The income gap in New York City is significant, but according to data from the Gini index, which evaluates cumulative family incomes, it ranks only #21 on a list of "most unequal" cities in America. Bloomington, IN, clocks in at #1, with the top quintile earning 60.6% of the income and the top five percent earning 28.7%. Naturally, commenters are having a field day, as the statistics don't seem to factor in university towns where a large percentage of student residents pull down employment figures. [Business Insider]
Filed under: