[Vision2020] Moscow -- the poorest town in Idaho

[Don Coombs]

According to the post about Moscow being the poorest town in Idaho--

"Higher education does not always translate to a higher salary, as is
evident in the case of Moscow."

If higher education attracts a lot of students, many who live in off-campus
households and have NO income, you would get the results reported. But the
results wouldn't mean much.

Don Coombs

On Fri, Jun 12, 2015 at 10:31 PM, Kenneth Marcy <kmmos1 at frontier.com> wrote:

>   The Poorest Town in Each State
>
> By Sam Stebbins <http://247wallst.com/author/247samstebbins/>, Thomas C.
> Frohlich <http://247wallst.com/author/thomas-c-frohlich/> and Michael B.
> Sauter <http://247wallst.com/author/michael-sauter/> June 5, 2015 12:07
> pm EDT
>
> Poverty in the United States is not uniform and varies from place to
> place. Still, each state — no matter how rich — has some poor towns. In
> every state, there was at least one town with a median annual household
> income thousands of dollars lower than the state’s median income. In
> Cumberland, Maryland and Cairo, Illinois the difference was far greater —
> each had median household incomes at least $40,000 lower than the states’
> income figures.
>
> Socioeconomic indicators, such as low educational attainment rates,
> largely explain the low incomes in many of these towns. The poorest towns
> in only three states had a college attainment rate that exceeded the
> national rate of 28.8%. In contrast, the richest towns in all but six
> states had a college attainment rate greater than the national rate. And in
> 30 states, more than 50% of residents in the richest towns had at least a
> bachelor’s degree.
>
> *Click here to see the poorest town in each state.
> <http://247wallst.com/special-report/2015/06/05/the-poorest-town-in-each-state/2/>*
>
> Since every state must have a poorest town, and some states have far
> higher incomes than others, a state’s poorest town was not always
> especially poor compared to other states or the nation. Alaska, for
> example, had a median household income of $70,760 — the third highest
> nationwide. It’s poorest town, however, Ketchikan, had a median household
> income of $52,266, roughly in line with the national income figure, and
> higher than the typical household income in many states.
>
> In other instances, the poorest town in a given state served to illustrate
> the high income inequality in the state. In New York, which had one of the
> higher median household incomes compared to other states, the poorest town,
> Kaser village, was among the poorest towns in the nation. The difference
> between the towns with the highest and lowest annual income exceeded
> $100,000 in just 10 states.
>
> To identify the poorest town in each state, 24/7 Wall St. reviewed median
> household incomes for every town with populations of 25,000 or less in each
> state from the U.S. Census Bureau’s American Community Survey (ACS). Due to
> relatively small sample sizes for town-level data, all social and economic
> figures are based on five-year estimates for the period 2009-2013. Still,
> data can be subject to sampling issues. We did not consider towns where the
> margin of error at 90% confidence was greater than 10% of the point
> estimate of both median household income and population. Additionally, we
> did not include areas classified as census-designated places (CDP). For
> these reasons, Rhode Island and Hawaii were excluded from our list. Towns
> were compared to both the state and national figures. We considered the
> percentage of residents who had at least a bachelor’s degree, the towns’
> poverty rates, and workforce composition — all from the ACS. The percentage
> of housing units that were owned by their occupants — referred to as the
> homeownership rate — also came from the ACS.
>
> These are the poorest towns in each state.
>
>
> *11. Moscow, Idaho > Town median household income:* $33,164
> *> State median household income:* $46,767 (13th lowest)
> *> Town poverty rate:* 11.4%
> *> Town population:* 24,141
>
> Higher education does not always translate to a higher salary, as is
> evident in the case of Moscow. As many as 54.4% of town adults had at least
> a bachelor’s degree — more than double the corresponding statewide rate of
> 25.1% and nearly double the national rate of 28.8%. Despite the town’s high
> educational attainment rate, Moscow still had the lowest median household
> income of any town in Idaho.
>
>
>
> http://247wallst.com/special-report/2015/06/05/the-poorest-town-in-each-state/1/
>
>
> Ken
>
>
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