In recent decades, income inequality has increased, both in Minnesota and nationally. Minnesota also has significant racial disparities in the criminal justice system. Black residents are more likely to be incarcerated than white residents, and an ACLU report found that Black Minnesotans were five-and-a-half times more likely to be arrested for marijuana possession than white residents — the eighth-worst disparity in the nation. ), compared to $7,113 for the median black household and $8,348 for the median Latino household. The Minnesota Historical Society will be hosting an archive of CityPages.com. 1 In Minnesota, the situation is no better. Under this, a coefficient of 0 would mean total equality, all households having the same income. Though that figure compares favorably with black families in … h޼XkO�H�+�b�l��*� �%��R)�IL�*�SǴ���=�� ��Z���y�{f�;��PHa#��@X'�3��B[#�+%%�@�)J��D�*R���ʉ ����#�v¨Њ Ƣ��X�"T� In economics terms, income inequality is the large disparity in how income is distributed between individuals, groups, populations, social classes, or countries. One recent study from 2015 found that Minnesota ranked last among all states in financial inequality … Minnesota’s median income grew faster than the national average over the past decade, as noted in part 1 of this series. Racial Disparities Racial disparities in education, employment, and income exist and persist for a wide variety of reasons, but the economic challenges and opportunities every region in Minnesota will face over the next 15 years are so great that they will need to be tackled with a multi-pronged approach to attracting, retaining, and training workers of all demographic characteristics. Follow Minnesota Reformer on Facebook and Twitter. Those at the top pull away as middle-class income stagnates. b`e`�b`@ �(���X�30�r�Hx�\�Q} dw40 Graph and download economic data for Income Inequality in Faribault County, MN (2020RATIO027043) from 2010 to 2018 about Faribault County, MN; inequality; MN; income; Prosperity Scorecard; and USA. A new report lists Minnesota among the worst states in America for racial inequality. ... • Median household income for black families was $30,306. Income inequality has risen in the United States in recent decades and Minnesota has been no exception. From 2000 to 2010, Minnesota median income then dropped 24% to $55,099. More than half of Black renters spend at least 30% of their wages on rent, according to the Harvard University Joint Center for Housing Studies. This year saw several big changes. by Rilyn Eischens, Minnesota Reformer June 8, 2020. Income inequality in Minnesota. Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. The median household income in Minneapolis, MN in 2017 was $60,789, which was 12.5% less than the median annual income of $68,388 across the entire state of Minnesota. Minneapolis consistently ranks among the worst racial income inequality in the country. endstream endobj startxref Median household income was $36,000 for Black families in 2018, and $83,000 for white families. Minnesota boasts of its quality of life, but conditions aren’t so ideal for all residents — the North Star state’s racial disparities in education, income and housing are among the worst in the nation. And while Minnesota income inequality has increased, it has increased less rapidly than the national average. According to a 2020 Institute for Policy Studies report, Gilded Giving, charitable organizations are increasingly having to rely on larger donations from a smaller number of wealthy donors because of shrinking revenue from donors at lower-and middle-income levels.This poses a growing risk to the … Income inequality had a 1.33% decline from 2017 to 2018, which means that wage distribution grew somewhat more even. 21 0 obj <> endobj 45 0 obj <>/Filter/FlateDecode/ID[]/Index[21 43]/Info 20 0 R/Length 110/Prev 60232/Root 22 0 R/Size 64/Type/XRef/W[1 2 1]>>stream 0 Mean Household Income of the Top 5% by Place#18. #��X->|�f>΋�,��2�W����. Minneapolis has the largest gap between Black and non-Black home ownership rates in the United States, according to an analysis by Zillow. Income Inequality Definition . Minnesota saw a significant increase in income inequality from the late 1990s to the mid-2000s, when the earnings of high-income households grew while low- and middle-income households’ earnings fell.2The poorest 20 percent of households in the state For most Minnesota families, the primary source of income is their work (rather than investments). ▪ You can publish our graphics and any photos that are credit to Minnesota Reformer with the stories with which they originally appeared. The Black home ownership rate in Minneapolis is 22%, half the national rate. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site. Minnesota Department of Revenue Mail Station 0020 600 N. Robert Street St. Paul, MN 55145-0020 Mail your tax questions to: Minnesota Department of Revenue Mail Station 5510 600 N. Robert Street St. Paul, MN 55146-5510 Street address (for deliveries): Minnesota Department of Revenue Individual Income Tax 600 North Robert Street St. Paul, MN 55101 The index is a scale of 0 to 1, with a score of “0” indicating perfect equality, and a score of 1 indicating perfect inequality, where one household has all the income. ▪ If you share the story on social media, please mention mnreformer on Twitter and minnesotareformer on Facebook. In Minneapolis, the Black home ownership rate trailed the non-Black rate by 51 points, a significantly larger gap than those in the second- and third-worst metros, where the rates differed by about 40 points. Scope: households in Minnesota, selected places in Minnesota, and entities that contain Minnesota. ▪ You must give Minnesota Reformer credit, including https://www.minnesotareformer.com/ and author. The Minnesota household income inequality from the latest estimates is 45.2 and has risen 0.4% from 45.0. The GINI for Minnesota was lower than than the national average of … (And that’s before the pandemic recession hit Black families hardest.) Across the country, the racial wealth gap remains large: in 2011, the median white household had $111,146 in wealth holdings (assets including cars, homes, investments, etc. Rilyn Eischens is a data reporter with the Reformer. And like nearly every other state, data strongly suggest Minnesota’s policing and broader criminal justice system are unequal. The pervasive housing inequality and concentrated poverty in Minneapolis is no accident, and it needs to stop. Newspapers.com will soon offer a searchable archive of City Pages … Feel free, however, to publish it on a page with ads you’ve already sold. Nationally, the racial income gap has narrowed since the mid-20th century, but factors like access to higher education , hiring and workplace discrimination, and historic wealth inequality still affect Black workers’ wages, experts say. Population: 5,450,582 Number in Poverty : 517,476. CTRL + SPACE for auto-complete. endstream endobj 22 0 obj <> endobj 23 0 obj <> endobj 24 0 obj <>stream When Rilyn isn't in the newsroom, she likes to read, add to her plant collection and try new recipes. And among renters, Black renters are more likely than any other racial group to spend significant portions of their income on rent. According to ITEP’s Tax Inequality Index, Minnesota’s state and local tax system does not worsen income inequality and ranks 47th on the index. Poverty Rate? ... Ranked: 10th. %%EOF Minnesota Reformer is part of States Newsroom, a network of news outlets supported by grants and a coalition of donors as a 501c(3) public charity. Graph and download economic data for Income Inequality in Anoka County, MN (2020RATIO027003) from 2010 to 2018 about Anoka County, MN; Minneapolis; inequality; MN; income; Prosperity Scorecard; and USA. WIDENING INEQUALITY IN MINNESOTA 6 GROWTH & JUSTICE MEDIAN HOUSEHOLD INCOME IN MINNESOTA COUNTIES Minnesota median household income has been on a roller coaster for more than 20 years. Here are the authors’ (Jay Coggins and Thomas Legg) overview: Inequality and income in the U.S. is high and rising; U.S. inequality is rising by all measures — especially with … Rilyn is a Minnesota native and has worked in newsrooms in the Twin Cities, Iowa, Texas and most recently Virginia, where she covered education for The Staunton News Leader. U.S. Census Bureau, American Community Survey, 2017 ... Income Inequality Ratio. , hiring and workplace discrimination, and historic wealth inequality still affect Black workers’ wages, experts say. In 2018, the income inequality in Minnesota was 0.462 according to the GINI calculation of the wage distribution. This shouldn’t be a shock to anyone paying attention, but Minnesota has serious racial inequality issues. Gini Index Income Inequality. Differences in income, wealth, education, job opportunities, and other distributional outcomes are researched, analyzed, and discussed. Therefore it is not surprising that trends in income inequality mirror wage trends in the labor market.2 • Wage inequality in Minnesota increased during the 1980s, as the wages of high-wage workers grew while all others fell. 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