This morning the Census Bureau put out a raft of new data for 2011. It includes the income and poverty rates from state to state, and across major metro areas. Nationally the poverty rate was largely unchanged, but it rose across California, for example, and in New York City. The study also shows that income ineqaulity is rising in more states.
Numbers are one way to look at poverty from place to place. Blogger Tim De Chant tried another way: satellite images of tree-cover in urban areas. He compared the tree cover between affluent and poorer cities. He found that cities with less money had less trees, which could have a significant impact on these areas.
“There are some direct economic impacts of trees. They increase property value and reduce cooling costs. All of these things can add together to a large economic impact,” De Chant says.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?