Pure green shows a Gini coefficient of 0.40.
Pure yellow shows a Gini coefficient of 0.45.
Pure red shows a Gini coefficient of 0.50.
The higher the coefficient, the greater the income inequality.
District of Columbia comes in at a whopping 0.537 (off my scale, not shown).
See Also:
Gini Coefficient
Automation and Inequality
Romney Plan Would Eliminate Some Taxes
Source Data:
2006 American Community Survey (ACS)
This is a little nit-picky because all the GINI scores are so close to .5. However, your statement, "The higher the coefficient, the greater the income inequality." is incorrect.
ReplyDeleteThe correct statement is:
The higher the coefficient, the greater the income EQUALITY.
Anonymous,
ReplyDeleteI said it correctly. You have it backward.
Gini coefficient
The Gini coefficient is a measure of the inequality of a distribution, a value of 0 expressing perfect equality where everyone has equal shares of income and a value of 1 expresses maximal inequality where only one person has all the income.