Economy

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20 Dec 2013

Richmond ranks high in income inequality

Richmond has one the highest levels of income inequality in the United States. The poorest fifth of the city’s households receives 2.4 percent of the city’s aggregate income; the richest fifth gets 57 percent.

20 Dec 2013

Income inequality: by the numbers

Here is the data we used to produce this package of stories.

20 Dec 2013

Look up your county’s income data

Here is a tool to examine all of the income-related data that we have compiled on each county.

20 Dec 2013

A map of income inequality in Virginia

This map shows the Gini index — the level of income inequality — for each county and city in Virginia.

20 Dec 2013

The genius behind the Gini index

Italian statistician Corrado Gini created the Gini coefficient or index, in 1912. It is the most commonly used instrument of measurement for income inequality.

20 Dec 2013

About the American Community Survey

The data used in this story came from the 2010-2012 American Community Survey complied by the U.S. Census Bureau. Four datasets were used to put this story together.

09 Dec 2013

Revitalization Efforts Cut Short

Julia Dean was in the market for a new home when she was lured to the Carver neighborhood eight years ago. Dean, a retiree, had been living in Randolph, a neighborhood in Richmond’s West End just north of the Downtown Expressway, when she heard about a government program that was giving first-time homebuyers the chance to own new and affordable homes.

02 Dec 2013

HBCUs Have High Loan Default Rates

Among Virginia institutions of higher education offering graduate degrees, historically black colleges or universities, or HBCUs, had the highest student loan default rates in 2011.

09 Nov 2013

U.S. counties with the biggest bump in poverty rates

According to the 2012 American Community Survey, nine of the 10 counties with the highest poverty rates in the U.S. are in Southern states. This is not surprising, since nine out of the 10 counties with the biggest increase in poverty rates are also in the South

09 Nov 2013

Poverty in Richmond highest in the state

A lot of people think of Detroit as the poster child for poverty. But here’s a disturbing fact: The poverty rate in Richmond is just as bad.

08 Nov 2013

Common Wealth? Data Show Slow Growth in Va. Employment

Blame sequestration. Experts say federal budget cuts may explain why employment in Virginia is growing at a slower pace than it is nationwide. Virginia ranked 12th among the states in the number of people employed, at more than 3.5 million. But Virginia doesn’t compare so favorably in job growth – the percentage of employment change. […]

23 Sep 2013

Tech is at head of class on patents

When it comes to patents, Virginia Tech is living up to its slogan “invent the future.” The Hokies earned more than three-fourths of all patents issued to public colleges and universities in Virginia since 2003.

20 Nov 2011

Richmond City Dropout Rates Decrease

Over the past five years, the number of dropouts in Richmond has been cut almost in half, and the city’s dropout rate has plunged to 1.45 percent — well below the statewide rate. Officials credit a team effort between the schools and the community.

14 Nov 2011

At 9.5%, Unemployment High in Richmond

With almost 10,000 Richmond workers unemployed, the city is definitely experiencing a problem. The unemployment rate in Richmond was 9.5 percent this past September, while the statewide and national rates remained significantly lower – Virginia at 6.4 percent and the nation at 8.8 percent.