Income Disparity By City
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Income disparity by city. Using data from the u s. Cities experiencing the largest growth in income inequality currently according to the latest census bureau data the u s. Atlanta now takes the crown as the city with the greatest income disparity in america surpassing miami after a two year reign in the top spot according to a bloomberg analysis. The most unequal developed cities in 2016 were miami frankfurt and houston.
Indeed of the 20 most unequal cities ranked according to their palma ratios 16 were found in the aforementioned two regions in 2016. The country has a gini coefficient of roughly 0 53. Bloomberg ranked large cities those with populations of at least 250 000 based on the gini coefficient as calculated by the u s. Income inequality is greater on the coasts and in the south than it is in the midwest according to a new report from the new york federal reserve.
Cities with the largest income inequality gaps atlanta miami and new orleans are among the major cities that wrestle with high rates of income inequality according to new census data. Overall has a gini coefficient of 0 4815.