While the U.S. economy is the wealthiest globally with a $27.4 trillion GDP, significant income inequality remains, with 12.5% of Americans living below the poverty line.
The Gini coefficient has improved by 2.4% between 2008 and 2023, indicating that income inequality is being addressed, yet the U.S. still struggles with deep wealth disparities.
Despite housing 22 million millionaires, the U.S. faces entrenched economic insecurity, especially in areas affected by industrial decline, revealing stark contrasts in wealth distribution.
In identifying the poorest counties across states, it becomes apparent that both urban and rural communities suffer from high poverty rates and low median household incomes.
Collection
[
|
...
]