Where does your state stand on income inequality?
Posted by Charles II on November 17, 2012
4 Responses to “Where does your state stand on income inequality?”
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Phoenix Woman said
And Minnesota’s one of the better states in that regard. New York’s the worst.
Charles II said
Not even close. New York is fifth in income inequality.
Phoenix Woman said
Ah, and New Mexico’s the worst, using those stats. But I’ve also seen New York called the worst, here: http://xfinity.comcast.net/slideshow/finance-stateswithworstincomeinequality/new-york/
Charles II said
I see. Gini coefficient (in your 24/7 Wall Street link) vs. ratio of top and bottom quintiles (CBPP).
Gini is more widely used, but harder to conceptualize. Strangely, the worst state per CBPP is not even on the top 10 of the 24/7 Wall Street list. Here’s a complete Gini list. And worst of all is not even a state. It’s the District of Columbia.