This map shows the U.S. cities with the greatest income inequality. (via CNBCMakeIt)
Income inequality is greater on the coasts and in the South than it is in the Midwest, according to aUsing data from the U.S. Census Bureau, the report looks at the ratio of earnings for those in the 90th percentile of wage distribution compared to the 10th percentile in cities around the country.
can be attributed to the "local effects" of technological change and globalization over the past few decades, according to the report, requiring a large number of highly-skilled workers. "In places like these, wages for skilled workers toward the top of the wage distribution have increased significantly relative to those at the middle and bottom, resulting in relatively high levels of wage inequality," reads the report.
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