The gap between rich and poor just keeps growing and growing with each day. The wealthy get more wealthy, the middle class struggles to save their homes and the poor wonder how they are going to feed their children at night. 24/7 Wall Street has picked the ten states with the greatest gap between rich and poor.
Here are the top five and the site has the remaining five.
1. New York
- Gini coefficient: 0.5033
-Median household income: $55,246 (16th highest)
-Households earning $200,000+: 8.0% (6th highest)
-Population living below poverty line: 16.0% (21st highest)
2. Connecticut
- Gini coefficient: 0.4859
- Median household income: $65,753 (4th highest)
- Households earning $200,000+: 11.2% (the highest)
- Population living below poverty line: 10.9% (5th lowest)
3. Louisiana
- Gini coefficient: 0.4836
- Median household income: $41,734 (7th lowest)
- Households earning $200,000+: 3.5% (17th lowest)
- Population living below poverty line: 20.4% (3rd highest)
4. New Mexico
- Gini coefficient: 0.4821
- Median household income: $41,963 (8th lowest)
- Households earning $200,000+: 3.4% (tied for 15th lowest)
- Population living below poverty line: 21.5% (2nd highest)
5. California
- Gini coefficient: 0.4812
- Median household income: $57,287 (10th highest)
- Households earning $200,000+: 7.8% (7th highest)
- Population living below poverty line: 16.6% (18th highest)
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