Here is similar data to to the Interactive Census Data but with a little more Manhattan orientation. The interactive chart lets you look at different neighborhoods and shows the income distribution. You can also see how many people can afford to live there assuming they can pay 30% of their income for rent.
There’s some lesson to be learned here about investing vs consuming but I can’t quite figure it out! Hmm, I wonder if I’m a consumer or an investor.
If instead of spending $5700 on an Apple Powerbook in 1997 you’d bought Apple stock, it’d be worth $330K! If I hadn’t bought a MacBook Pro in 2008 for ~$2,499 but bought Apple Stock it’d now be worth $5,680. I’d have nearly $8,000 more.
So if you lost your firm billions of dollars, laid off tens of thousands and indirectly caused millions to lose their jobs and drove the unemployment rate to 10.3% well, the good news is it didn’t cost you your job! 92% of management in TARP funds recipients still have their jobs!
From A Fair Deal for Taxpayer Investments:
The executive leadership of the financial sector remain largely unchanged—92 percent of the management and directors of the top 17 recipients of TARP funds are still in office.
I saw a graph showing the population of the Five Boroughs: Manhattan, Bronx, Staten Island, Brooklyn, and Queens. I tracked the data to: NYC Population and NYC 2008 Population.
What I was surprised about is how the population of Manhattan has actually dropped over the years:
Of course, it’s density that matters! Here’s the population expressed as 1000 people per square mile
Wow! 72,000 people per square mile in Manhattan.