Wednesday, November 3, 2010

Out of Pocket

Brooklyn’s income and spending by the numbers

Brooklyn’s 2.5 million residents are spending more now, but getting less for their money. Transportation costs are high, weekly wages are low, and nearly 1 million people are on some form of government assistance compared to about 592,000 people in 2000. Even seemingly bright spots, like a steady rise in personal income from 2000 to 2008, need to be celebrated with a caveat — as of last year, personal income stopped increasing.

Pocket Change

Yolanne Almanzar, Joseph Deaux, Alex Eriksen, Mariya Karimjee, Michael Keller, Joi-Marie McKenzie, Joe Proudman, Abigail Ronck and Lillian Rizzo contributed to this report.

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