U.S. Income Inequality Worsens, Widening To A New Gap

The gap between the richest and the poorest U.S. households is now the largest it's been in the past 50 years — despite the median U.S. income hitting a new record in 2018, according to new data from the U.S. Census Bureau.

U.S. income inequality was "significantly higher" in 2018 than in 2017, the federal agency. The last time a change in the metric was deemed statistically significant was when it grew from 2012-2013.