Washington isn’t what it used to be -- mainly because the people that live here now are a lot richer.
The Washington Post recently reported the results of new research by the Brookings Institution. It found that from 2000 to 2009, the District gained 39,000 households with incomes of $75,000 or higher. During that same period, the city lost 37,600 households with incomes of $50,000 or less.
According to the Washington Post, these numbers refer to a “job market that is creating tens of thousands of high-paid and high skilled positions, but hemorrhaging lower level ones.”
It also seems there’s been a shift with the city’s ethnicity. According to the Brookings Institution research, the city’s proportion of black residents dropped from 59.4 percent to 52.7 percent, while the proportion of white residents grew from 27.8 percent to 33.3 percent.
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