The Growing Income Inequality in Florida: The Growing Divide Between the Haves and Have Nots
Fla. News Network — To be considered “upper class” in Florida by 2025, households must earn at least double the state’s median income—a threshold now set at $169,000 annually, according to a Business Insider analysis of U.S. Census data. This definition, rooted in Pew Research Center methodology, highlights a growing economic divide: while cities like Miami and Palm Beach boast soaring salaries, rural and northern regions lag far behind. Less than 20% of Floridians qualify as upper class despite the state’s reputation for tax-friendly policies and a stable economy.…