income

Top 1% Colleges and Marriage Geographies

TOP 1% COLLEGES: At 38 colleges in America, including five in the Ivy League – Dartmouth, Princeton, Yale, Penn and Brown – more students came from the top 1% of the income scale than from the entire bottom 60%. The top 10 are: Washington University in St. Louis, Colorado College, Washington and Lee University, Colby College, Trinity College (Conn.), Bucknell University, Colgate University, Kenyon College, Middlebury College, and Tufts University.

Elite colleges that enroll the highest percentage of low- and middle-income students: University of California, Los Angeles, Emory University, Barnard College, New York University, Vassar College, Bryn Mawr College, Massachusetts Institute of Technology, University of Miami (Fla.), Brandeis University, and Wellesley College.

Top 1 Percent Colleges

Colleges with more students from the top 1% (NYTIMES)

MARRIAGE BY GEOGRAPHY: The place where you grow up doesn’t affect only your future income, but it also affects your odds of marrying. The places that discourage marriage most tend to be cities, including San Francisco, Philadelphia and New Orleans, as well as their surrounding areas.

Nationwide, the jurisdiction with the single largest marriage-discouraging effect is Washington DC. But the New York area stands out even more. If we boiled down the list to only the country’s 50 largest counties, the top five in discouraging marriage would all be in the New York area.

New York Marriage Effect

New York Marriage Effect (NYTIMES)

Curated by CLAI

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What Is Your Stress Tolerance? How Much Do You Make?

Curated by CLAI

STRESS TOLERANCE: Are you stressed for your age, gender, education, and income?

  • You have the highest stress levels 25-34 years, with a steep drop after 55.
  • Women experience greater levels of stress.
  • Stress levels decrease with greater education and higher income.

W160401_GINO_AVERAGESTRESS

WEALTHIEST ZIP CODES: The top five zip codes in America with the highest average income probably won’t surprise you: three of the five are in New York City, while one is in Miami Beach.

  • Washington, D.C. 20510 ranks as the wealthiest zip code in the District, with an average income of $191,818.
  • Maryland, Gibson Island,  21056 has an average income of $450,012.
  • Virginia, Roanoke 24005 has an average income of $394,400
  • Florida, Miami Beach 33109 with a stunning $2,180,105 in average income.
  • New York City has the wealthiest zip code (10104), with an average income of $2,976,929.

HOW MUCH DO YOU MAKE? Nearly 73% of full-time workers aren’t comfortable with the idea of discussing their pay with anyone at work other than their boss or the HR department. Only 13% said they’d be “completely comfortable” with sharing such information more broadly, recognizing that it might offer workers better leverage in negotiations. The remaining 14% or so said they would be comfortable discussing their salaries with close colleagues, but not their wider team.

  • Women were slightly more uncomfortable than men with the idea of sharing what they make, despite what they might stand to gain from doing so. About 74.5% of the women in the sample said they were uncomfortable talking about it with anyone other than a supervisor or HR, compared with 70% of the men.
  • There was a little more variation, meanwhile, among age groups. Respondents aged 25 to 34 were most likely to welcome the idea of talking openly about their pay. 34% said they were either completely comfortable with it or would do so with close colleagues, compared to 27% of all ages surveyed.

It’s the things that scare you the most that you have to do

Curated by CLAI

Income Ladder Depending on Where You Live: Climbing the income ladder occurs less often in the Southeast and industrial Midwest with the odds notably low in Atlanta, Charlotte, Memphis, Raleigh, Indianapolis, Cincinnati and Columbus. Some of the highest rates occur in the Northeast, Great Plains and West, including in New York, Boston, Salt Lake City, Pittsburgh, Seattle and large swaths of California and Minnesota.

Chances of Ending Up in the Top Fifth, For a Child (NYTIMES)

Chances of Ending Up in the Top Fifth, For a Child (NYTIMES)

Remarkable People on their Careers: “It’s the things that scare you the most that you have to do.” – Ruth Reichl

ZIP Codes: What Does it Say About You? West v. East Germany

Curated by CLAI

ZIP CODE DEMOGRAPHICS AND LIFESTYLE: Want to know what your zip code says about you? Learn about the people and culture of an area with ZIP Lookup.

  • Arlington, VA: 56% Metro Renters & 44% Laptops and Lattes. We’re affluent, well-educated singles or partner couples, who hold professions in business, finance, legal, computer, or entertainment. Young, mobile, or still in school, we live along or with a roommate in rented apartments. Long hours and hard work don’t deter us. Most of our income goes to rent, fashions, and latest technology. We live close to our jobs, so we can either walk or take a cab. We practice yoga, go skiing, and attend Pilates.
  • Bensonhurst, Brooklyn, NY: Asians, particularly Chinese, are concentrated here. Nearly half are foreign born and 1/3 don’t speak English. Long commutes are the way of life. Spending is careful; we’re not brand loyal and use coupons when we can. Dancing, casino gambling, eating out at our favorite restaurants consume our leisure time.
Income distribution in Arlington, VA.

Income distribution in Arlington, VA. (ESRI)

West & East Germany: Those in West Germany have greater disposable income, lower rates of unemployment, more young people, more foreigners, and more trash. East Germans have more childcare, bigger farms, and higher flu vaccination rates.

Disposable income in West Germany v. East Germany (WAPO)

German statistical office. Visualization: Gene Thorp, WAPO.

Rich, Middle Class, & Poor Jobs. Washington DC Highest Housing Cost

Curated by CLAI

JOBS FOR RICH, MIDDLE CLASS & POOR: Looking across incomes and rankings there are a couple of interesting things to note:

  • It’s good to be the boss: Being a manager is the most common job from the 70th percentile up to the 99th.
  • Doctors and lawyers are only found in the top two brackets. (There’s a reason our grandmothers wanted us to go to med school or law school.)
  • Sales supervisors are well-represented across all groups. It’s a broad job title that applies to people making as little as $12,000 a year all the way up to six figures.
Jobs Up & Down Income Ladder

Data from 2012, adjusted for inflation. Source: IPUMS-USA, University of Minnesota; American Community Survey Credit: Quoctrung Bui/NPR

DC MOST EXPENSIVE CITY: Wait a second – is D.C. really #1 in housing costs? More than NY? Yes. Washingtonians spend more on housing and related expenses (utilities, furnishings and equipment) than New Yorkers and San Franciscans.

  1. Washington, DC
  2. San Francisco, CA
  3. New York, NY
  4. San Diego, CA
  5. Baltimore, MD
  6. Los Angeles, CA
  7. Seattle, WA
  8. Boston, MA
  9. Philadelphia, PA
  10. Chicago, IL
Most expensive cities to live in the United States

Most expensive cities to live in the United States (Credit: US Bureau of Labor Statistics)