Saturday, October 19, 2013

Inflicted middle classes migrate to Texas

ince 2008, 58% of job increases in the U.S. are for incomes lower than $28,000 which signifies a well-known fact, i.e., the thinning of middle-class. Th era of low-income and high cost-of-living drives many migrants to Sun Belt, especially Texas, as in the cover story of TIME, "Why Texas Is Our Future". Interesting chart of state-by-state actual average income comparison (after adjustment of cost-of-living and state tax) shows that Texas stands at a coveted No. 3 (California lags far behind at No. 47)

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