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May 15, 2008
The Growing Divide: Income Inequality and Its Effects on Florida’s Families
The Growing Divide: Income Inequality and Its Effects on Florida’s Families (PDF)
Emily Eisenhauer, Marcos Feldman, Bruce Nissen, and Yue Zhang
Source: Research Institute on Social and Economic Policy, Florida International University
The gap between the wealthiest and the poorest families in Florida is widening, impacting housing and health care coverage. Over the last fifteen years the average income of the top 5% of families have increased by more than 55%. Upper income families are over two and a half times as likely as low-income families to own their own homes, and 22% more likely to have every household member covered by health insurance.
Posted by ljridley at May 15, 2008 11:31 AM