economic mobility

Texas
8:41 am
Tue January 28, 2014

Texas' Income Gap Widens as Minority Populations Grow

In Texas, poverty rates among Hispanics and African Americans are about 2.5 to 3 times higher than whites.
Veronica Zaragovia, KUT

President Barack Obama delivers his State of the Union address tonight. He’s expected to make a big deal about economic mobility and reducing income inequality in the U.S.

But the challenges are substantial when it comes to narrowing the divide. Texas has the eighth highest level of income inequality,  based on 2010 Census data.

"In terms of Texas, we have a lot of upper end income inequality," says Mark Frank, an economics professor at Sam Houston State University. "We have a lot of income inequality because we have the top 1 percent or .01 percent."

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