Income inequality in the report is measured as the ratio between homes in the 95th and 20th percentiles. (Those earning more than 95 percent of all others and those earning more than 20 percent of all others.) Nationally, a household in the 20th percentile earned $20,968 in 2012. In the 50 largest cities, it earned nearly $3,000 less. At the other end of the spectrum, a 95th percentile household earned $191,770 nationally and about $4,500 more in big cities.
Friday, February 21, 2014
US Inequality
Income inequality in the report is measured as the ratio between homes in the 95th and 20th percentiles. (Those earning more than 95 percent of all others and those earning more than 20 percent of all others.) Nationally, a household in the 20th percentile earned $20,968 in 2012. In the 50 largest cities, it earned nearly $3,000 less. At the other end of the spectrum, a 95th percentile household earned $191,770 nationally and about $4,500 more in big cities.
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