In this short article, we will move away from focusing on comparing parts of Minneapolis and instead zoom out to see how different groups in Minneapolis are doing in general. We want to add to our knowledge of Minneapolis by seeing what group is doing better economically. Thus, we will use median household income as our metric for this posting.
This is a bit of a silly question, but without looking at Figure 1 (if you haven’t looked at it yet and I won’t blame you if you did), and considering the past few articles and the metric we’re using for this post, which group do you think is doing the best economically in Minneapolis?
If you guessed “white” households, then you are correct. I’m sure there was some unfortunate intuition in your reasoning. But nonetheless and as the graph shows us, 42 percent of “white” households in 2013 had a median household income greater than $75 thousand, which was the largest proportion of the four groups.
Following “white” households, about 26 percent of both Asian and Hispanic/Latino households had a median household income greater than $75 thousand in 2013. And last, about 11 percent of “black” households had a median household income greater than $75 thousand in that same year.
As we can see, there was quite a difference between “white” households and Asian and Hispanic/Latino households, and a remarkable difference between “white” households and “black” households. 16 percent and 31 percent, respectively, is not exactly close.
Adding to our already established knowledge of Minneapolis, we are beginning to see some trends emerge in our work. Information like this will eventually allow us to be able to analyze the Urban Dynamics of Minneapolis.