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In America's Most Unequal City, Top Households Rake In $663,000

From bnnbloomberg.ca

Atlanta is the capital of U.S. inequality for the second year in a row, according to a Bloomberg analysis of large American cities with a population of at least a quarter-million. Atlanta’s average income for the top 5% of households exceeded $663,000 while families in the bottom half of the population earned less than $65,000 -- a ratio of 10.2 to 1. Nationwide, the ratio was 6.7. Bloomberg measured the distribution of household income in 87 cities using 2018 data from the U.S. Census Bureau’s American Community Survey. Atlanta earns the title of inequality capital with a Gini coefficient of 0.57, followed by Miami, ... (full story)

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