Income Inequality Rankings By State

New hampshire places second in this subcategory followed by kentucky maryland and oregon.

Income inequality rankings by state. Forty five states have regressive tax systems that exacerbate income inequality. Table 1 presents data by state for 2013 on the average income of the top 1 percent of families the average income of the bottom 99 percent and the ratio of these values. Nationally the numbers were 1 32 million for the top 1 and 50 107 for the bottom 99 a ratio of 26 3 to 1. The gini coefficient is a measure of inequality of incomes or sometimes wealth across individuals.

States territories and the district of columbia by income. New york has the greatest income inequality in the united states. The top 1 percent captured half or more of all income growth in nine states. Detailed historical tables showing selected measures of household income dispersion are included in the appendix of this report.

As with all tables in this report figures are in 2014 dollars. In 2015 the average income of the top 1 was 2 2 million and the average income of the bottom 99 was 49 617. Income inequality is a growing issue not only in the u s but across the globe. In the us southern states and high population states tend to have the worst levels of income inequality.

In most states state and local tax systems worsen inequality. The text of the report includes a summary table of the major income distribution measures. Income inequality has risen in every state since the 1970s and in most states it has grown in the post great recession era. Each year the census bureau updates its income inequality statistics in the income and poverty in the united states p 60 report.

A score of 0 on the gini coefficient represents complete equality i e every person has the same income. A score of 1 would represent complete inequality i e where one person has all the income and others have none. Map of states by median household income in 2014. From 2009 to 2015 the incomes of the top 1 percent grew faster than the incomes of the bottom 99 percent in 43 states and the district of columbia.

Income inequality across the states metropolitan areas and counties in 2013. Explore more about the best states for equality below. This is a list of u s. When tax systems rely on the lowest income earners to pay the greatest proportion of their income in state and local taxes gaps between the most affluent and the rest of us continue to grow.

In 2015 a family in the top 1 percent. Vermont ranks first in the nation for equality. Income inequality measures the gap between the richest people and the rest of the population.