
Thank you.
2:07:59
Thank you.
2:07:59
I meant to ask that earlier.
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