: 0.5033 Median household income
: $55,246 (16th highest) Households earning $200,000+
: 8.0% (6th highest) Population living below poverty line
: 16.0% (21st highest)
New York, which had the highest income inequality in 2010, had an even higher inequality in 2011. The 16% of the population living below the poverty line in 2011 increased from 14.9% in 2010 to 16% in 2011. The median income declined by $466 between 2010 and 2011. Meanwhile, the percentage of households raking in at least $200,000 was 8.0% in 2011, virtually unchanged from 2010 and well above the national rate of 5.6%. According to a recent study conducted by Martin Prosperity Institute
, income inequality in the New York City metro area is roughly equivalent to that of Swaziland, a poor sub-Saharan country that has the lowest life expectancy in the world.
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