Business First researchers say the distribution of incomes is more unbalanced in the City of Buffalo than almost anywhere else across Upstate New York. Researchers say the top 20 percent of Buffalo's households, those earning the most money, drew more than 53 percent of the total income in the city.
Business First analyzed income data for all 124 Upstate New York cities and towns with at least 10,000 residents using 2012 census data.
Researchers say the widest income disparities are found in big cities, also college towns and affluent suburbs.
Only Ithaca and Binghamton have larger gaps between haves and have-nots, according to researchers. Ithaca has the highest income inequality, while Binghamton is second. Buffalo is third, followed by Oneonta. Then DeWitt wraps things up at number five.
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