The households in these areas have a considerably high income. This means that the residents of these estates can afford to live a decent life than the residents of other areas. The high income of the household indicates that the residents of these estates are rich people.
In 1990, the poorest people in Los Angeles live in Irvine and Echo Park, Chino and Norco. This emanates from the fact that the household incomes in these areas tend to be less than in other areas. The poorest people in New York live in Chelsea, Long Island City, Brooklyn Heights, as well as West Village. This is because these areas can be categorized as areas with the lowest household incomes, in New York. This means that the areas are dominated by poor people since they cannot afford the living standards of the classy suburbs. The poor prefer living in places where the cost of life is most affordable than in areas where they will incur high costs.
The other areas where poor people could be possibly living include J. F. Kennedy Airport and Jamaica Bay. The lowest median income in these areas could emanate from the fact that the population if lower than the areas with high median income. Few people prefer living in areas with low income; as a result, the income in such areas continues to decline as there are few people who contribute to the wellbeing of the area (Halle and Andrew 95-100).
In 2010, the richest people in Los Angeles live in Westlake Village, Agoura Hills, Calabasas, Glendale, and West Beverly. This can be portrayed by the fact that these areas have the highest household median incomes as compared to other areas. As such, the rich live in these places since they can afford to life in the neighbourhoods. Another possible reason why the rich live in these areas is because the areas provide opportunities, which give people a chance to advance and earn a considerable amount of money. The poorest people in LA live