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Economic Polarization: Map Shows Distressed Communities Predominantly in Southern US

Courtesy of Mish

The Economic Innovation Group has an interesting report on Distressed Communities.

The study notes “America’s elite zip codes are home to a spectacular degree of growth and prosperity. However, millions of Americans are stuck in places where what little economic stability exists is quickly eroding beneath their feet.”

Distress is based on an evaluation of seven metrics.

Distress Metrics

  1. No high school diploma
  2. Housing vacancy rate
  3. Adults not working
  4. Poverty rate
  5. Median income ratio
  6. Change in employment
  7. Change in business establishments

Economic Prosperity Quintiles

Change in Distress Quintiles

Underwater vs. 2000

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