BALTIMORE, Md. (WJZ)—Charm City is America’s 6th poorest city according to a report by CBS News.
The report gathers 33 of the nation’s poorest cities from data compiled by a California-based online research group, findthebest.com.READ MORE: Some Teens May Get A Covid-19 Vaccine Booster Soon, But Younger Kids Might Not Get One At All
The company used U.S. Census Bureau data which found the 50 largest American cities that had significantly higher income gaps between rich and poor when compared to the cities overall.
Data shows that of Baltimore’s 621,445 total population, only 6.4% make over $150,000 a year.READ MORE: Woman Struck And Killed In West Baltimore
Charm City is also dealing with a relatively high cost of living and a low job growth rate which has caused residents who were once getting by economically to fall below the poverty line.
The poorest city on that report– Detroit, Michigan. Milwaukee and Philadelphia round out the top three.MORE NEWS: Maryland Horse Racing Regulators Question Laurel Park Executives After 8 Horses Die In 2 Months; Track To Remain Closed To Racing