Monroe, Shreveport rank high for income inequality

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Monroe and Shreveport were ranked among the 10 U.S. cities with the biggest gap between rich and poor residents. According to a Forbes magazine report, while the richest 5% of Monroe residents earn an average of $277,200, the poorest 20% of the population had an annual income of $7,619. Shreveport had a slightly smaller gap, with the wealthiest residents bringing in $302,527 annually and the poorest 20% having an annual income of $9,542. Forbes says the North Louisiana cities ranked high because the poorest residents earn so much less than the national average of $12,000 annually. Bridgeport, Conn., was ranked as having the biggest gap between rich and poor, with the top earners bringing in $823,000, while at the bottom, residents had an annual income of $17,000.

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