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slides: Worcester Has 2nd Worst Income Equality in MA

Wednesday, September 26, 2018

 

Worcester

The City of Worcester is one of the worst places for income equality in Massachusetts.

According to HomeArea.com, Worcester has the second worst income equality in the state out of 14 ranked cities.

Worcester is ranked ahead of only Boston.

“When discovering a place to call home, income equality (or inequality) should be an important factor included in your decision.  As we see on the national stage, income inequality is dividing our nation.  If it exists in your hometown, it may not be a harmonious place to live.  It could lead to tension and even crime,” says HomeArea.

The Method

HomeArea.com created the 14 Massachusetts Cities with the Best Income Equality based on the newly released Census Bureau data of cities with a population of 60,000 or more. 

Income inequality is measured on a scale from 0 to 100 using the Gini Coefficient. Lower values indicate that household income is more evenly distributed on a pre-tax basis.

In the U.S., it typically falls in the range of 30-65. Other countries range from high inequality like in Brazil (50s) to high equality like in Sweden (30s).

See the Rankings in the Slideshow Below

 

Related Slideshow: 14 Massachusetts Cities with the Best Income Equality - 2018

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14.

Boston 

Household Income Inequality: 54.3

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13.

Worcester 

Household Income Inequality: 50.7 

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12.

Cambridge 

Household Income Inequality: 49.7 

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11.

Springfield 

Household Income Inequality: 48.6 

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10.

Lowell 

Household Income Inequality: 48.5 

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9.

Fall River 

Household Income Inequality: 48.5

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8.

New Bedford 

Household Income Inequality: 48.4

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7.

Lynn 

Household Income Inequality: 48.1 

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6.

Somerville 

Household Income Inequality: 46.4 

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5.

Framingham 

Household Income Inequality: 46.4

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4.

Lawrence 

Household Income Inequality: 46.2

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3.

Quincy 

Household Income Inequality: 45.9

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2.

Newton 

Household Income Inequality: 45.1

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1.

Brockton 

Household Income Inequality: 42.2

 
 

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