Income inequality in Greater Boston is getting worse, a new report from Boston Indicators found.
By the numbers: The average income for the top 20% today is nearly $400,000 — more than 19 times higher than the bottom 20%.
The top 5% now average just under $700,000. The bottom quintile earns an average of under $21,000.
Yes, and: The region's share of middle-income households has shrunk from 53% in 1980 to 41% in 2023, per an analysis of residents in Essex, Middlesex, Norfolk, Plymouth and Suffolk counties.
Zoom in: The report found that racial segregation between Black and white people has decreased, but segregation persists when it comes to white people's interactions with Latinos and Asians.
