Researchers at the Economic Policy Institute looked at tax return data to analyze the average income of the top 1% as compared to the average income of the bottom 99%.
In the report, researchers looked at 2015 tax return data to analyze the average income of the top 1% and the bottom 99% of a population, broken down by state, metropolitan area, and county.
As compared to the commonly used Gini coefficient measure of inequality, EPI's measure captures very high incomes better because, as the report notes,"it represents all the taxable income people earn in market transactions, such as the income earned from working for a wage or salary at a job, through interest on a savings account, or from selling a financial asset for more than its purchase cost .
The report found that the most unequal metro area in America is the resort town of Jackson, Wyoming, where the average income of the top 1% is more than $16.1 million, and the average income of the bottom 99% is $122,447.Below, Business Insider has ranked the 13 most unequal metro areas in the US, based on the EPI report, including the average income of the top 1%, the average income of the bottom 99%, and the top-to-bottom ratio.
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