Posts Tagged ‘Gini coefficients’
Wisconsin Grows Poorer, More Unequal Relative to Minnesota
Minnesota’s median income grew faster than the national average over the past decade, as noted in part 1 of this series. And while Minnesota income inequality has increased, it has increased less rapidly than the national average. Meanwhile, in Wisconsin, median income growth fell short of the U.S. growth rate and income inequality increased at…
Read MoreMinnesota vs. U.S. Income Trends Since the Great Recession
When it comes to income trends in Minnesota, we’ve got some good news and some bad news. The good news is that income growth in Minnesota has surpassed the national average over the last decade, both in aggregate and within every income group. The bad news is that income inequality has increased over this period,…
Read MoreCounties with Greatest Income Inequality are Also the Poorest
In recent decades, income inequality has increased, both in Minnesota and nationally. New information from the American Community Survey (ACS) shows that U.S. and Minnesota counties with the highest degree of income inequality also have the highest poverty rates and the lowest median incomes, thereby underscoring the devastating impact of income inequality on low- and…
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