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24/7 Wall St.: States with the Widest Gap Between the Rich and Poor

3. Louisiana

Gini coefficient: 0.4836
Median household income: $41,734 (7th lowest)
Households earning $200,000+: 3.5% (17th lowest)
Population living below poverty line: 20.4% (3rd highest)

The percentage of households below the poverty line shot up to 20.4% in 2011, the third-highest percentage in the country, from 18.7% in 2010, the sixth-highest rate that year. Households earning less than $10,000 grew to 7.7% in 2011, the second-highest in the country. In 2010, it was 6.2% — sixth-highest at the time. This happened even as the unemployment rate in Louisiana dropped to 5.6% in 2011 from 6.2% in 2010, indicating job growth primarily at the lower-end of the wage spectrum. East Carroll Parish, located in the northeast corner of the state, had the highest income inequality of all counties in the U.S., according to a Feb. 2012 report from the U.S. Census Bureau looking at data from 2006-2010.


More From 24/7 Wall St.:
States with the Highest (and Lowest) Taxes
10 Cities with the Hottest Housing Markets
10 Brands Losing the Most Value

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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