Business
Atlanta Ranks No. 1 for Income Inequality
Atlanta skyline (AP Photo/Mike Stewart)
(Black Enterprise) – Brookings Institution recently revealed a new report comparing cities’ top earning households to their least earning. The report serves as an update to 2014 research exploring income inequality among the nation’s 50 largest cities. The analysis measures the wealth gap between households earning more than 95% of all other households and households earning more than only 20% of all other households.
When it comes to income equality, things aren’t so peachy in Atlanta, Georgia. Based on trends from 2012 to 2013, the most recent data available from the U.S. Census Bureau, the southern city ranked number one with a 19.2% income disparity between it’s highest and lowest earning families.
