Dallas-Fort Worth is booming. Construction cranes everywhere, an influx of new residents seemingly every day, businesses choosing to relocate here, an unemployment rate lower than the national average, and an economic growth rate higher than the rest of Texas and the U.S. as a whole.
But we’re not all living like Scrooge McDuck, taking daily swims in our money bins. When you hear the positive numbers about how well things are going in these parts, keep in mind that they’re almost always talking about the region, and not the city itself.
Among the problems that our big city must confront that the fast-growing northern suburbs have not yet had to face, to anywhere near the same degree, is income inequality. We’ve mentioned it plenty of times before, but today brings a new ranking from Bloomberg that places Dallas as the fifth-most unequal big city in the country. Right where we finished last year too.
It’s based on something called the Gini coefficient, which measures the total income in the city against how that money is distributed across the total population. Here’s where Dallas finished among American cities with populations greater than 250,000: