What Is the Gini Coefficient and How Does It Measure U.S. Income Inequality?
The Gini coefficient is a summary measure of income inequality that ranges from 0, perfect equality, to 1, perfect inequality. In the United States, the Census Bureau reported that income inequality increased in 2021 for the first time since 2011, driven by real income declines at the bottom. The Bureau of Economic Analysis now publishes state-level Gini coefficients, allowing geographic comparisons of income concentration.
