A new report by the Information Technology and Innovation Foundation (ITIF) says that only 3 percent of households in the United States can afford to buy high-speed internet.

The ITIF report, titled How Low Can You Go?, notes that while most consumers in the U.S. have internet access, the median household income in the country is only $52,000.

That’s below the $65,000 median household wealth of the United Kingdom, where the median wealth is $64,000 per person.

In the United Arab Emirates, the report says that the median income for a household with an income of less than $10,000 is $50,000, and in Morocco, it’s $59,000 in total.

The report also found that the percentage of households that can afford broadband internet has fallen to 5 percent in the first half of the year.

At the same time, the ITIF found that in the five years after the introduction of high-bandwidth internet, average internet speeds dropped by 15 percent, while the median internet speed fell by 10 percent.

“For the first six months of this year, average broadband speeds are only 2.4 Mbps, but by the end of June they were 3.2 Mbps, and that’s a drop of 80 percent,” the ITF wrote in a report.

As a result, the average American household’s internet connection fell by 12 percent in January, while it fell by 22 percent in February.

The ITIF also found, however, that broadband internet is still far behind the speed of a smartphone or tablet, with the average smartphone using 8.5 megabits per second, compared to the 3.8 Mbps per second of a tablet.

Tags: Categories: Economy