Us Income Inequality Index
Cbo reported that the share of after tax income received by the top 1 peaked in 2007 at 16 6.
Us income inequality index. 41 4 of americans are classified as low income or low income families. The nationwide protests following the death of a black man george floyd at the hands of white police officers has once again shone a spotlight on the long standing racial divide in the us. The gini coefficient incorporates the detailed shares data into a single statistic which summarizes the dispersion of income across the entire income distribution. The household income gini index for the united states was 45 6 in 2009 and 45 4 in 2015 indicating a reduction in inequality during that time.
The top 1 earns forty times more than the bottom 90. The gini index is a summary measure of income inequality. In 2019 the number of employed americans rose by 267 000. Income inequality in the us last year reached its highest level in more than half a century.
In the united states the top 10 receive more than 50 of total income. Multidimensional poverty index children population ages 0 17 scale 0 1 poverty headcount ratio at 5 50 a day 2011 ppp of population multidimensional poverty headcount ratio household of total households. From 2000 to 2018 the average salary for workers in america rose only 17. Us income inequality statistics editor s choice.
The united states could improve income inequality with employment training and investing in education.