THERIGHTFACTS.ORG

The Data that Drives Policy Lives Here.

INCOME INEQUALITY DECLINED UNDER CURRENT ADMINISTRATION

KEY POINTS: The U.S. Census Bureau released data on income inequality and poverty in 2019. One metric that economists use to measure income inequality is the Gini Coefficient where a higher value indicates more inequality. The chart above compares the change in the Gini Coefficient between 2008 and 2016 against the change from 2016 to […]

Read More

REAL MEDIAN INCOME ROSE BY A RECORD 6.8% IN 2019

KEY POINTS: Real median income rose by 6.8%, or $4,400, to $68,700 in 2019. This was the largest increase in real median household income on record. Median household income grew by 5.9% for White Americans, 7.1% for Hispanic Americans, 7.9% for African Americans, and 10.6% for Asian Americans. Since 2019, median household income has risen […]

Read More

Income inequality falls in 2018

Analysis: The Gini index, a measure of income inequality, fell 0.7 percent in 2018. This indicates that the level of wealth inequality has declined. Economist Corner: The Gini index is a statistical measure of income inequality where 0 indicates all households having the same share of income and 1 indicates one household has all the […]

Read More