The average debt for the top 5% of Americans sits at about $600,000, he said, while the average debt for the vast majority of Americans is roughly $74,000. "That's about a nine times difference ...

The group’s analysis of a range of public and private data found that income inequality in the region soared 44% between 2010 and 2023, as median household earnings climbed to $154,100 a year ...

The novel coronavirus pandemic has only exacerbated income inequality, experts say, stretching the racial wealth gap in the United States and making the richest wealthier while leaving many of the ...

The World Bank paper titled The World Bank’s New Inequality Indicator gives a way of converting consumption Gini to income Gini and vice versa. The Bank estimated that the average ratio of ...

Charts of top-income shares appear to confirm the story: since 1980, the top one percent’s slice of pretax income has surged, especially in the United States and the United Kingdom. Add the ...

That disparity isn’t good for our well-being—and not just for economic reasons. Income inequality also makes people unhappier, overall, because living in an unfair society means losing trust in others ...

It brings together income data across all households, typically divided into groupings of 10% or 20% of the total. When there is no inequality of incomes between groups, Gini equals zero.

The big picture: In 2023, the national median sales price for existing single-family homes was 4.9 times the median household income, researchers from Harvard's Joint Center for Housing Studies found.

Social inequality is bad for business. In an ideal world, we’d tackle social inequality just because it’s the right thing to do. But sometimes we can’t agree “on the right thing ...

They’re not able to recoup those wages and that’s where you see falling incomes.” The disparity in wages is also evident in rural parts of the state. In the 2000s, the growth pattern changed and ...

We compare household income panel data from China, Germany, the United Kingdom, and the United States. Consistent with previous research, we show that income is more unequally distributed in China ...