Miami might be the most unequal big city in the nation, but Atlanta's right behind the "Magic City," according to Bloomberg's latest ranking on the 10 most unequal cities in America.
Bloomberg—a financial software, data analysis and media company—examined cities with populations of at least 250,000 based on the Gini coefficient, which measures the distribution of household income. Analysts used 2015 data from the U.S. Census Bureau's American Community Survey for the ranking.
A score of zero on the Gini scale would indicate complete economic equality within a community, meaning every resident would have the same annual income. A score of 1 would indicate a sign of total inequality, meaning one person would have all the money.
Photos: 10 U.S. cities with the greatest gaps in income equality
The city with the biggest gap between the rich and poor—Miami—scored 0.58 on the index, and Atlanta and New Orleans followed closely behind.
Atlanta also ranked second last year, behind New Orleans.
Here are the top 10 most unequal big cities in the U.S. in 2016, according to Bloomberg:
- Miami, Florida
- Atlanta, Georgia
- New Orleans, Louisiana
- New York, New York
- Dallas, Texas
- Boston, Massachusetts
- Tampa, Florida
- Cincinnati, Ohio
- Pittsburgh, Pennsylvania
- Washington, D.C.
Learn more about the Bloomberg study and its methodology.
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