Economic Inequality is prevalent in America
FAMILY | United States | Massachusetts | Lowell City, MA | Weston town MA | |
WHITES – Only | MEDIAN HOUSEHOLD INCOME | $53356 | $65,327 | $49,759 | $195,087 |
% BELOW POVERTY LEVEL(FAMILIES) | 6.3% | 4.6% | 10.3% | 2.1% | |
BLACKS – Only | MEDIAN HOUSEHOLD INCOME | $33,255 | $38,565 | $34,489 | N/A |
% BELOW POVERTY LEVEL(FAMILIES) | 21.6% | 18.3% | 20.8% | N/A | |
ASIANS Only- | MEDIAN HOUSEHOLD INCOME | $59324 | $57,893 | $45,597 | $153,555 |
%BELOW POVERTY LEVEL(FAMILIES) | 9.7% | 12.4% | 16.8% | 2.7% |
The following is a summary based on the data from the table above:
White Only:
Families Median Income- This ethnic group has a high median income in all Selected domiciles: Lowell city, Weston, Massachusetts and the United States compared to the Black/African American population
This group also had a high family median income in Massachusetts, Lowell and Weston compared to the Asian populations in those regions.
However, the White people feature a lesser family median income in United States as whole compared to the Asian Population of U.S as a whole.
Poverty Level – The White population in all the selected domiciles also featured a lesser percentage of its population that are below the poverty level compared to the other ethnic races: Blacks and Asians.
Asian Only– From the data, the Asian population followed the White population in relation to high family median income and a lower poverty rate.
The Asian Population featured a High family median income in all selected domiciles compared to the Black/African American population.
However, Asians featured a lesser Family median income compared to the White population in the selected domiciles.
Poverty level- Likewise, they also showed a lesser percentage of its population that are below the poverty level compared to Black/African American population in the selected regions.
Blacks/African Americans- This ethnic group features a lesser median family income in all selected region in comparison to the other ethnic groups: Whites and Asians.
Poverty Level- Like wise, they featured a higher percentage of its population that are below the poverty level compared to the other ethnic groups; Whites and Asians.
Reasons for this Economic Disparity Within the Chosen Towns
Historic Reasons : From the data it is evident that the White population has better economic outlook. In Lowell city, their median income was higher than the other races at $49,759. Consequently , this was the same outlook in Weston , Massachusetts .
The possible underlying reason is that the White races are a dominant group in America. Historically, the White populations have an upper hand. They have acquired property and social networks that have ultimately been passed down to their current generation.
Note, however, that in the Asian population the median family income for United states as a whole was approximately $6000 higher than the White population. The explanation for this is relates to the next point.
Education
The Asians population median income for United States as a whole was higher than the White population. Although the White population may have historic advantage, they lag behind the Asian population when the United States is examined as a whole.
The Census data for year 2000 shows that the percentage of White population with a Bachelor’s degree was 16% compared to the Asian’s at 26%. This explains why the Asian population earns a little bit more on a national level.
Likewise, the Black/African American Population lagged behind with 9% of their population having a Bachelor’s degree. The result of this is evident in the numbers present in the above table. Overall the Black population earned less in all regions. They also had a high rate of poverty in all regions.
Overall, it is evident that the level of education can cause economic disparities among various groups.
Location Requirements
Each town has its own cost of living. The cost of its housing structures and even the level of taxation. One’s location choice is altered by Education and History. In the town of Weston, the census Data for Black population not available. Why? This is because Weston Median family income is high. This reflects the cost of living. The Black populations have a low Bachelor degree attainment. Hence, they are unlikely to pick Weston as a great location for living.
As a result, substantial data could not be obtained.
However, in the town of Lowell, where the median family income is lesser that Weston, it is evident that data was available for the Black population.
Sources
WHITE POPULATION DATA
Source: U.S. Census Bureau, Census 2000 Summary File 4, Matrices PCT55, PCT57, PCT58, PCT79, PCT81, PCT85, PCT86, PCT87, PCT88, PCT89, PCT94, PCT98, PCT99, PCT100, PCT101, PCT103, PCT107, PCT108, PCT109, PCT110, PCT112, PCT113, PCT130, PCT139, PCT142, PCT150, PCT151, and PCT157.
ASIAN POPULATION DATA
Source: U.S. Census Bureau, Census 2000 Summary File 4, Matrices PCT55, PCT57, PCT58, PCT79, PCT81, PCT85, PCT86, PCT87, PCT88, PCT89, PCT94, PCT98, PCT99, PCT100, PCT101, PCT103, PCT107, PCT108, PCT109, PCT110, PCT112, PCT113, PCT130, PCT139, PCT142, PCT150, PCT151, and PCT157.
BLACK POPULATION DATA
Source: U.S. Census Bureau, Census 2000 Summary File 4, Matrices PCT55, PCT57, PCT58, PCT79, PCT81, PCT85, PCT86, PCT87, PCT88, PCT89, PCT94, PCT98, PCT99, PCT100, PCT101, PCT103, PCT107, PCT108, PCT109, PCT110, PCT112, PCT113, PCT130, PCT139, PCT142, PCT150, PCT151, and PCT157.
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