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Inequality Remained Extreme in 2024 as DC Backslid on Poverty
Summary by DC Fiscal Policy Institute
1 Articles
1 Articles
Inequality Remained Extreme in 2024 as DC Backslid on Poverty
Income inequality and racial inequity persisted in 2024, according to new data from the Census Bureau’s American Community Survey (ACS), while the rate of poverty rose. For example, Black District residents had just over one-third (36 percent) of the median household income of white residents. The sobering new data show that Mayor Bowser’s trickle-down economic strategy—an extension of her “economic comeback plan”—focusing on business subsidies …
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