The Business Journals gathered data on quantifying cities and more than 30,000 other types of geographic areas to study their income inequality. The Census Bureau calculated inequality in all those areas by the Gini index, which measures the distribution of money in a given place.
To show how extreme wealth and poverty can co exist, Assistant News Editor David A. Arnott took a look at the 94108 ZIP code, which contains Chinatown and Union Square in California:
But even so, I’m not sure the socioeconomic gap between the people living and shopping near Union Square and some people living in Chinatown registers as all that amazing, in large part because Chinatown has a history of insularity, and that makes its poverty somewhat less visible to outsiders.
For more information on the most unequal and equal neighborhoods in the country, click over to bizjournals.com.