(NEXSTAR) — Campaigns are fond of saying that every dollar counts, and while that may be true, it’s unlikely that the $45 that President Donald Trump pulled in from the 94924 zip code will swing the election in his favor.
The $15 former Vice President Joe Biden brought home from 67481 also won’t buy him any campaign ads, but these numbers do give us a better sense of where and who is funding this campaign.
Using Federal Election Commission data, the New York Times has mapped out how much cash has come into the Democratic and Republican presidential nominees since April, providing a clearer picture of how Biden has taken over the fundraising lead from the 45th president.
According to the analysis, Biden raked in money from two million more donors than Trump since April. But a deeper look at the numbers suggests education and income may explain the gap better than simple geography.
“Joe Biden has outraised President Trump on the strength of some of the wealthiest and most educated ZIP codes in the United States, running up the fund-raising score in cities and suburbs so resoundingly that he collected more money than Mr. Trump on all but two days in the last two months,” the Times wrote in an introduction to the piece.
Mirroring polling, the data showed an erosion in support for Trump among college-educated households earning $100,000 or more, something that may be hurting the GOP up and down the ballot.
“In ZIP codes with a median household income of at least $100,000, Mr. Biden smashed Mr. Trump in fund-raising, $486 million to only $167 million — accounting for almost his entire financial edge,” wrote the Times.
Biden led Trump among lower income voters by around $20 million, according to the report.
The paper found that the Biden edge surged after the addition of Sen. Kamala Harris to the Democratic ticket.
Last week, the firm Medium Buying reported Trump was canceling ad buys in Wisconsin; Minnesota, which Trump had hoped to flip; and Ohio, which went for Trump in 2016 but now appears to be a tight contest.
It’s a reversal from May, when Biden’s campaign was strapped for cash and then Trump Campaign Manager Brad Parscale ominously compared the Trump campaign to a “Death Star” that was about to “start pressing FIRE for the first time.”
The ad campaign unrolled over the late spring and early summer cost over $176 million but did little to dent Biden’s lead in public opinion polling, and Parscale was replaced over the summer by Bill Stepien, who has largely focused the campaign on a handful of key swing states.
To see how much money poured into the campaigns from your zip codes, visit the map on the New York Times website.
2020 ELECTION COVERAGE
- Trump ally, former NJ governor Chris Christie: president's election fraud claims are a 'national embarrassment'In an interview on Sunday, former New Jersey Governor and frequent Trump aide Christie condemned the Trump team's challenges against the victory of president-elect Joe Biden as "a national embarrassment."
- President Donald Trump’s campaign has requested a recount of votes in the Georgia presidential race, a day after state officials certified results showing Democrat Joe Biden won the state.
- Georgia’s top elections official on Friday certified results showing Democrat Joe Biden won the presidential race in the state after a hand tally stemming from a mandatory audit affirmed the Democrat’s lead over Republican President Donald Trump.
- Fighting to challenge an election he lost to President-elect Joe Biden, Trump has launched a barrage of lawsuits across the country. Top Republicans have stood behind him and said they will wait for those cases to be resolved before officially recognizing the winner, a standard that has no modern precedent.
- WILMINGTON, Del. (NEXSTAR/AP)- President-elect Joe Biden and Vice President-elect Kamala Harris held a news conference Thursday afternoon after meeting with the National Governor Association's leadership team. The National Governor Association's leadership team is comprised of five Republicans and four Democrats. According to the Associated Press, all of the Democrats and a majority of the Republicans […]
- Democratic Party officials in Virginia sent a letter Thursday to Richmond's Electoral Board calling for the resignation of the city's general registrar, J. Kirk Showalter, or for the board to dismiss Showalter over her handling of the 2020 election.
- A divide has begun to emerge among Democrats between the progressive and moderate wings of the party, stemming from a disappointing election performance.
- SAVANNAH, Ga. (AP) — When Gov. Brian Kemp won election two years ago, he pushed back forcefully against an outcry from Democrats who accused him of suppressing voter turnout to improve his odds of winning. “Look, we have laws on the books that prevent elections from being stolen from anyone,” Kemp, who oversaw that election […]
- Virginia's election results were certified Wednesday during a brief state Board of Elections meeting, two days after they were initially scheduled to be finalized.
- In normal times, the certification of election results is a routine process that doesn’t get much attention. But these are not normal times. As part of an ongoing series of attacks on the integrity of the election, President Donald Trump and his Republican allies are trying to stop the formal certification of results in some […]