Income Inequality By Us County

In 2015 a family in the top 1 percent.

Income inequality by us county. Each year the census bureau updates its income inequality statistics in the income and poverty in the united states p 60 report. Income inequality has risen in every state since the 1970s and in many states is up in the post great recession era. 40 41 census. 39 we used the 90th 10th percentile share ratio as our measure of income inequality which is simply the ratio of the share of household income held by the top 10 of households divided by the share of household income held by the bottom 10.

What this report finds. The most equitable distribution of income was in loving county tex the nation s least populous county with fewer than 100 residents with a gini value of 0 207. Income from black market economic activity is not included. County level data on household income inequality were obtained from the 1990 us census.

For comparison the value for the united states as a whole was 0 467. Income inequality is a ratio. Income inequality has risen in every state since the 1970s and in most states it has grown in the post great recession era. The gini coefficient is a measure of inequality of incomes or sometimes wealth across individuals.

Detailed historical tables showing selected measures of household income dispersion are included in the appendix of this report. Income inequality is defined by gini index between 0 and 1 where 0 corresponds with perfect equality and 1 corresponds with absolute inequality. Income inequality is the ratio of household income at the 80th percentile to that at the 20th percentile i e when the incomes of all households in a county are listed from highest to lowest the 80 th percentile is the level of income at which only 20 of households have higher incomes and the 20 th percentile is the level of income at which only 20 of. This is a list of countries or dependencies by income inequality metrics including gini coefficients the gini coefficient is a number between 0 and 1 where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the income and everyone else has no income.

The county with the highest inequality was east carroll parish la with a gini index value of 0 645. The top 1 percent captured half or more of all income growth in nine states. A score of 0 on the gini coefficient represents complete equality i e every person has the same income. This is a list of countries ranked by income inequality among individuals or households.

In 24 states the top 1 percent captured at least half of all income growth between 2009 and 2013 and in 15 of those states the top 1 percent captured all income growth. A score of 1 would represent complete inequality i e where one person has all the income and others have none. The text of the report includes a summary table of the major income distribution measures.