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Recession widens gap between California's wealthy, poor

preese@sacbee.com

Published Tuesday, Sep. 27, 2011


Since the recession began in 2007, California's poorest households have seen their incomes decline almost twice as fast as its wealthiest residents, according to a Bee analysis of new census data.

Some of that is due to broader job losses for low-skill occupations, and some of it is a continuation of a longstanding trend toward greater income inequality. Those among the wealthiest 20 percent of households in California now earn, on average, about $15 for every $1 earned by their counterparts among the poorest 20 percent of California households.

Average California household income by quintile, with change from 2006-2010

Because of these trends, 20 percent of California's households now control more income than the remaining 80 percent.

Source: U.S. Census Bureau
Note: 2006 income figures adjusted for inflation.

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