Income – Inequality (GINI Index)

This indicator reports income inequality using the Gini coefficient. Gini index values range between zero and one. A value of one indicates perfect inequality where only one household has any income. A value of zero indicates perfect equality, where all households have equal income. Note: Index values are acquired from the 2019-23 American Community Survey…

Income – Median Family Income

This indicator reports median family income based on the latest 5-year American Community Survey estimates. A family household is any housing unit in which the householder is living with one or more individuals related to him or her by birth, marriage, or adoption. Family income includes the incomes of all family members age 15 and…

Income – Median Household Income

This indicator reports median household income based on the latest 5-year American Community Survey estimates. This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is…

Gross Domestic Product (GDP)

Source US Department of Commerce, US Bureau of Economic Analysis, 2022. Source Description The Bureau of Economic Analysis is an agency of the Department of Commerce. BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation’s economy. To do this,…

Income – Earned Income Tax Credit

The indicator reports information about tax filers claiming the Earned Income Tax Credit (EITC). Data are obtained through an analaysis of the IRS Statistics of Income (SOI) data tables. Source IRS – Statistics of Income, 2022. Source Description The Internal Revenue Service (IRS) produces numerous studies which provide statistics on income, deductions, tax, and credits…

Income – Income and AMI

This indicator reports the percentage of households at various income levels relative to Area Median Income (AMI) of total households. Source US Census Bureau, American Community Survey, 2019-23. Source Description The American Community Survey (ACS) is a nationwide survey designed to provide communities with reliable and timely social, economic, housing, and demographic data every year….