America’s Big Cities Are Inequality Hot Spots

Study shows income inequality in big cities is significantly higher than in the country as a whole

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Incoming inequality in the United States is greatest in the country’s big cities, according to a new study of what’s increasingly become a hot-button issue in local and national politics.

The big city with the highest level of income inequality in the U.S.—measured by the distance between the incomes of the wealthiest five percent and the poorest 20 percent—is Atlanta, Ga., according to the Brookings Institution study. The richest five percent earn more than $280,000 in Atlanta, while the poorest 20 percent make less than $15,000. San Francisco is next on the incoming inequality list, followed by Miami, Boston and Washington, D.C.

In some cities, like San Francisco, growing income inequality is due primarily to skyrocketing incomes for the wealthiest residents. But in most places, the biggest changes have happened on the other end of the spectrum, as incomes at the bottom have stagnated as the recession and housing crisis gutted opportunities for the poorest Americans. Such is the case in Miami, which scores highly in the inequality index not because of the pockets of very wealthy residents that remain in the city, but because its poor residents have exceptionally low incomes, the third-lowest among America’s 50 largest cities, at $10,000.

While income inequality has soared in some cities since the Great Recession, that trend hasn’t been uniform for all cities, the study notes—in other words, income inequality in America’s cities is not solely a product of the Great Recession. And contrary to the image conjured by San Francisco, on the whole tech hubs have actually done slightly better than other cities at holding back the tide of growing income inequality across the country. As the Progressive Policy Institute notes, income inequality actually increased at a slower rate in tech hubs than in non-tech hubs in Brookings study, and two tech hubs (Denver and Seattle) actually saw a decrease in income in equality in recent years compared to just one non-tech hub (El Paso).

The five cities with the lowest level of income inequality are Colorado Springs; Wichita, Kan.; Las Vegas; Mesa, Ariz.; Arlington, Texas; and Virginia Beach.

3 comments
xionxxxx
xionxxxx

Wonder why Denver and Seattle have had decreased income inequality in recent years?  It's cause of the WEED INDUSTRY BOOM!!!  Because the Marijuana Industry creates so many good paying jobs, the Government is reconsidering it's stance on banning the substance like it has for the past 100 years.  We are in the height of the Prohibition Era ladies and gentlemen, the Federal Government has become too corrupt for it's own good as it's been throwing non-violent drug offenders into prisons for long periods of time all while keeping the Drug Wars ongoing and allowing the Private Prison Corporations to make Billions $$$ off this scheme which is going to cost taxpayers Trillions $$$ for the next decade.


The main cause of income inequality is the Government financing Crony Capitalism and Corporatism and using our taxpayer dollars to subsidize corporate profits and Wall St., it is not Free Market Capitalism, if it truly were Free Market Capitalism then income inequality would not be as high as it is now and the American Dream would be within reach.

GuoLiang
GuoLiang

There would be any cities if not for "inequality". The city is the triumph of civilization, the best of the best. Stop pitying the losers.

SallyBethEdelstein
SallyBethEdelstein

With  income inequality becoming the defining issue in this country today, a look at the  the stark division seen in vintage Depression era advertising seems oddly familiar.As banks were failing, home evictions seem oblivious to the crumbling economy around them rising, and breadlines at soup kitchens lengthening, winter meant only one thing to those with deep pockets- a winter vacation as ads for winter cruises, ski vacations ran along side ads for budget saving meals.
While  rampant unemployment and poverty became more and more common the wealthy lived in a world that remained insular arrogant and out of touch. Sound familiar? Take a look http://wp.me/p2qifI-23J

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