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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Frankie Carbone's picture

Maps out the Establishment perfectly. 

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.  

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.

wee-weed up's picture

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

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

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.

Moe Hamhead's picture

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

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

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?

Jlasoon's picture

You forgot about the folks in Picher OK. 

oklaboy's picture

there are still folks there?

Jlasoon's picture

Sure, just not alive. 

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.

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.

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.?

Agstacker's picture

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

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!)

overexposed's picture

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

NOTaREALmerican's picture

Survival of the fittest, BITCHEZZZZZ  !!!!

DanDaley's picture

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

NoDebt's picture

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

Grande Tetons's picture

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

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.

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. 

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.

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. 

NoDebt's picture

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

fonzannoon's picture

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

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.

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.

fonzannoon's picture

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

NoPension's picture

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

bilbert's picture

Um..........

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

BlindMonkey's picture

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

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

Uncle Remus's picture

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

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. 


 

Uncle Remus's picture

Agree on the Sammy Van Halen.

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

mc225's picture

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

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.

 

 

 

Pure Evil's picture

Some of us were just born to shop.

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.

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

 

 

de3de8's picture

$100/month on internet, I wish