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Income Gap

Pedestrians carry shopping bags as they walk along Market Street on April 26, 2013 in San Francisco, California. The Commerce Department reported that consumer spending helped lift economic growth to a 2.5 percent annual rate for the January to March quarter compared to a meager increase of 0.4 percent in the October to December quarter. Consumer spending surged to a 3.2 percent annual rate, the largest gain since the end of 2010. (Photo by Justin Sullivan/Getty Images)

KCBS Cover Story Series: Getting By – Income Gap Widens In San Francisco

The Bay Area has the highest median income in the nation and San Francisco has the fastest-growing gap between rich and poor. That economic inequality is on stark display in the very places where the latest technology boom is transforming the city.

03/25/2014

Demonstrators carry signs as they stage a protest demanding government action to create jobs outside of U.S. Sen. Dianne Feinstein's (D-CA) office on September 15, 2010 in San Francisco, California. Dozens of protestors demonstrated outside of Sen. Feinstein's office urging the senator to end the recession by creating jobs. (Photo by Justin Sullivan/Getty Images)

KCBS Cover Story Series: Getting By – The Bay Area’s Growing Income Inequality

The Bay Area is grappling with an accelerating shift in its socioeconomic structure. The rich are getting richer, the poor are getting poorer and the middle-class is, simply, disappearing. In a five-part Cover Story series, KCBS’ Doug Sovern investigates just how hard it is for working-class people to make a living and how quickly American dream for advancement is slipping away.

03/24/2014

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Gap Between Rich And Poor Much Larger In SF, Oakland Than In San Jose

It comes as no surprise that San Francisco and Oakland are top 10 among major United States cities for the earning gap between the haves and have-nots. However, you may be surprised to hear that San Jose ranks much lower among the 50 largest cities on income disparity, according to a Brookings Institute report.

02/25/2014