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Sunday, October 21, 2012

America’s Best (and Worst) Educated States - 24/7 Wall St.

America’s Best (and Worst) Educated States - 24/7 Wall St.:


America’s Best (and Worst) Educated States


The number of Americans with college degrees has increased steadily in the last decade. According to the latest government data, 28.5% of U.S. residents 25 or older had at least a bachelor’s degree in 2011, up only slightly from 27.2% in 2005. While the number is relatively unchanged, there are substantial differences across the country. In West Virginia, the state with the lowest graduation rate, 18.5% of adults have at least a bachelor’s degree. In Massachusetts, the state with the highest graduation rate, the figure is 39.1%.
Based on education data from the U.S. Census Bureau’s’ American Community Survey, 24/7 Wall St. identified the U.S. states with the largest and smallest percentages of residents 25 or older with a college
Read more: America’s Best (and Worst) Educated States - 24/7 Wall St. http://247wallst.com/2012/10/15/164232/#ixzz29x3Ik3MP


America’s Poorest Cities

Median household income in the United States declined for the second straight year, according to data released by the U.S. Census Bureau last month. The national median income was $50,502 in 2011, more than 8% below the 2007 pre-recession peak. The country’s largest cities followed the same pattern, with income falling in some cases by more than 10%. Even in the country’s wealthiest metropolitan areas median household income fell in many cases.
What has not changed much is the gulf that separates how much people make, depending on where they live. In McAllen, Tex., the median household earned just $31,077 in 2011. In the Washington D.C. metropolitan area, the median household earned close to three times as much. These differences reflect vastly different economies and demographic makeups. Based on the 2011 Census Bureau American Community Survey, 24/7 Wall St. identified the cities with the highest and lowest incomes.
The biggest factor in determining a city’s income, according to Alex Friedhoff, a Research Analyst at Brookings Institute’s Metropolitan Policy Program, is the underlying industries that employ the most residents, as well as the type of jobs. High-tech jobs, particularly those related to computers and


Read more: America’s Poorest Cities - 24/7 Wall St. http://247wallst.com/2012/10/04/americas-poorest-cities/#ixzz29x3TeLCB