San Diego Third Highest Median Income in America

The U.S. Census Reports that San Diego is the third richest city of cities with 500,000 people or more.

The Center on Policy Initiatives produced a full CPI analysis brief which reveals that the rich have gotten richer.

San Diego County has considerable income disparity, the census data reveals in its first county-by-county use of the Gini ratio, the standard international measure of income inequality. The 20% of households with the highest incomes claimed half (49%) of all income in the county, while the lowest-earning fifth of households got less than a 4% sliver of the pie.

Not only did the rich get richer, but the income gap widened with the poor earning less.

In 2006, 331,370 individuals in San Diego County live below the federal poverty level, a poverty rate of 11.7%. There are 105,225 households in the county with incomes below the federal poverty level, which is widely acknowledged to be far less than real poverty.

San Jose and San Francisco topped the list of the richest cities in America.