Household Income in Tract 041304, Hernando County, Florida (Tract)

Household Income Percentiles#1

Scope: households in Hernando County and Tract 041304
Tract 041304
Hernando County
$0k$50k$100k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$124,333.000000$133,416.000000$124,333.000000$124.3k306.866%307%$71,273.000000$78,786.000000$71,273.000000$71.3k175.909%176%$49,850.000000$51,040.000000$49,850.000000$49.9k123.035%123%$40,517.000000$42,274.000000$40,517.000000$40.5k100.000%100%$36,710.000000$34,380.000000$36,710.000000$36.7k90.604%90.6%$22,217.000000$19,914.000000$22,217.000000$22.2k54.834%54.8%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 041304, as a percentage more or less than Hernando County at large.
Scope: households in Hernando County and Tract 041304
5%0%5%10%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-6.808029%-6.808029%6.8%$124,333.000000$124.3k$133,416.000000$133.4k-9.535958%-9.535958%9.5%$71,273.000000$71.3k$78,786.000000$78.8k-2.331505%-2.331505%2.3%$49,850.000000$49.9k$51,040.000000$51.0k-4.156219%-4.156219%4.2%$40,517.000000$40.5k$42,274.000000$42.3k6.777196%6.777196%6.8%$36,710.000000$36.7k$34,380.000000$34.4k11.564728%11.564728%11.6%$22,217.000000$22.2k$19,914.000000$19.9k

Household Income Interval Means#3

Scope: households in Hernando County and Tract 041304
Tract 041304
Hernando County
$0k$50k$100k$150k$200k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$147,839.000000$202,805.000000$147,839.000000$147.8k364.881%365%$105,753.000000$124,960.000000$105,753.000000$105.8k261.009%261%$61,360.000000$63,165.000000$61,360.000000$61.4k151.443%151%$41,793.000000$42,404.000000$41,793.000000$41.8k103.149%103%$29,833.000000$26,812.000000$29,833.000000$29.8k73.631%73.6%$15,335.000000$11,051.000000$15,335.000000$15.3k37.848%37.8%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 041304, as a percentage more or less than Hernando County at large.
Scope: households in Hernando County and Tract 041304
20%0%20%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%-27.102882%-27.102882%27.1%$147,839.000000$147.8k$202,805.000000$202.8k-15.370519%-15.370519%15.4%$105,753.000000$105.8k$124,960.000000$125.0k-2.857595%-2.857595%2.9%$61,360.000000$61.4k$63,165.000000$63.2k-1.440902%-1.440902%1.4%$41,793.000000$41.8k$42,404.000000$42.4k11.267343%11.267343%11.3%$29,833.000000$29.8k$26,812.000000$26.8k38.765723%38.765723%38.8%$15,335.000000$15.3k$11,051.000000$11.1k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Hernando County and Tract 041304
Tract 041304
Hernando County
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%14.550000%18.890000%14.550000%14.6%291.000000%291%41.620000%46.550000%41.620000%41.6%208.100000%208%24.150000%23.530000%24.150000%24.2%120.750000%121%16.450000%15.800000%16.450000%16.5%82.250000%82%11.740000%9.990000%11.740000%11.7%58.700000%59%6.040000%4.130000%6.040000%6.0%30.200000%30%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 041304, as a percentage more or less than in Hernando County at large.
Scope: households in Hernando County and Tract 041304
20%0%20%40%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-22.975119%-22.975119%23.0%14.550000%15%18.890000%19%-10.590763%-10.590763%10.6%41.620000%42%46.550000%47%2.634934%2.634934%2.6%24.150000%24%23.530000%24%4.113924%4.113924%4.1%16.450000%16%15.800000%16%17.517518%17.517518%17.5%11.740000%12%9.990000%10%46.246973%46.246973%46.2%6.040000%6%4.130000%4%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Hernando County.
Scope: households in Hernando County, Tract 041304, and other tracts in Hernando County
Tract 041304
Hernando County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%5%10%Count%> $200k1$150-200k2$125-150k2$100-125k2$75-100k2$60-75k2$50-60k2$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k200.000%0%343.184%3.18%171.592%1.59%534.963%4.96%807.491%7.49%13412.547%12.5%10810.112%10.1%575.337%5.34%575.337%5.34%13512.640%12.6%827.678%7.68%383.558%3.56%868.052%8.05%948.801%8.80%847.865%7.87%90.843%0.84%

Median Household Income by Race#8

Scope: households in Hernando County and Tract 041304
Tract 041304
Hernando County
$0k$10k$20k$30k$40k%All White1All2Non-Hispanic White$40,603.000000$42,855.000000$40,603.000000$40.6k100.212257%100%$40,517.000000$42,274.000000$40,517.000000$40.5k100.000000%100%$40,259.000000$43,085.000000$40,259.000000$40.3k99.363230%99%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 041304
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
$150-200k$125-150k$100-125k$75-100k$60-75k$50-60k$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%68100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%34100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%106100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%16094.029851%94%5.970149%0.000000%0.000000%0.000000%0.000000%26091.666667%92%0.000000%0.000000%8.333333%8%0.000000%0.000000%207100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%114100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%114100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%270100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%164100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%7695.338983%95%0.000000%0.000000%0.000000%4.661017%0.000000%161100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%188100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%168100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%180%20%40%60%80%100%Count

Household Income by Tract in Hernando County

There are 45 tracts in Hernando County. This section compares Tract 041304 to all of the tracts in Hernando County and to those entities that contain or substantially overlap with Tract 041304.

Median Household Income by Tract#10

Scope: households in Tract 041304, selected other tracts in Hernando County, and entities that contain Tract 041304
$0k$20k$40k%#040909Tract 040909United States of AmericaUnited States040911Tract 040911040908Tract 040908South Atlantic040905Tract 040905040906Tract 040906041303Tract 041303South040302Tract 040302040201Tract 040201FloridaTampa, St. Petersburg, and Clearwater Metro AreaTampa Area040101Tract 040101040907Tract 040907041402Tract 041402040303Tract 040303041201Tract 041201041502Tract 041502040701Tract 040701040301Tract 040301040702Tract 040702041106Tract 041106040202Tract 040202040602Tract 040602041203Tract 041203041004Tract 041004041501Tract 041501041104Tract 041104041600Tract 041600040102Tract 040102Hernando CountyHernandoHernando County School DistrictHernando Co041006Tract 041006041304Tract 041304040901Tract 040901041005Tract 041005041305Tract 041305ZIP Code 34606ZIP 34606040802Tract 040802041105Tract 041105040601Tract 040601041103Tract 041103041401Tract 041401040910Tract 040910041302Tract 041302040502Tract 040502041003Tract 041003040400Tract 040400041204Tract 041204040801Tract 040801040501Tract 040501$59,301.000000$59,301.000000$59.3k+46.361%+46.4%1$55,322.000000$55,322.000000$55.3k+36.540%+36.5%$53,869.000000$53,869.000000$53.9k+32.954%+33.0%2$53,371.000000$53,371.000000$53.4k+31.725%+31.7%3$52,868.000000$52,868.000000$52.9k+30.484%+30.5%$51,788.000000$51,788.000000$51.8k+27.818%+27.8%4$51,587.000000$51,587.000000$51.6k+27.322%+27.3%5$51,548.000000$51,548.000000$51.5k+27.226%+27.2%6$51,236.000000$51,236.000000$51.2k+26.456%+26.5%$49,335.000000$49,335.000000$49.3k+21.764%+21.8%7$48,911.000000$48,911.000000$48.9k+20.717%+20.7%8$48,900.000000$48,900.000000$48.9k+20.690%+20.7%$48,521.000000$48,521.000000$48.5k+19.755%+19.8%$47,628.000000$47,628.000000$47.6k+17.551%+17.6%9$46,875.000000$46,875.000000$46.9k+15.692%+15.7%10$46,780.000000$46,780.000000$46.8k+15.458%+15.5%11$46,528.000000$46,528.000000$46.5k+14.836%+14.8%12$46,511.000000$46,511.000000$46.5k+14.794%+14.8%13$46,469.000000$46,469.000000$46.5k+14.690%+14.7%14$46,333.000000$46,333.000000$46.3k+14.354%+14.4%15$46,103.000000$46,103.000000$46.1k+13.787%+13.8%16$45,967.000000$45,967.000000$46.0k+13.451%+13.5%17$45,778.000000$45,778.000000$45.8k+12.985%+13.0%18$45,625.000000$45,625.000000$45.6k+12.607%+12.6%19$44,779.000000$44,779.000000$44.8k+10.519%+10.5%20$44,734.000000$44,734.000000$44.7k+10.408%+10.4%21$43,813.000000$43,813.000000$43.8k+8.135%+8.13%22$43,446.000000$43,446.000000$43.4k+7.229%+7.23%23$43,426.000000$43,426.000000$43.4k+7.180%+7.18%24$42,921.000000$42,921.000000$42.9k+5.933%+5.93%25$42,435.000000$42,435.000000$42.4k+4.734%+4.73%26$42,274.000000$42,274.000000$42.3k+4.336%+4.34%$42,274.000000$42,274.000000$42.3k+4.336%+4.34%$41,852.000000$41,852.000000$41.9k+3.295%+3.29%27$40,517.000000$40,517.000000$40.5k+0.000%0%28$40,057.000000$40,057.000000$40.1k-1.135%-1.14%29$38,799.000000$38,799.000000$38.8k-4.240%-4.24%30$38,500.000000$38,500.000000$38.5k-4.978%-4.98%31$38,460.000000$38,460.000000$38.5k-5.077%-5.08%$37,881.000000$37,881.000000$37.9k-6.506%-6.51%32$37,319.000000$37,319.000000$37.3k-7.893%-7.89%33$37,094.000000$37,094.000000$37.1k-8.448%-8.45%34$36,528.000000$36,528.000000$36.5k-9.845%-9.85%35$35,207.000000$35,207.000000$35.2k-13.106%-13.1%36$35,147.000000$35,147.000000$35.1k-13.254%-13.3%37$33,750.000000$33,750.000000$33.8k-16.702%-16.7%38$33,693.000000$33,693.000000$33.7k-16.842%-16.8%39$33,274.000000$33,274.000000$33.3k-17.876%-17.9%40$32,342.000000$32,342.000000$32.3k-20.177%-20.2%41$30,121.000000$30,121.000000$30.1k-25.658%-25.7%42$29,757.000000$29,757.000000$29.8k-26.557%-26.6%43$26,753.000000$26,753.000000$26.8k-33.971%-34.0%44

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 041304, selected other tracts in Hernando County, and entities that contain Tract 041304
< $25k
$25-50k
$50-100k
$100-200k
$200k+
80%60%40%20%0%20%Count#United States of AmericaUnited StatesSouth AtlanticSouth040909Tract 040909FloridaTampa, St. Petersburg, and Clearwater Metro AreaTampa Area041501Tract 041501040907Tract 040907040911Tract 040911040301Tract 040301040910Tract 040910040201Tract 040201040302Tract 040302040303Tract 040303040905Tract 040905040702Tract 040702040202Tract 040202040602Tract 040602041402Tract 041402041502Tract 041502041600Tract 041600041201Tract 041201041006Tract 041006040601Tract 040601040906Tract 040906Hernando CountyHernandoHernando County School DistrictHernando Co040908Tract 040908041305Tract 041305040102Tract 040102041103Tract 041103040901Tract 040901041304Tract 041304041302Tract 041302041303Tract 041303ZIP Code 34606ZIP 34606040502Tract 040502041401Tract 041401040101Tract 040101041005Tract 041005040701Tract 040701040400Tract 040400041004Tract 041004041203Tract 041203040501Tract 040501041003Tract 041003041105Tract 041105041106Tract 041106041104Tract 041104040801Tract 040801040802Tract 040802041204Tract 041204-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-29.646377%-24.158213%-23.154459%-76.959048%77%17.687023%5.353929%23.040952%23%5,366,4835.37M-29.405566%-24.459315%-24.342644%-78.207526%78%16.946467%4.846007%21.792474%22%9,611,6329.61M-37.372654%-25.361930%-16.729223%-79.463807%79%16.568365%3.967828%20.536193%21%3831-29.525844%-26.251268%-24.678565%-80.455677%80%15.187680%4.356643%19.544323%20%1,444,9631.44M-29.284780%-26.370349%-24.835283%-80.490412%80%15.344897%4.164691%19.509588%20%226,670227k-26.514032%-29.763663%-24.519941%-80.797637%81%12.407681%6.794682%19.202363%19%2602-29.417671%-26.506024%-25.000000%-80.923695%81%17.771084%1.305221%19.076305%19%1903-33.469666%-25.426040%-22.085890%-80.981595%81%16.905249%2.113156%19.018405%19%2794-24.483307%-24.324324%-32.750397%-81.558029%82%14.944356%3.497615%18.441971%18%1165-18.413793%-25.448276%-38.344828%-82.206897%82%16.482759%1.310345%17.793103%18%2586-30.999066%-28.291317%-22.969188%-82.259570%82%15.499533%2.240896%17.740430%18%1907-31.278391%-29.072031%-21.998702%-82.349124%82%12.199870%5.451006%17.650876%18%2728-26.641294%-27.117031%-28.734539%-82.492864%82%14.367269%3.139867%17.507136%18%1849-36.052922%-30.613745%-17.126057%-83.792723%84%14.002205%2.205072%16.207277%16%44110-29.958678%-34.969008%-20.506198%-85.433884%85%11.621901%2.944215%14.566116%15%28211-34.022556%-32.330827%-19.501880%-85.855263%86%12.453008%1.691729%14.144737%14%30112-28.939544%-28.245788%-28.741328%-85.926660%86%13.181368%0.891972%14.073340%14%14213-29.707865%-36.179775%-20.853933%-86.741573%87%10.966292%2.292135%13.258427%13%29514-32.932236%-21.089297%-32.742242%-86.763775%87%9.056365%4.179861%13.236225%13%20915-28.331655%-31.017120%-27.962403%-87.311178%87%11.211816%1.477006%12.688822%13%37816-30.390144%-29.842574%-27.720739%-87.953457%88%12.046543%0.000000%12.046543%12%17617-31.587838%-29.983108%-26.646959%-88.217905%88%11.782095%0.000000%11.782095%12%27918-18.022657%-39.855819%-30.587024%-88.465499%88%10.916581%0.617920%11.534501%12%11219-39.274519%-23.958800%-25.302284%-88.535602%89%10.792656%0.671742%11.464398%11%25620-29.976875%-31.553343%-27.268112%-88.798330%89%9.783130%1.418540%11.201670%11%7,944-29.976875%-31.553343%-27.268112%-88.798330%89%9.783130%1.418540%11.201670%11%7,944-44.139553%-23.010584%-21.756174%-88.906311%89%9.917679%1.176009%11.093689%11%28321-27.383863%-37.530562%-24.083130%-88.997555%89%9.657702%1.344743%11.002445%11%9022-31.257344%-33.960047%-24.206816%-89.424207%89%7.755582%2.820212%10.575793%11%9023-22.228916%-39.638554%-28.072289%-89.939759%90%10.060241%0.000000%10.060241%10%16724-28.985507%-34.167765%-26.789635%-89.942907%90%9.661836%0.395257%10.057093%10%22925-30.149813%-34.550562%-25.561798%-90.262172%90%9.737828%0.000000%9.737828%10%10426-16.383764%-39.778598%-34.391144%-90.553506%91%7.970480%1.476015%9.446494%9%12827-43.786982%-31.213018%-15.902367%-90.902367%91%8.357988%0.739645%9.097633%9%12328-26.276143%-35.971287%-28.881602%-91.129032%91%8.356966%0.514002%8.870968%9%1,001-21.014493%-29.166667%-41.032609%-91.213768%91%7.065217%1.721014%8.786232%9%9729-21.600821%-31.195485%-38.481272%-91.277578%91%8.722422%0.000000%8.722422%9%17030-32.909535%-36.674817%-21.907090%-91.491443%91%8.508557%0.000000%8.508557%9%17431-29.587156%-36.123853%-26.376147%-92.087156%92%7.912844%0.000000%7.912844%8%6932-39.047151%-32.956778%-20.481336%-92.485265%92%6.483301%1.031434%7.514735%8%15333-16.565350%-46.048632%-30.015198%-92.629179%93%6.155015%1.215805%7.370821%7%9734-35.828427%-33.725820%-23.338940%-92.893188%93%7.106812%0.000000%7.106812%7%16935-36.152356%-32.795352%-24.080052%-93.027760%93%6.972240%0.000000%6.972240%7%10836-18.903592%-28.229364%-45.935728%-93.068683%93%6.301197%0.630120%6.931317%7%11037-23.551402%-30.373832%-39.252336%-93.177570%93%6.822430%0.000000%6.822430%7%7338-27.371695%-34.888543%-30.948678%-93.208917%93%5.961638%0.829445%6.791083%7%13139-38.240918%-28.935628%-26.449968%-93.626514%94%4.525175%1.848311%6.373486%6%10040-36.105477%-26.470588%-31.237323%-93.813387%94%6.186613%0.000000%6.186613%6%6141-21.864776%-34.841876%-38.495093%-95.201745%95%4.307525%0.490731%4.798255%5%8842-24.829060%-36.452991%-34.615385%-95.897436%96%2.393162%1.709402%4.102564%4%9643-18.011527%-36.671470%-43.083573%-97.766571%98%1.801153%0.432277%2.233429%2%3144

Mean Household Income of the Top 5% by Tract#12

Scope: households in Tract 041304, selected other tracts in Hernando County, and entities that contain Tract 041304
$0k$100k$200k$300k$400k%#041501Tract 041501041502Tract 041502United States of AmericaUnited StatesSouth AtlanticFloridaSouth040907Tract 040907Tampa, St. Petersburg, and Clearwater Metro AreaTampa Area041303Tract 041303040702Tract 040702040303Tract 040303040302Tract 040302040909Tract 040909040102Tract 040102040400Tract 040400041402Tract 041402040301Tract 040301041600Tract 041600041302Tract 041302040905Tract 040905Hernando CountyHernandoHernando County School DistrictHernando Co040201Tract 040201040908Tract 040908040202Tract 040202040910Tract 040910ZIP Code 34606ZIP 34606040911Tract 040911040502Tract 040502041305Tract 041305040802Tract 040802040602Tract 040602040701Tract 040701041106Tract 041106041203Tract 041203040101Tract 040101040601Tract 040601041201Tract 041201040901Tract 040901040801Tract 040801041103Tract 041103041304Tract 041304041004Tract 041004040501Tract 040501040906Tract 040906041105Tract 041105041401Tract 041401041006Tract 041006041005Tract 041005041104Tract 041104041003Tract 041003041204Tract 041204$427,354.000000$427,354.000000$427.4k+189.067%+189%1$406,020.000000$406,020.000000$406.0k+174.637%+175%2$358,316.000000$358,316.000000$358.3k+142.369%+142%$347,004.000000$347,004.000000$347.0k+134.717%+135%$339,428.000000$339,428.000000$339.4k+129.593%+130%$334,260.000000$334,260.000000$334.3k+126.097%+126%$315,060.000000$315,060.000000$315.1k+113.110%+113%3$314,823.000000$314,823.000000$314.8k+112.950%+113%$284,627.000000$284,627.000000$284.6k+92.525%+92.5%4$279,920.000000$279,920.000000$279.9k+89.341%+89.3%5$272,696.000000$272,696.000000$272.7k+84.455%+84.5%6$270,807.000000$270,807.000000$270.8k+83.177%+83.2%7$270,009.000000$270,009.000000$270.0k+82.637%+82.6%8$269,642.000000$269,642.000000$269.6k+82.389%+82.4%9$241,395.000000$241,395.000000$241.4k+63.282%+63.3%10$230,679.000000$230,679.000000$230.7k+56.034%+56.0%11$219,947.000000$219,947.000000$219.9k+48.775%+48.8%12$219,248.000000$219,248.000000$219.2k+48.302%+48.3%13$216,457.000000$216,457.000000$216.5k+46.414%+46.4%14$212,377.000000$212,377.000000$212.4k+43.654%+43.7%15$202,805.000000$202,805.000000$202.8k+37.180%+37.2%$202,805.000000$202,805.000000$202.8k+37.180%+37.2%$198,800.000000$198,800.000000$198.8k+34.471%+34.5%16$188,260.000000$188,260.000000$188.3k+27.341%+27.3%17$186,202.000000$186,202.000000$186.2k+25.949%+25.9%18$183,000.000000$183,000.000000$183.0k+23.783%+23.8%19$179,348.000000$179,348.000000$179.3k+21.313%+21.3%$178,509.000000$178,509.000000$178.5k+20.746%+20.7%20$178,414.000000$178,414.000000$178.4k+20.681%+20.7%21$176,538.000000$176,538.000000$176.5k+19.412%+19.4%22$176,375.000000$176,375.000000$176.4k+19.302%+19.3%23$173,766.000000$173,766.000000$173.8k+17.537%+17.5%24$173,051.000000$173,051.000000$173.1k+17.054%+17.1%25$169,292.000000$169,292.000000$169.3k+14.511%+14.5%26$167,948.000000$167,948.000000$167.9k+13.602%+13.6%27$162,227.000000$162,227.000000$162.2k+9.732%+9.73%28$160,368.000000$160,368.000000$160.4k+8.475%+8.47%29$155,801.000000$155,801.000000$155.8k+5.386%+5.39%30$153,326.000000$153,326.000000$153.3k+3.711%+3.71%31$151,763.000000$151,763.000000$151.8k+2.654%+2.65%32$150,109.000000$150,109.000000$150.1k+1.535%+1.54%33$147,839.000000$147,839.000000$147.8k+0.000%0%34$143,791.000000$143,791.000000$143.8k-2.738%-2.74%35$143,397.000000$143,397.000000$143.4k-3.005%-3.00%36$138,244.000000$138,244.000000$138.2k-6.490%-6.49%37$137,589.000000$137,589.000000$137.6k-6.933%-6.93%38$136,149.000000$136,149.000000$136.1k-7.907%-7.91%39$135,022.000000$135,022.000000$135.0k-8.670%-8.67%40$133,986.000000$133,986.000000$134.0k-9.370%-9.37%41$130,561.000000$130,561.000000$130.6k-11.687%-11.7%42$130,139.000000$130,139.000000$130.1k-11.972%-12.0%43$110,532.000000$110,532.000000$110.5k-25.235%-25.2%44

Definitions

  • Household Income: total income from all people in the household
  • Median: in terms of income, it is the income for which 50% of households have a lower income, and 50% have a higher income
  • Percentile: for example, the 80th percentile of household income is the income for which 80% of household have a lower income and 20% have a higher income
  • Quintile: a quintile is 20% of a population, grouped by percentile; for example, the 2nd quintile is all members of a population between the 20th and 40th percentiles
  • Gini Index: a statistical measure of how unevenly income is distributed in a population (ranging from 0% to 100%, the higher the number, the greater the inequality)

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