This North Carolina City Ranks As One Of The Nation’s 9 Poorest Cities
A North Carolina city ranked as one of the nation’s poorest cities according to US Census data compiled by The Center Square. With inflation skyrocketing and the cost of living…
A North Carolina city ranked as one of the nation's poorest cities according to US Census data compiled by The Center Square. With inflation skyrocketing and the cost of living ever-growing poverty is unfortunately on the rise across the nation. If you haven't received a raise in line with inflation in the past few years, you've taken a pay cut. There's no way to dispute that. The Center Square reports that the federal poverty threshold is an annual income of $14,580 for an individual or $30,000 for a family of four. That number increases in Alaska and Hawaii. But you'd be hard-pressed to survive in any of the major cities in the country including Charlotte on $14.580. In fact, I'm not sure you could find a place to live here for less than that for a year. Not counting food and other basic necessities.
Greenville North Carolina
According to this study, Greenville North Carolina ranks as one of the nation's poorest cities. One in five people in the city are living below the poverty line. That's 22.5% of the population in Greenville living in defined poverty leaving you to wonder how many more are above that line but still barely making ends meet. Greenville has the ninth-highest of percentage the 386 U.S. metro areas that were included in this data. Greenville has a $44,450 median household income and a 4.1% unemployment rate.
Ranking the highest is McAllen-Edinburg-Mission, TX, followed by Valdosta, GA. The only other Carolina city to be included in the top 25 poorest cities is Sumter, SC. Sumter came in 21st on the list, with a 20.3% poverty rate. The cities median household income sits at $43,210, actually lower than Greenville. But they also have a lower unemployment rate- just 3.8%. If you have visited or lived in Greenville does your experience line up with this report? You can read the full article via The Center Square here.
North Carolina City Ranks No. 1 for the Richest City in America for 2022
Now, before we discussed which state was the cheapest to live in. That's all great, but sometimes you want to go where the money is at. You know, where the money resides! Now, we're learning that North Carolina has one of the wealthiest cities in America. How about that? The Carolinas are taking over this year with these rankings.
According to Home Snacks, the wealthiest cities in America for 2022 were determined by taking into consideration the number of residents living in poverty, income rank, and percentage of the population unemployed. In the cities that made this list majority of people have made it there, financially. From nice homes, good salaries, and comfortable living this North Carolina city took home the No. 1 spot. Wondering which North Carolina city took home the title of No. 1? Find out below. Here are the top 10 wealthiest cities in America for 2022.