Income Inequality U.S. Cities with Biggest Income Gap

Income Inequality U.S. Cities with Biggest Income Gap Sure enough, the rich keep getting richer. In fact, a new report indicates that the income gap between rich and middle-class workers has grownâ€"in many cases, at an astonishing paceâ€"in nearly every major U.S. city in recent years. According to Census data crunched by Bloomberg, the gap between America’s wealthiest households (the top 5 percent of income earners) and middle-class ones (the middle-20 percent) grew in 96 of the 100 largest American metropolitan areas between 2010 and 2015. For the U.S. as a whole, this gap widened by $58,800 from 2010 to 2015. As of 2015, someone in the top 5 percent of earners was making an average of $308,600 more than a counterpart in the middle-class. Here are the 10 cities with the biggest changes in their upper- versus middle-income gaps. In some cases, income inequality has grown so swiftly that the gap now measures around $500,000 or more: San Francisco: $142,300 (Size of 2015 gap: $492,00) San Jose: $122,100 (Size of 2015 gap: $468,600) Grand Rapids: $99,300 (Size of 2015 gap: $282,800) Austin: $97,100 (Size of 2015 gap: $357,900) Des Moines: $90,500 (Size of 2015 gap: $293,800) Seattle: $85,200 (Size of 2015 gap: $344,600) Bridgeport: $81,300 (Size of 2015 gap: $691,700) Charleston: $80,100 (Size of 2015 gap: $302,800) Denver: $80,000 (Size of 2015 gap: $347,100) Dallas: $77,700 (Size of 2015 gap: $344,000) The gap also widened between the top 20 percent and bottom 20 percent households in all 100 metropolitan statistical areas. Here, the gap widened by $29,200, and now measures $189,600. Read the full story on Bloomberg.com.