So how is wealth distributed spatially across the United States?
Here's a quick effort at analyzing the Forbes list of the top 400 wealth holders in the U.S. Here is a snapshot of the graphic included on the page:
It is logical enough that there is a great concentration of these wealth holders in a few important cities -- Chicago, Los Angeles, Dallas, Houston, San Francisco, New York, Boston. But this snapshot is of limited value in helping us get a handle on the social geography of wealth. It tracks only the very tip of the wealth iceberg.
We might take a different tack and try to use the concentration of million dollar homes across the United States as an index of the concentration of great wealth across space. Unfortunately, I can't locate a convenient data source that provides this information -- though it's probably not too difficult to find. But here's a related approach. The map provided below represents counties by their median home rental prices; this ought to be a reasonable proxy for house values. So we might reason that the highest home rental counties are also the counties with the highest income.
It would be interesting to see a series of maps on this theme along the lines of the treatment that Richard Florida offers for the spatial distribution of various salient social characteristics -- for example, his maps of the distribution of different personality types across space.
Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Sunday, February 1, 2009
Wealth in the United States
Labels:
inequality,
wealth
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