Places in the US With the Most Income Inequality

Every city has an economic divide, but the gap is more striking in some parts of the country than others. In many cases, residents in the top and bottom income brackets reside in the same area, but that’s where the similarities end.
GOBankingRates analyzed the 100 largest U.S. metro areas to identify the most unequal cities based on several economic factors.
Click through to see the cities with the worst income inequality.
19. New Orleans
Average income of the top 1%: $961,042Average income of the bottom 99%: $44,025Median income of the wealthiest neighborhood: $105,710.13Median income of the poorest neighborhood: $16,604.19
Although the New Orleans economy has been on the rise since 2009, not everyone is reaping the benefits of growth in the region. To live comfortably in this city, residents need to earn approximately $70,000 a year, found GOBankingRates’ 2018 Cost of Living Comfortably in the 50 Biggest U.S. Cities study. The top 1 percent earn an average of $961,042, but the bottom 99 percent earn less than $45,000, on average.
18. Atlanta
Average income of the top 1%: $1,025,362Average income of the bottom 99%: $48,356Median income of the wealthiest neighborhood: $108,463.53Median income of the poorest neighborhood: $17,118.26
A major business hub, Atlanta is home to many large corporations — Coca-Cola, UPS and Delta Air Lines, to name a few. Atlanta is also the wealthiest zip code in Georgia. The average income of the top 1 percent is more than $1 million, and the bottom 99 percent earn less than $50,000 a year, on average.
17. Fayetteville-Springdale-Rogers, Ark.
Average income of the top 1%: $1,594,106Average income of the bottom 99%: $48,151Median income of the wealthiest neighborhood: $81,607Median income of the poorest neighborhood: $23,375
Despite having an unemployment rate consistently lower than the national average, the income disparity in the Fayetteville-Springdale-Rogers area is stunning. However, it’s one of the best places to live in the U.S. in 2018, according to U.S. News & World Report.
16. Los Angeles-Long Beach-Anaheim, Calif.
Average income of the top 1%: $1,455,805Average income of the bottom 99%: $48,492Median income of the wealthiest neighborhood: $113,645.9Median income of the poorest neighborhood: $29,145.62
With an average income of nearly $1.5 million among the top 1 percent, some residents of the Los Angeles-Long Beach-Anaheim area are living the Hollywood dream. And homeowners could really cash in on their properties in this metro area, which is home to some of the best cities to own a home 20 years ago, found a separate GOBankingRates study that identified potential returns on real estate investments.
15. North Port-Sarasota-Bradenton, Fla.
Average income of the top 1%: $1,353,983Average income of the bottom 99%: $38,921Median income of the wealthiest neighborhood: $92,560Median income of the poorest neighborhood: $23,368
The North Port-Sarasota-Bradenton area has maintained an unemployment rate consistently lower than the national average, so the wage gap — not the lack of jobs — might be the issue.
14. Santa Fe, N.M.
Average income of the top 1%: $1,410,235Average income of the bottom 99%: $46,590Median income of the wealthiest neighborhood: $102,614Median income of the poorest neighborhood: $9,516
Santa Fe’s top earners are paid more than 30 times the average annual salary of the rest of the city’s workers.
13. Las Vegas
Average income of the top 1%: $1,459,955Average income of the bottom 99%: $35,895Median income of the wealthiest neighborhood: $91,851Median income of the poorest neighborhood: $25,938
In a city hit hard by the recession, home prices and construction activity are still below peak levels, but Bloomberg predicts Las Vegas is on the brink of an economic boom. This could help reduce the income gap between the richest and poorest neighborhoods.
12. Trenton, N.J.
Average income of the top 1%: $1,632,830Average income of the bottom 99%: $60,245Median income of the wealthiest neighborhood: $147,778Median income of the poorest neighborhood: $14,145
Those living in the wealthiest Trenton neighborhoods enjoy a comfortable lifestyle, while residents in the poorest areas are living well below the poverty line — $25,100 for a family of four in 2018, according to the U.S. Department of Health and Human Services.
11. Reno, Nev.
Average income of the top 1%: $1,332,600Average income of the bottom 99%: $39,726Median income of the wealthiest neighborhood: $143,804Median income of the poorest neighborhood: $24,722
On average, the top 1 percent of Reno earners bring in over 33 times more than those in the bottom 99 percent.
10. Boston
Average income of the top 1%: $1,963,545Average income of the bottom 99%: $64,135Median income of the wealthiest neighborhood: $168,690Median income of the poorest neighborhood: $32,851
Even though Boston’s bottom 99 percent earn more on average than the annual mean wage for all U.S. workers — $50,620 as of May 2017, according to the Bureau of Labor Statistics — the top 1 percent earn over 30 times more.
9. Dallas
Average income of the top 1%: $1,332,359Average income of the bottom 99%: $53,692Median income of the wealthiest neighborhood: $194,517.48Median income of the poorest neighborhood: $20,643.65
The average income of Dallas’ top 1 percent is a jaw-dropping 64.5 times that of the median income of those living in Five Mile Creek, the city’s poorest neighborhood.
8. Cape Coral-Fort Myers, Fla.
Average income of the top 1%: $1,344,847Average income of the bottom 99%: $40,169Median income of the wealthiest neighborhood: $172,981Median income of the poorest neighborhood: $17,941
It’s safe to assume life in Captiva, the richest neighborhood in the Cape Coral-Fort Myers metro area, is very different from Pine Manor, the poorest section.
7. San Francisco-Oakland-Hayward, Calif.
Average income of the top 1%: $2,168,628Average income of the bottom 99%: $70,994Median income of the wealthiest neighborhood: $239,886Median income of the poorest neighborhood: $35,288
The most notable wealth statistic of the San Francisco-Oakland-Hayward area is that the bottom 99 percent earn an average of $70,994.
6. Houston
Average income of the top 1%: $1,691,321Average income of the bottom 99%: $59,161Median income of the wealthiest neighborhood: $250,000Median income of the poorest neighborhood: $12,500
Residents in Bunker Hill Village, Houston’s richest neighborhood, earn a jaw-dropping 20 times more than those in Dayton Lakes, the city’s poorest area.
Related: African-American Households Are Getting Richer in These U.S. Cities
5. Naples-Immokalee-Marco Island, Fla.
Average income of the top 1%: $4,191,055Average income of the bottom 99%: $57,258Median income of the wealthiest neighborhood: $102,997Median income of the poorest neighborhood: $11,386
It’s hard to believe top earners in the Naples-Immokalee-Marco Island metro area bring in nearly $4.2 million per year, while those living in the poorest neighborhoods are below the poverty line of $12,140 for a household of one in 2018, according to the U.S. Department of Health and Human Services.
4. Port St. Lucie, Fla.
Average income of the top 1%: $1,393,985Average income of the bottom 99%: $36,015Median income of the wealthiest neighborhood: $250,000Median income of the poorest neighborhood: $23,125
They’re located just 20 miles apart, but life on Jupiter Island, Port St. Lucie’s richest neighborhood, is no doubt very different from Ocean Breeze Park, the city’s poorest section.
3. Miami
Average income of the top 1%: $1,789,754Average income of the bottom 99%: $39,778Median income of the wealthiest neighborhood: $250,000Median income of the poorest neighborhood: $20,338
More than 20 percent of Miami-Dade County’s population lives below the poverty rate, according to 2016 research conducted by Florida International University’s Metropolitan Center. This serves as a stark contrast to the nearly $1.8 million average annual salary brought in by the city’s top earners.
2. Sebastian-Vero Beach, Fla.
Average income of the top 1%: $2,519,981Average income of the bottom 99%: $39,710Median income of the wealthiest neighborhood: $217,375Median income of the poorest neighborhood: $27,239
Residents of Windsor, the richest neighborhood in the Sebastian-Vero Beach metro area, earn annual salaries nearly eight times that of those living in Fellsmere, the region’s poorest section.
1. Bridgeport-Stamford, Conn.
Average income of the top 1%: $6,061,230Average income of the bottom 99%: $82,222Median income of the wealthiest neighborhood: $205,688Median income of the poorest neighborhood: $41,050
The average income of the bottom 99 percent in the Bridgeport-Stamford metro area is a notably high $82,222 per year — over 60 percent more than the average U.S. salary of $50,620. Considering top earners pull in nearly 74 times that of the bottom earners an annual basis, it’s not surprising this region has the largest income disparity in the U.S.
Several Florida Cities Display Wealth Inequality
Florida has the most unequal cities of any state, claiming four of the top five, and six overall. A major factor is the wealthy retirees living near much poorer neighborhoods and towns within the metro areas.
Areas like Bridgeport-Stamford in Connecticut — which earned the top spot on the list — and San Francisco-Oakland-Hayward in California stood out because disparities in wealth are immense, but the incomes of the bottom 99 percent of residents are comparatively high.
Click through to find out how you stack up to the incomes in your state.
To identify the U.S. areas most divided by wealth, GOBankingRates analyzed the 100 largest metro areas in the country according to four factors: (1) average income of the top 1 percent; (2) average income of the bottom 99 percent, sourced from the Economic Policy Institute; (3) median household income of the wealthiest city in the metro area; and (4) median household income of the poorest city in the metro area, sourced from the U.S. Census Bureau. Metro areas were scored and ranked based on the four factors.
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