The typical American household earned $55,322 in 2016, roughly $4,000 higher than 2009’s median income of $51,425. While incomes have risen for the majority of households since the Great Recession, some parts of the United States have become poorer over the last decade — mostly low-income areas — as income inequality increased.
To determine America’s poorest towns, 24/7 Wall St. reviewed household income data from the U.S. Census Bureau’s American Community Survey in every American town with a population between 1,000 and 25,000. For comparison purposes, boroughs, census designated places, cities, towns, and villages were all considered.
The economic recovery from the Great Recession has been uneven, and many of the poorest households in America are even poorer than they were before the financial crisis. While the share of aggregate wealth earned by the poorest 60% of households fell from 26.9% of all income in 2010 to 25.9% in 2016, the share of wealth earned by the richest 5% of households rose from 22.2% to 23.0%. In half of the 30 poorest towns, the median household income is lower today than it was in 2009.