Economic impact payments have become one of the most hot-button topics as the U.S. continues to feel the effects of the coronavirus pandemic. As a part of the $2 trillion coronavirus relief package Congress passed this spring, people across the country have been receiving payouts of around $1,200 to help pay bills and/or stimulate the economy. However, joint-filers and those with dependents could receive more.
The checks began to make their way out in mid-April but saw quite a few hiccups along the way. Some people were reporting that some checks went to the wrong bank account, raising many red flags among hopeful recipients. For those still awaiting the benefit, the IRS put together a way for each individual to track when the check will come in. (There is also a hope among some that another check will roll out, this time equating to $2,000._
With so many eyes focused on the stimulus checks, CNBC put together a list of the top 10 cities that will receive the most help from the bill. In their report, a Florida city, which found itself at the center of controversy with Jacksonville beaches reopening amid the pandemic, taking home the top spot.
The report says that 92.74 percent of residents will receive the stimulus check. When factoring in the partial benefit, that number jumps to 96.53 percent. It's also reported that the median income of each household is $57,311.prevnext
Kansas City, Kansas
With a median income of $55,122, the report says that 92.45 percent of individuals will receive the full benefit. Altogether with full and partial checks, the total is 96.69 percent.prevnext
The estimated numbers suggest that 93.8 percent will receive the full benefit will 96.86 percent will at the very least, come away with the partial stimulus. In Detroit, the average media income per household is $36,842.prevnext
With an average income of $61,966 per household, an estimated 97.13 percent will receive the partial benefit. The full impact of the stimulus check will impact 90.82 percent of people.prevnext
An estimated 97.18 percent of people will receive at least the partial benefit with 93.22 percent seeing the full stimulus check. The average income for a Springfield household is $47,748.prevnext
In Dayton, 97.35 percent will see at least a partial benefit. When looking at the full stimulus check, 92.76 percent are expected to take in the full impact of the check. The average household in Dayton brings in $46,729.prevnext
In Toledo, the average household income comes in at $45,419. There is a projected 97.6 percent of individuals taking in the partial benefit with 94.6 percent earning the full effect.prevnext
In this Texas city, there is projected to be 97.68 percent of people receiving the partial benefit and 95.22 percent taking in the full stimulus check. The median household income in Brownsville is $40,498.prevnext
Sunrise Manor, Nevada
The date has the average income per household in this city as $48,475. Among those eligible, 94.05 percent will receive the full benefit with 97.88 percent bringing in at least the partial stimulus check.prevnext
The top spot on the report foresees 95.05 percent of people will receive the full benefit with 98.11 percent taking it the partial bonus at the minimum. In this area, the average median income per household is $41,867.prev