|
|
|
|
|
by Retric
2047 days ago
|
|
That rate of property crime is a direct result of prosperity. In poor areas there is less stuff worth stealing and people spend more effort protecting it. The average house in Riverdale Chicago is worth less than the average car in Silicon Vally. People there make less money from armed robbery than someone can shoplift from a Silicon Valley Apple store. So shockingly with different risk/reward payoffs you get more property crime instead of armed robbery. |
|
SF property crime: 57.01/1000
SF median home: $1,195,367
SF per-capita income: $64k
NYC property crime: 18.64/1000
NYC median home: $1,126,049
NYC per-capita income: $73k
Palo Alto property crime: 22.88/1000
Palo Alto median home: $2,363,833
Palo Alto per-capita income: $89k
Chicago property crime: 32.48/1000
Chicago median home: $272,043
Chicago per-capita income: $34k
So SF has worse property crime even though it is on-par or poorer than NYC and Palo Alto.