Where The Wealth Is (and Is Not)

Tyler Durden's picture




 

On the heels of Wal-Mart explaining that America is anything but recovering, we thought a look at the state of the union's wealth would be useful. To wit, the following map of household incomes shows where the "haves" and the "have-nots" reside...

 


Source: Visualizing Economics

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Thu, 07/10/2014 - 19:28 | 4945471 Frankie Carbone
Frankie Carbone's picture

Maps out the Establishment perfectly. 

Thu, 07/10/2014 - 19:32 | 4945499 NOTaREALmerican
NOTaREALmerican's picture

Not really, look at the income scale:  it tops out at 138k.   That's borderline Trash Class range.     The top 10% are doing far better than that.   Would be more interesting to see where the top 10% live, THEN you'd see where the most-fit members of society are.  

Thu, 07/10/2014 - 19:35 | 4945514 knukles
knukles's picture

Love the top of Alaska
Energy and government handouts rolled into one.
Great quality of life.  Low cost of living, close to nature, kinda off grid, lots of hunting, fishing and shooting.  Lotta alcoholic neighbors for entertainment.  No imported brown kids with scabies.  Er, no kids with scabies.  Lots a good stuff going for it.  Like canned lettuce.  Yumie stuff.

Thu, 07/10/2014 - 20:11 | 4945625 wee-weed up
wee-weed up's picture

NYC... DC... and Hollyweird...

That's all you need to know about where the $$ are.

Thu, 07/10/2014 - 23:27 | 4946173 wee-weed up
wee-weed up's picture

 

 

Ha! Looks like my Lib "junk-n-run" troll has struck again with his down-arrow!

Sometimes I hit too close to home truth for his comfort level.

Fri, 07/11/2014 - 08:12 | 4946649 Keyser
Keyser's picture

Hmm, how does that map transform into this one?

http://fellowshipofminds.files.wordpress.com/2012/05/agenda21.jpeg

 

Thu, 07/10/2014 - 20:17 | 4945655 Moe Hamhead
Moe Hamhead's picture

There's three families living up there, each making $75K for watching the guages for Exxon.

Fri, 07/11/2014 - 00:47 | 4946333 CrazyCooter
CrazyCooter's picture

Knucks, I love you man! I don't always follow your humor, but you and Slewie are in a class of your own for sure.

  • Love the top of Alaska Energy and government handouts rolled into one.
    • Read "The Last Alaskan Barrel: An Arctic Oil Bonanza that Never Was"
  • Great quality of life.  
    • A'yup
  • Low cost of living, close to nature, kinda off grid, lots of hunting, fishing and shooting.  
    • Correction. Very high cost of living. If you want an idea, check gas prices and extrapolate. A'yup regarding all the other stuff.
  • Lotta alcoholic neighbors for entertainment.  
    • A'yup
  • No imported brown kids with scabies.  
    • A'yup. All the imports are white; "natives" (they don't use that lingo) have been here thousands of years. They are "brown".
  • Er, no kids with scabies. 
    • No knowledge - pass
  •  Lots a good stuff going for it.  Like canned lettuce.  Yumie stuff.
    • All food comes by boat or plane. No trains, no roads. Produce can be spotty. If weather is rough, ain't no produce except meat.

Thanks for keep'n everyone out of my trade, I don't want it getting crowded.

Regards,

Cooter

Thu, 07/10/2014 - 19:47 | 4945539 Frankie Carbone
Frankie Carbone's picture

No I disagree. I live 20 miles from Palm Beach, which is one of the wealthiest handful of square miles in the nation. Do you know where the "help" lives? Anywhere from 2-20 miles away. Palm Beach County as a whole dilutes, or skews the mean, even though we have quintillionaires, and the Board of Directors of America down in Palm Beach and Jupitor Island. 

Take a look at the corridor from Northern Virginia up to D.C (District of Cash-ola) through New England. That's the epicenter of serious wealth and the known residential region of The Establishment. The peasants that live among them are skewing the mean. 

Do you think they live in Gary, Indiana?

Thu, 07/10/2014 - 19:48 | 4945548 Jlasoon
Jlasoon's picture

You forgot about the folks in Picher OK. 

Thu, 07/10/2014 - 19:57 | 4945567 oklaboy
oklaboy's picture

there are still folks there?

Thu, 07/10/2014 - 20:02 | 4945586 Jlasoon
Jlasoon's picture

Sure, just not alive. 

Thu, 07/10/2014 - 19:57 | 4945564 Thirtyseven
Thirtyseven's picture

Yeah, a lot gets skewed.  Teton county, WY is dark green on the map, but most residences there are vacation homes. Actually, Wyoming is the only state outside of the east coast to sport no yellow spots on the map.

A lot of Maryland is dirt poor, but there is a lot of government money pouring in.  Delaware?  Only because of huge chemical companies like DuPont and a very corporate friendly (note: not necessarily small business friendly) tax climate.  Most residents are on level with West Virginia.

I'm not a fan of Averages.  Show me the MEDIAN.

Thu, 07/10/2014 - 20:07 | 4945601 cynicalskeptic
cynicalskeptic's picture

Something like 3% of the land in Teton County WY is privately held - the rest is mainly federally owned (National Park or Forest).  Some insanely expensive houses in Jackson Hole - part time residences even if claimed as full time (Wy has no income tax). The 'locals' can't afford Jackson Hole anymore and live over the pass in Idaho.

Thu, 07/10/2014 - 20:57 | 4945798 toady
toady's picture

Not just there, what's the deal with that darker green across north Nevada, Utah, and into Jackson Hole? I can see some darker green around SLC, (Mormons, $$$) but across that whole area?

Maybe a mix of Mormons and Dick Cheney & co.?

Fri, 07/11/2014 - 10:23 | 4946956 Agstacker
Agstacker's picture

The billionaires kicked all of the millionaires out of Jackson Hole years ago.

Thu, 07/10/2014 - 19:57 | 4945569 NOTaREALmerican
NOTaREALmerican's picture

That's true.   You've got to have lots of Trash Class supporting the top 10% with services, so it would drag down the income averages.   (Man,  just another example of how the smartest-n-savviest just can't catch a break.   The Trash Class even drags down their income averages on nationwide charts,   useless bastards!)

Fri, 07/11/2014 - 12:54 | 4947419 cchoo
cchoo's picture

the top 10% could have multiple homes. the map would be skewed and deemed worthless.

would you rather have pretty colors? or an accurate visual?

Thu, 07/10/2014 - 19:28 | 4945472 overexposed
overexposed's picture

Lotta consolidation of wealth via Government, the way it looks to me.

Thu, 07/10/2014 - 19:29 | 4945474 NOTaREALmerican
NOTaREALmerican's picture

Survival of the fittest, BITCHEZZZZZ  !!!!

Thu, 07/10/2014 - 19:29 | 4945478 DanDaley
DanDaley's picture

No wonder I'm poor...living in the wrong county.

Thu, 07/10/2014 - 19:30 | 4945482 NoDebt
NoDebt's picture

It's not what you make, it's what you clear.  

Thu, 07/10/2014 - 19:34 | 4945506 Grande Tetons
Grande Tetons's picture

...and who your neighbours are. Idaho panhandle, Western Montana....or NYC. Kinda depends on what you want out of life. 

Thu, 07/10/2014 - 19:39 | 4945523 NoDebt
NoDebt's picture

I like my neighbors close enough I can yack with them when I want, but far enough away I can ignore them if I don't.

I'd need about 10,000 acres to strike the balance I'd prefer.  I'll a little short of that at the moment.

Thu, 07/10/2014 - 19:47 | 4945545 Grande Tetons
Grande Tetons's picture

I was lucky enough to live up there for awhile. My best friend was a bear named Dave. 

Not much of a talker more of a listener. 

Thu, 07/10/2014 - 20:34 | 4945730 NoDebt
NoDebt's picture

See, that's the kind of neighbors I'm looking for.  

Must be why I gravitate to working on old muscle cars.  They don't talk back either.  Just good listeners.

Thu, 07/10/2014 - 20:40 | 4945747 Grande Tetons
Grande Tetons's picture

I asked Dave once....is the Pope Catholic? 

  Dave, being the philosopher that he was, took a shit on my porch. 

Thu, 07/10/2014 - 21:01 | 4945814 NoDebt
NoDebt's picture

I see the wisdom in his reply.  I would take that to mean "you're asking the wrong question."

Thu, 07/10/2014 - 21:03 | 4945824 fonzannoon
fonzannoon's picture

I take it as he really had to take a shit.

Thu, 07/10/2014 - 21:07 | 4945834 NoDebt
NoDebt's picture

We all see what we want to see in things, Fonz.  Deal with enough people long enough and you know this to be true.

Thu, 07/10/2014 - 21:09 | 4945846 fonzannoon
fonzannoon's picture

That's true.

Grande did Dave mention anything about having to take a shit before you posed the question to him?

I bet we can get to the bottom of this.

Thu, 07/10/2014 - 21:12 | 4945859 Grande Tetons
Grande Tetons's picture

Not a word. 

 

Thu, 07/10/2014 - 21:16 | 4945867 fonzannoon
fonzannoon's picture

was he standing funny with a pained expression on his face?

Thu, 07/10/2014 - 22:33 | 4946077 NoPension
NoPension's picture

Answers the age old question; " does a bear shit in the woods?"

Thu, 07/10/2014 - 22:47 | 4946101 bilbert
bilbert's picture

Um..........

I think it answers the question:  "Is the bear Catholic?"

Thu, 07/10/2014 - 23:59 | 4946238 BlindMonkey
BlindMonkey's picture

GT. ask Dave what he thinks of investing in CYNK. I really want to know what he thinks.

Thu, 07/10/2014 - 19:59 | 4945573 Uncle Remus
Thu, 07/10/2014 - 20:11 | 4945612 Grande Tetons
Grande Tetons's picture

I will have you know that I am one of the guys who bought Fee Waybill's solo project LP back in the mid 80s. 

Talk to you later.

 https://www.youtube.com/watch?v=sLaekFFqgO0

Thu, 07/10/2014 - 20:27 | 4945704 Uncle Remus
Uncle Remus's picture

Is it me or does that sound a little Van Halenish with a twist?

Thu, 07/10/2014 - 20:36 | 4945736 Grande Tetons
Grande Tetons's picture

The Sammy Van Halen version perhaps.  

The production value of Foster and Fee's voice. There is the twist. 

I checked...Fee has almost no views for his solo work on YouTube. Nice to see he will continue to be a secret gem. 


 

Fri, 07/11/2014 - 09:24 | 4946785 Uncle Remus
Uncle Remus's picture

Agree on the Sammy Van Halen.

Fee is from my old stomping grounds, as is Alice.

Fri, 07/11/2014 - 01:08 | 4946362 mc225
mc225's picture

the guitar player is probably the dude from toto, who was/is a shredder in his own right. (steve lukather)

Thu, 07/10/2014 - 19:49 | 4945536 Jlasoon
Jlasoon's picture

"It's not what you make, it's what you clear".

 

Wrong!!! it's what you spend. Fuck the mall, screw Wal-Mart, learn to cook, grow some food, cut cable, stay away from high priced cell phone plans, stay away from big houses (money pit), don't drop 50k on a car, stop putting Chinese crap on credit cards, don't spend a $100/month on internet, stay away from restaurants, and move to state with low sales taxes and no income tax. It's surprising how well one can live if he or she controls their spending.

 

 

 

Thu, 07/10/2014 - 19:58 | 4945568 Pure Evil
Pure Evil's picture

Some of us were just born to shop.

Thu, 07/10/2014 - 20:08 | 4945606 Uncle Remus
Uncle Remus's picture

then drop...

Thu, 07/10/2014 - 21:04 | 4945828 NoDebt
NoDebt's picture

Yeah, like that guy at the mall in Jersey who jumped to his death off the 3rd floor balcony last year when his girlfriend refused to stop running up the credit card.

Thu, 07/10/2014 - 22:38 | 4946084 BKbroiler
BKbroiler's picture

we've all been there.

Fri, 07/11/2014 - 01:39 | 4946385 UselessEater
UselessEater's picture

enter ... the Metro-sexual male that accessorizes, manscapes, has beauty treatments and then asks "do I look good in this?" its so very man-like just ask a credit card company

Your hat strategically dipped below one eye
Your scarf it was apricot
You had one eye in the mirror as you watched yourself....

https://www.youtube.com/watch?v=b6UAYGxiRwU

 

 

Fri, 07/11/2014 - 07:21 | 4946574 de3de8
de3de8's picture

$100/month on internet, I wish

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