Cities with the Widest Gap Between the Rich and Poor
The American middle class is shrinking. According to a report released earlier this year, an estimated 51% of the population was in the middle class at the start of the decade, down from 61% forty years earlier. It also appears that even as the economy recovers, jobs are being added for low-wage positions much faster. Despite economic growth in the United States, income inequality appears to be worsening nationwide. The gap between the wealthy and the poor varies across the country. Some areas have much more extreme poverty, extreme wealth or both, and very little in between. As of 2012, Sebastian and Vero Beach, Fla., had the highest level of income inequality in the country. These are the cities with the widest gap between the rich and poor.