Nationwide, the income gap could be more accurately described as a chasm: at $1,153, 293, the average yearly income of the top 1 percent of earners is 25.3 times that of the bottom 99 percent, who bring in $45,567.
But a new report from the Economic Policy Institute—the the first to include data at the metropolitan and county level—found that in nine states, 54 metro areas, and 165 counties, those numbers are even more disparate.
The problem is a national one. While New York is the most unequal state, the Jackson metropolitan area, which spans Wyoming and Idaho, shows the greatest disparity at that level: there, the top 1 percent in 2013 earned an average income 213 times that of the bottom 99 percent.
[For more of this story, written by Ellie Anzilotti, go to http://www.citylab.com/politic...equality-gap/487478/]
Comments (0)