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BRA Report Finds Boston’s Booming Economy Leaving Many Residents Behind

Construction takes place on two buildings, left, adjacent to three recently built buildings, right, in Boston's Seaport District. (Bill Sikes/AP)

Construction takes place on two buildings, left, adjacent to three recently built buildings, right, in Boston’s Seaport District. (Bill Sikes/AP)

The Boston Redevelopment Authority released a report Tuesday with some new numbers on the city’s deep income inequality. It finds that median income in Boston is just over $35,000 per year. When you factor in inflation, that figure has remained unchanged for nearly three decades.

Guests

Matthew Resseger, senior economist at the Boston Redevelopment Authority.

Sharon Scott-Chandler, executive vice president at Action for Boston Community Development.

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Boston Redevelopment Authority: Boston’s Workforce: An Assessment Of Labor Market Outcomes And Opportunities

  • ” For more than a generation, the incomes of Boston residents in the lower half of the income distribution have remained stagnant.”

Brookings Institution: City And Metropolitan Inequality On The Rise, Driven By Declining Incomes

  • “Many cities with the highest levels of income inequality in 2014 reflect broader patterns across their metro areas. Boston leads the city list; its large student population partly explains its relatively low 20th percentile incomes.”

WBUR: 4 Takeaways From Boston’s New Report On Inequality

  • “A new report on Boston’s workforce provides yet more evidence that many in the city are struggling to find well-paying jobs, despite Boston’s overall strong economic growth.”

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Host Meghna Chakrabarti introduces us to newsmakers, big thinkers and artists and brings us stories of relevance to Bostonians here and around the region. Live every weekday at 3 p.m. and 10 p.m.

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