9 U.S. states with the highest income inequality

  • 2. Connecticut

    Getty Images/iStockphoto

    Home to hedge funds and financial executives, Connecticut is no stranger to income inequality.

    The average income of the top 1 percent stood at $2.4 million in 2013, while the bottom 99 percent earned an average of $56,445, the study found. That gives Connecticut a top-to-bottom ratio of 42.6, making it the second-most unequal state in the country.

    To enter the top 1 percent requires at least $659,979 in annual income, while the top 0.01 percent earn at least $18.7 million.

    The richest residents in Connecticut include hedge fund executives such as Steve Cohen and Stephen Mandel.