Word: medians
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Martin Halpin, for instance, a resident of Irvington, New York, "started feeling crushed" by his tax bills a few years ago. The median teacher salary in his district was $67,680 last year, compared to $43,014 in New York City and an average salary of about $35,000 across the country. Because of his approximately $7,500 tax bill, he says, he has had to postpone replacing the plumbing in the bathrooms of his "modest, split-level home...
...wage jobs and an increasingly inequitable distribution of wealth that account for the pervasiveness, persistence and growth of poverty. "For the first time," says Northwestern University's Rebecca Blank, one of the nation's leading poverty economists, "decreases in poverty no longer accompany economic growth. This is because the median family income, which registered almost no growth in the 1970s and 1980s, is now actually declining. The welfare rolls are not increasing because of generous benefits or because single mothers are working less. They're working more," while the inflation- adjusted value of the main antipoverty programs, food stamps...
Under the act--which the three communities cannot alter or reject--tenants earning less than 60 percent of the median-income guidelines for metropolitan Boston, as set up by the federal Department of Housing and Urban Development (HUD), can keep rent control for up to two years. Also protected are elderly and disabled tenants who make less than 80 percent of the HUD guidelines...
Weld's plan gives limited protection to anyone earning less than 60 percent of the federal Department of Housing and Urban Development (HUD) median-income guidelines, and for elderly and disabled tenants earning less than 80 percent of the guidelines...
Orange County is far wealthier than Cuyahoga, of course, and therein lies one of the ironies of the Southern California area's financial fall. With a population of nearly 2.6 million and a median household income of $47,774, Orange is the fifth largest county in the U.S. and boasted the fourth richest county government before the crisis. As famed for its political conservatism as for Disneyland and aerospace giants like McDonnell Douglas, Orange County was the birthplace of Richard Nixon and gave Ronald Reagan the largest margin of victory of any U.S. county in his presidential races...