Income Inequality – Boston, MA

Half of city residents make less than $35,000 a year, study says, By Katie Johnson, March 15, 2016, Boston Globe: “Boston is a city of haves and have-nots, and a new study by the Boston Redevelopment Authority quantifies the growing divide, portraying the trend in stark numbers that show few benefits from the economic boom going to those near the bottom of the income scale.  Despite much attention given to high-paying jobs in technology, biotechnology, and finance, nearly half of Boston residents make less than $35,000 a year, the study shows. Incomes, when adjusted for inflation, have not risen for such workers for three decades…”