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Poverty is considered a key driver of health status. This indicator reports the percentage of the population living in households with income below the Federal Poverty Level (FPL). This indicator is relevant because poverty creates barriers to accessing health services, healthy foods, stable housing, and other essential resources that support overall well-being. Reducing poverty can…
Net farm income (total sales, government payments, and other farm-related income minus total farm expenses) reflects the strength of the local agricultural community and can be an important measure for lenders and policy makers. Source US Department of Agriculture, USDA – Census of Agriculture, 2022. Source Description The Census of Agriculture is the leading source…
This indicator reports per capita income. Total income includes all reported income from wages and salaries as well as income from self-employment, interest or dividends, public assistance, retirement, and other sources. Per capita income is the average (mean) income computed for every man, woman, and child in a the specified area. Source US Census Bureau,…
This indicator reports the percentage households receiving public assistance income. Public assistance income includes general assistance and Temporary Assistance to Needy Families (TANF). Separate payments received for hospital or other medical care (vendor payments) are excluded. This does not include Supplemental Security Income (SSI) or noncash benefits such as Food Stamps. Source US Census Bureau,…
In personal income, transfer receipts are benefits received by persons for which no current services are performed. They are payments by government and business to individuals and non-profit institutions. Specifically, transfer payment income encompasses all receipts from: Retirement and disability; Medical benefits; Income maintenance benefits (SSI, EITC, SNAP, etc.); Unemployment; Veterans’ benefits; Education and training…
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 2020-24 American Community Survey…
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…
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, median household income is…
This indicator reports Atkinson’s measure of income disparity. This value is used to measure income inequality, and to determine which end of the income distribution contributes most to the observed inequality. Atkinson’s measure of income disparity is a fraction between 0 and 1, where 0 represents a state of equal income distribution. Source 2007-11. Methodology…
Source US Department of Commerce, US Bureau of Economic Analysis, 2023. 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,…