Report: Silicon Valley Income Gap Widens Even More

High-end earners see more dollar signs. Everyone else "stagnant."

Silicon Valley's rich are indeed getting richer. Everyone else -- not so much.

Palo Alto Online notes a recent study shows that 29 percent of Silicon Valley households reported income of $150,000 or greater -- "an increase five times greater than the increase of total households overall," according to the study conducted by the Joint Venture Silicon Valley Institute for Regional Studies.

Previous surveys showed only 26 percent of San Mateo County households had such robust earnings.

High-earners who were already doing well are doing even better. Meanwhile, wages for "low and middle-skilled workers are relatively stagnant," the survey noted.

The study crunched numbers from the U.S. Census Bureau's 2013 American Community Survey, the website reported.

Silicon Valley's housing prices are also outpacing income increases, the website reported. Average rent is now $2,100 for a one-bedroom apartment, and fewer than half of first-time homebuyers can hope to afford a home at the median price.

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