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My Story, Middle-class areas shrinking in US

Submitted by on November 19, 2011
Friday, November 18th, 2011 15:48:00

WASHINGTON: The number of middle-income neighborhoods in the United States has dwindled significantly over the past 40 years, as the rich-poor divide deepens across the country, a study released Wednesday showed.

In 2007, nearly a third of American families -- 31 percent -- lived in either an affluent neighborhood or a mainly low-income one, up from just 15 percent in 1970, according to the study conducted by Stanford University, and released in partnership with the Russell Sage Foundation and Brown University.

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