How are the top 10% of Long Island faring?
Previously, we used Census microdata from IPUMS to look at Long Island’s bottom 10% population and how they’re faring.
Adjusted for inflation, in 2018 dollars, the top 10% of Long Island earners have seen a 4% increase since 2009.
And if we overlay the bottom 10% of our population, what we start to see is a concerning picture of unequal growth.
Where the top 10% of our population started seeing wages rise again in 2012, the bottom 10% did not see a growth until 2014.
It’s unclear what caused this slight wage recovery in 2014. Does this mirror your experience? Comment below.