How Income Inequality in California Compares to Other States – GV Wire

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How Income Inequality in California Compares to Other States

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By News

Published 3 years ago on

November 10, 2021

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The United States has some of the highest levels of income and wealth inequality in the world. In addition, based on the Gini coefficient, a measure of income inequality based on the distribution of income across a population, income inequality varies considerably from state to state.

The Gini coefficient is a scale from 0 to 1 — 0 representing perfect equality and 1 representing the highest possible level of inequality. Nationwide, the Gini coefficient stands at 0.481.

The Gini coefficient in California is 0.487 — higher than the national average and fifth highest among all 50 states.

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