Memphis,TN one of the top 10 poorest cities in US

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Since: Mar 08

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#1 Aug 22, 2009
http://money.cnn.com/2007/08/28/real_estate/w... Memphis,TN is also a black majority city.

Since: Mar 08

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#2 Aug 22, 2009
The richest (and poorest) places in the U.S.
Maryland knocked New Jersey out of the top spot this year, while Mississippi and West Virginia were the poorest states in the Union.
By Les Christie, CNNMoney.com staff writer
August 31 2007: 3:09 PM EDT

NEW YORK ( CNNMoney.com )-- Maryland is now the wealthiest state in the union, as measured by median household income, according to the latest stats from the Census Bureau.

The typical Maryland household earned $65,144 in 2006, propelling it past New Jersey, which came in second with earnings of $64,470, but had led the nation in 2005. Connecticut finished in third place both years, recording a median income of $63,422 in 2006.

Top 10 wealthiest states
Here's where the median household income is highest
State Income
Maryland $65,144
New Jersey $64,470
Connecticut $63,422
Hawaii $61,160
Massachusetts $59,963
New Hampshire $59,683
Alaska $59,393
California $56,645
Virginia $56,277
Minnesota $54,023


Source:U.S. Census Bureau
The 10 poorest states
The states with the lowest median household income
State Income
New Mexico $40,629
Montana $40,627
Tennessee $40,315
Kentucky $39,372
Louisiana $39,337
Alabama $38,783
Oklahoma $38,770
Arkansas $36,599
West Virginia $35,059
Mississippi $34,473


Source:U.S. Census Bureau

Maryland's income was nearly double that of Mississippi, which, with a median of $34,473, was the nation's poorest state. West Virginia, where the median household earned $35,059, was second poorest and Arkansas, at $36,599, was third.

The median income for the United States as a whole came to $48,451.

Household incomes rose, but ...

Income growth was highest in the District of Columbia, where it rose 6.4 percent for the year. Median income in both Nevada and New Mexico jumped 4.5 percent. Delaware, down 2.9 percent, took the biggest dip, followed by Rhode Island (down 2.0 percent) and Maine (down 1.6 percent).

Among places with 250,000 or more residents, the affluent Dallas suburb of Plano, Texas, boasts the highest median income:$77,038. San Jose came in second at $73,804 and San Francisco was third with $65,497.

Paychecks in 2008: No big bump

The list of the 10 poorest cities was filled with mostly old, northeastern and mid-western industrial locales. Cleveland had the lowest median income of any city in the nation with more than 250,000 residents; households there earned just $26,535. Miami was the next poorest at $27,088, followed by Buffalo ($27,850), Detroit ($28,364), St. Louis ($30,936) and Cincinnati ($31,103).

Other poor sun-belt cities included Memphis ($32, 593) and El Paso (33,103). With median income of $33,229, Philadelphia was the only city among the nation's 10 biggest that was also among the 10 poorest cities.

The middle class may be better off than it thinks.

Among towns of between 65,000 and 250,000 in population, Yorba Linda, California, where six-figure incomes are the rule, had the highest median income at $121,075. The Orange County town is considerably wealthier than the second place city, Pleasanton, California, in the Bay area, which had a median income of $105,956.

The lowest income town of any with more than 65,000 population was Youngstown, Ohio at $21,850, which finished last by a large margin. Muncie, Indiana was its closest rival for this dubious distinction, with residents there earning $25,859, a difference of 18 percent.

Since: Mar 08

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#3 Aug 28, 2009
diane77 wrote:
http://money.cnn.com/2007/08/2 8/real_estate/wealthiest_state s/ Memphis,TN is also a black majority city.
that's sad.
Bigswole in Chicago

Skokie, IL

#4 Aug 29, 2009
You have to also look at the fact that a state where $35K is the salary...one can find a home in the $50-$60K range...and the $65k salary area...most homes are starting at $250k-$300K for little cracker boxes.I've seen shacks on N.Cali going for $400K in late 90's

Since: Mar 08

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#5 Aug 29, 2009
Bigswole in Chicago wrote:
You have to also look at the fact that a state where $35K is the salary...one can find a home in the $50-$60K range...and the $65k salary area...most homes are starting at $250k-$300K for little cracker boxes.I've seen shacks on N.Cali going for $400K in late 90's
Does Memphis have a low cost of living?
Tim

Booneville, MS

#6 Aug 30, 2009
diane77 wrote:
<quoted text>Does Memphis have a low cost of living?
Just like Detroit, houses in memphis are dirt cheap. Hundreds of them abandoned and can buy for pennies on the dollar, but property taxes are out of sight but necessary to give full retirement to Slick Willie's hand-picked negroes after only 12 years of service. Memphis is imploding and I'm loving it. It's just another example of what happens when blacks take over a city

Since: Mar 08

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#8 Aug 30, 2009
Bigswole in Chicago wrote:
You have to also look at the fact that a state where $35K is the salary...one can find a home in the $50-$60K range...and the $65k salary area...most homes are starting at $250k-$300K for little cracker boxes.I've seen shacks on N.Cali going for $400K in late 90's
A $50-$60K house is a house in the ghetto in Memphis or Houston or wherever in the U.S.

Since: Mar 08

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#9 Aug 30, 2009
correction or wherever in the ghetto in the US.

Since: Mar 08

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#10 Aug 30, 2009
DooDoo Brown wrote:
<quoted text>
Imagine what Memphis will be like when the last human leaves and turns it over totally to the brillo heads. Everything down town will be abandoned too.
The best thing that could happen to Memphis right now would be for the New Madrid fault line to go active again and turn the place into a giant sink hole.
blacks are the majority in Memphis. The city isn't poor just because blacks are the majority. http://www.city-data.com/city/Memphis-Tenness...

Since: Mar 08

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#11 Aug 30, 2009
DooDoo Brown wrote:
<quoted text>
Imagine what Memphis will be like when the last human leaves and turns it over totally to the brillo heads. Everything down town will be abandoned too.
The best thing that could happen to Memphis right now would be for the New Madrid fault line to go active again and turn the place into a giant sink hole.
blacks are the majority in Memphis http://www.city-data.com/city/Memphis-Tenness... the city isn't poor just because blacks are the majority. I'm black.

“The One You Love To Hate”

Since: Dec 06

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#12 Aug 30, 2009
Diane77 you are a redneck racist because:

you don't point out the startling ignorance of your trailorpark counterpart from AR and you just had to point out Memphis was a majority black city after stating it was poor. Why not point out that West Virginia is even poorer than Memphis and it's majority white.

Plus Maryland also has a very, very large black population and it's one of the wealthiest places.

I see right through you phoney.

“The One You Love To Hate”

Since: Dec 06

Location hidden

#13 Aug 30, 2009
I see you've corrected yourself right before my post but youre still a phoney.
Erin

Memphis, TN

#14 Sep 27, 2009
I found this blog because I am researching the poorest parts of Memphis for a sociology assignment and was very offended. I live in a suburb outside of Memphis, but I work for Memphis City Schools and I attend The University of Memphis. I personally don't feel that, "The best thing that could happen to Memphis right now would be for the New Madrid fault line to go active again and turn the place into a giant sink hole," would be the best idea (DooDooBrown, August 30). I personally don't believe killings thousands of innocent people is the best way to handle a poor city. I feel the damage of natural disaster would only cause more problems for our poor government. If you want to gripe about my poor city, gripe about the people in politics who care about themselves, gripe about the people who take advantage of the government making the city/country poor or gripe about the people with the 'I don't care attitude' and let the parts of the town go to waste, but don't ever wish death and disaster upon people. I take what you have said very personally, because I would be one of those people lost in the "giant sink hole." Before you criticize my city, applaud the people who bust their butts to make Memphis a great city.
whoathar

Largo, FL

#15 Sep 28, 2009
Yolanda wrote:
Diane77 you are a redneck racist because:
you don't point out the startling ignorance of your trailorpark counterpart from AR and you just had to point out Memphis was a majority black city after stating it was poor. Why not point out that West Virginia is even poorer than Memphis and it's majority white.
Plus Maryland also has a very, very large black population and it's one of the wealthiest places.
I see right through you phoney.
while I don't agree with your unnecessary name calling, I do agree with your assessment of parts of W Virginia, and the fact that Maryland has a TON of blacks and other minorities who have migrated there- it always seem suspect to connect RACE with POVERTY- while sometimes it's correlated, other times it's not- it seems only to be correlated when it suits racists in general- whether thay are white, or whether they are black.

Memphis is quite an unusual city it that regard because it remains so bifurcated, and underedcuated on bothe sides witness some of the overt racism spewed here- but Memphis has a long way to go on both sides and I would never advise anyone to spend a large portion of their lives there, it's quite futile

Since: Mar 08

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#16 Sep 28, 2009
Yolanda wrote:
Diane77 you are a redneck racist because:
you don't point out the startling ignorance of your trailorpark counterpart from AR and you just had to point out Memphis was a majority black city after stating it was poor. Why not point out that West Virginia is even poorer than Memphis and it's majority white.
Plus Maryland also has a very, very large black population and it's one of the wealthiest places.
I see right through you phoney.
I'm black. I'm not a racist you are.Maryland is not majority black.Baltimore,MD is majority black and a poor city www.baltimorehealthystart.org/about/default.a...

Since: Mar 08

Location hidden

#17 Sep 28, 2009
Yolanda wrote:
Diane77 you are a redneck racist because:
you don't point out the startling ignorance of your trailorpark counterpart from AR and you just had to point out Memphis was a majority black city after stating it was poor. Why not point out that West Virginia is even poorer than Memphis and it's majority white.
Plus Maryland also has a very, very large black population and it's one of the wealthiest places.
I see right through you phoney.
West Virginia is mostly rural. I didn't know that WV is majority white.

Since: Mar 08

Location hidden

#19 Sep 29, 2009
Yolanda wrote:
Diane77 you are a redneck racist because:
you don't point out the startling ignorance of your trailorpark counterpart from AR and you just had to point out Memphis was a majority black city after stating it was poor. Why not point out that West Virginia is even poorer than Memphis and it's majority white.
Plus Maryland also has a very, very large black population and it's one of the wealthiest places.
I see right through you phoney.
rednck is a racist word don't use it. I'm black.
twilight

Morgan Hill, CA

#20 Sep 29, 2009
Yolanda needs to refer to a dictionary before
she responds to these posts, she surely is an opinionated person, eh? I find it amusing to read her posts. She CONTINUOUSLY refers to people as
'rednecks','trailor park,'trolls', etc., etc., etc. Maybe she should consider using all this 'energy' on making a 'difference', on the positive note, of course!
THR

Memphis, TN

#21 Oct 6, 2009
One of the lost opportunities for Memphis and Shelby County to meet budgetary shortfalls to handle today's problems is the absence of revenue from uncollected hospital bills of indigent Northern Mississippians and others who have come to Memphis hospitals by the tens of thousands over the last century knowing they would not be turned away. Taxpayers and other patients handled that for them.
Another lost opportunity to supplement the area coffers results from the ongoing drain of cash from Shelby County to Tunica County ($50,000,000 per month according to a Gaming Journal of a few years ago). Of course Tennessee could have voted the local gaming option in just as Mississppi did and maybe have hung on to its gamblers' tax revenue (They probably should have), but some misplaced principles got in the way. Anyway, these things have helped Nothern Mississippi's small towns accumulate some unencombered worth with the help of some Shelby County dollars over the years and I for one am happy for them. I take it to heart when those highly educated, articulate citizens give such fine direction as to who is to blame for my former home town's crime levels and budget problems, and what should be done with the poor failed city and remaining inhabitants, especially since the whole northern third of Mississippi is now independently functioning and must have great insight.

Since: Mar 08

Location hidden

#22 Nov 13, 2009
THR wrote:
One of the lost opportunities for Memphis and Shelby County to meet budgetary shortfalls to handle today's problems is the absence of revenue from uncollected hospital bills of indigent Northern Mississippians and others who have come to Memphis hospitals by the tens of thousands over the last century knowing they would not be turned away. Taxpayers and other patients handled that for them.
Another lost opportunity to supplement the area coffers results from the ongoing drain of cash from Shelby County to Tunica County ($50,000,000 per month according to a Gaming Journal of a few years ago). Of course Tennessee could have voted the local gaming option in just as Mississppi did and maybe have hung on to its gamblers' tax revenue (They probably should have), but some misplaced principles got in the way. Anyway, these things have helped Nothern Mississippi's small towns accumulate some unencombered worth with the help of some Shelby County dollars over the years and I for one am happy for them. I take it to heart when those highly educated, articulate citizens give such fine direction as to who is to blame for my former home town's crime levels and budget problems, and what should be done with the poor failed city and remaining inhabitants, especially since the whole northern third of Mississippi is now independently functioning and must have great insight.
?

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