Household Income in Tract 070325, DeSoto County, Mississippi (Tract)

Household Income Percentiles#1

Scope: households in DeSoto County and Tract 070325
Tract 070325
DeSoto County
$0k$50k$100k$150k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$106,973.000000$170,179.000000$106,973.000000$107.0k265.336%265%$65,621.000000$108,409.000000$65,621.000000$65.6k162.767%163%$45,653.000000$73,169.000000$45,653.000000$45.7k113.238%113%$40,316.000000$60,111.000000$40,316.000000$40.3k100.000%100%$33,325.000000$49,617.000000$33,325.000000$33.3k82.659%82.7%$24,494.000000$28,936.000000$24,494.000000$24.5k60.755%60.8%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 070325, as a percentage more or less than DeSoto County at large.
Scope: households in DeSoto County and Tract 070325
30%20%10%0%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-37.140893%-37.140893%37.1%$106,973.000000$107.0k$170,179.000000$170.2k-39.469048%-39.469048%39.5%$65,621.000000$65.6k$108,409.000000$108.4k-37.606090%-37.606090%37.6%$45,653.000000$45.7k$73,169.000000$73.2k-32.930745%-32.930745%32.9%$40,316.000000$40.3k$60,111.000000$60.1k-32.835520%-32.835520%32.8%$33,325.000000$33.3k$49,617.000000$49.6k-15.351120%-15.351120%15.4%$24,494.000000$24.5k$28,936.000000$28.9k

Household Income Interval Means#3

Scope: households in DeSoto County and Tract 070325
Tract 070325
DeSoto County
$0k$100k$200k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$146,214.000000$262,319.000000$146,214.000000$146.2k362.670%363%$97,151.000000$164,714.000000$97,151.000000$97.2k240.974%241%$54,109.000000$88,673.000000$54,109.000000$54.1k134.212%134%$39,554.000000$60,475.000000$39,554.000000$39.6k98.110%98.1%$30,205.000000$39,353.000000$30,205.000000$30.2k74.921%74.9%$16,082.000000$16,957.000000$16,082.000000$16.1k39.890%39.9%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 070325, as a percentage more or less than DeSoto County at large.
Scope: households in DeSoto County and Tract 070325
40%20%0%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%-44.260995%-44.260995%44.3%$146,214.000000$146.2k$262,319.000000$262.3k-41.018371%-41.018371%41.0%$97,151.000000$97.2k$164,714.000000$164.7k-38.979171%-38.979171%39.0%$54,109.000000$54.1k$88,673.000000$88.7k-34.594461%-34.594461%34.6%$39,554.000000$39.6k$60,475.000000$60.5k-23.246004%-23.246004%23.2%$30,205.000000$30.2k$39,353.000000$39.4k-5.160111%-5.160111%5.2%$16,082.000000$16.1k$16,957.000000$17.0k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in DeSoto County and Tract 070325
Tract 070325
DeSoto County
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%15.420000%17.720000%15.420000%15.4%308.400000%308%40.970000%44.500000%40.970000%41.0%204.850000%205%22.820000%23.950000%22.820000%22.8%114.100000%114%16.680000%16.340000%16.680000%16.7%83.400000%83%12.740000%10.630000%12.740000%12.7%63.700000%64%6.780000%4.580000%6.780000%6.8%33.900000%34%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 070325, as a percentage more or less than in DeSoto County at large.
Scope: households in DeSoto County and Tract 070325
10%0%10%20%30%40%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-12.979684%-12.979684%13.0%15.420000%15%17.720000%18%-7.932584%-7.932584%7.9%40.970000%41%44.500000%45%-4.718163%-4.718163%4.7%22.820000%23%23.950000%24%2.080783%2.080783%2.1%16.680000%17%16.340000%16%19.849483%19.849483%19.8%12.740000%13%10.630000%11%48.034934%48.034934%48.0%6.780000%7%4.580000%5%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in DeSoto County.
Scope: households in DeSoto County, Tract 070325, and other tracts in DeSoto County
Tract 070325
DeSoto County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%5%10%15%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< $10k280.770%0.77%90.866%0.87%00.000%0%514.909%4.91%787.507%7.51%1039.913%9.91%979.336%9.34%797.603%7.60%10510.106%10.1%807.700%7.70%17416.747%16.7%312.984%2.98%938.951%8.95%484.620%4.62%373.561%3.56%464.427%4.43%

Median Household Income by Race#8

Scope: households in DeSoto County and Tract 070325
Tract 070325
DeSoto County
$0k$20k$40k$60k%HispanicAll White1Non-Hispanic WhiteAll2Black$43,482.000000$45,385.000000$43,482.000000$43.5k107.852962%108%$42,955.000000$64,270.000000$42,955.000000$43.0k106.545788%107%$42,083.000000$64,710.000000$42,083.000000$42.1k104.382875%104%$40,316.000000$60,111.000000$40,316.000000$40.3k100.000000%100%$32,426.000000$48,268.000000$32,426.000000$32.4k80.429606%80%

Household Income Distribution by Race#9

Independent household income distributions of the given ethno-racial groups, normalized with respect to a standard interval of $5k.
Scope: households in Tract 070325
White1
Hispanic2
Mixed3
Black3
Asian3
Other3
> $200k4$150-200k5$125-150k5$100-125k5$75-100k5$60-75k5$50-60k5$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k51618074144196194129161114246541869670650%10%20%30%40%50%Count

Household Income Distribution by Race#10

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 070325
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$150-200k$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%16100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%1845.098039%45%54.901961%55%0.000000%0.000000%0.000000%0.000000%7484.615385%85%6.410256%0.000000%8.974359%9%0.000000%0.000000%14490.291262%90%0.000000%0.000000%5.825243%0.000000%3.883495%196100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%19463.291139%63%6.329114%0.000000%30.379747%30%0.000000%0.000000%12953.333333%53%21.904762%22%0.000000%24.761905%25%0.000000%0.000000%16142.500000%43%15.000000%15%0.000000%42.500000%43%0.000000%0.000000%11443.548387%44%0.000000%0.000000%53.830645%54%2.620968%0.000000%24674.193548%74%0.000000%0.000000%25.806452%26%0.000000%0.000000%54100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%186100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%9689.189189%89%10.810811%11%0.000000%0.000000%0.000000%0.000000%7041.304348%41%6.521739%19.565217%20%32.608696%33%0.000000%0.000000%650%20%40%60%80%100%Count

Household Income Distribution by Race#11

Independent household income distributions of the given ethno-racial groups, normalized so that the sum of each interval is 100%.
Scope: households in Tract 070325
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$150-200k$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%16100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%188.321274%8%91.678726%92%0.000000%0.000000%0.000000%0.000000%7448.708917%49%33.395129%33%0.000000%17.895954%18%0.000000%0.000000%14411.100704%11%0.000000%0.000000%2.480911%0.000000%86.418385%86%196100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%19428.028672%28%25.365949%25%0.000000%46.605379%47%0.000000%0.000000%12915.809519%16%58.763416%59%0.000000%25.427066%25%0.000000%0.000000%16113.057843%13%41.708288%42%0.000000%45.233869%45%0.000000%0.000000%11411.582275%12%0.000000%0.000000%49.595657%50%38.822069%39%0.000000%24645.353335%45%0.000000%0.000000%54.646665%55%0.000000%0.000000%54100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%186100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%9647.687861%48%52.312139%52%0.000000%0.000000%0.000000%0.000000%702.311121%3.302471%88.065889%88%6.320518%0.000000%0.000000%650%20%40%60%80%100%Count

Household Income by Tract in DeSoto County

There are 33 tracts in DeSoto County. This section compares Tract 070325 to all of the tracts in DeSoto County and to those entities that contain or substantially overlap with Tract 070325.

Median Household Income by Tract#12

Scope: households in Tract 070325, selected other tracts in DeSoto County, and entities that contain Tract 070325
$0k$20k$40k$60k$80k%#070630Tract 070630070722Tract 070722070721Tract 070721070520Tract 070520071000Tract 071000070830Tract 070830070620Tract 070620071110Tract 071110070710Tract 070710070821Tract 070821070102Tract 070102070811Tract 070811070900Tract 070900070812Tract 070812DeSoto County School DistrictDeSoto CountyDeSoto CountyDeSoto070822Tract 070822070522Tract 070522071120Tract 071120United States of AmericaUnited States070222Tract 070222070210Tract 070210South070421Tract 070421070322Tract 070322Memphis Metro AreaMemphis Area071200Tract 071200070323Tract 070323DeSoto District 44070221Tract 070221ZIP Code 38637ZIP 38637Horn LakeEast South Central070521Tract 070521070310Tract 070310Mississippi070422Tract 070422070325Tract 070325070101Tract 070101070411Tract 070411070324Tract 070324070412Tract 070412070610Tract 070610$95,357.000000$95,357.000000$95.4k+136.524%+137%1$90,759.000000$90,759.000000$90.8k+125.119%+125%2$87,431.000000$87,431.000000$87.4k+116.864%+117%3$82,715.000000$82,715.000000$82.7k+105.167%+105%4$82,453.000000$82,453.000000$82.5k+104.517%+105%5$81,023.000000$81,023.000000$81.0k+100.970%+101%6$72,324.000000$72,324.000000$72.3k+79.393%+79.4%7$70,986.000000$70,986.000000$71.0k+76.074%+76.1%8$69,258.000000$69,258.000000$69.3k+71.788%+71.8%9$64,048.000000$64,048.000000$64.0k+58.865%+58.9%10$63,229.000000$63,229.000000$63.2k+56.834%+56.8%11$61,895.000000$61,895.000000$61.9k+53.525%+53.5%12$60,734.000000$60,734.000000$60.7k+50.645%+50.6%13$60,299.000000$60,299.000000$60.3k+49.566%+49.6%14$60,111.000000$60,111.000000$60.1k+49.100%+49.1%$60,111.000000$60,111.000000$60.1k+49.100%+49.1%$58,616.000000$58,616.000000$58.6k+45.391%+45.4%15$58,279.000000$58,279.000000$58.3k+44.556%+44.6%16$57,792.000000$57,792.000000$57.8k+43.348%+43.3%17$55,322.000000$55,322.000000$55.3k+37.221%+37.2%$52,349.000000$52,349.000000$52.3k+29.847%+29.8%18$51,865.000000$51,865.000000$51.9k+28.646%+28.6%19$51,236.000000$51,236.000000$51.2k+27.086%+27.1%$49,904.000000$49,904.000000$49.9k+23.782%+23.8%20$48,750.000000$48,750.000000$48.8k+20.920%+20.9%21$48,545.000000$48,545.000000$48.5k+20.411%+20.4%$48,250.000000$48,250.000000$48.3k+19.680%+19.7%22$47,853.000000$47,853.000000$47.9k+18.695%+18.7%23$46,884.000000$46,884.000000$46.9k+16.291%+16.3%$46,250.000000$46,250.000000$46.3k+14.719%+14.7%24$45,446.000000$45,446.000000$45.4k+12.724%+12.7%$45,310.000000$45,310.000000$45.3k+12.387%+12.4%$44,705.000000$44,705.000000$44.7k+10.886%+10.9%$44,306.000000$44,306.000000$44.3k+9.897%+9.90%25$41,217.000000$41,217.000000$41.2k+2.235%+2.23%26$40,528.000000$40,528.000000$40.5k+0.526%+0.53%$40,409.000000$40,409.000000$40.4k+0.231%+0.23%27$40,316.000000$40,316.000000$40.3k+0.000%0%28$39,318.000000$39,318.000000$39.3k-2.475%-2.48%29$38,661.000000$38,661.000000$38.7k-4.105%-4.11%30$37,565.000000$37,565.000000$37.6k-6.824%-6.82%31$37,057.000000$37,057.000000$37.1k-8.084%-8.08%32$35,247.000000$35,247.000000$35.2k-12.573%-12.6%33

Six-Figure Incomes by Tract#13

Percentage of households with incomes above $100k.
Scope: households in Tract 070325, selected other tracts in DeSoto County, and entities that contain Tract 070325
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#070630Tract 070630070722Tract 070722071000Tract 071000070721Tract 070721070830Tract 070830070520Tract 070520071110Tract 071110070620Tract 070620070710Tract 070710070900Tract 070900United States of AmericaUnited StatesDeSoto County School DistrictDeSoto CountyDeSoto CountyDeSoto070102Tract 070102South070522Tract 070522070821Tract 070821071120Tract 071120Memphis Metro AreaMemphis Area070811Tract 070811070812Tract 070812070222Tract 070222070221Tract 070221East South Central070822Tract 070822DeSoto District 44Mississippi071200Tract 071200070323Tract 070323070322Tract 070322070421Tract 070421070101Tract 070101Horn LakeZIP Code 38637ZIP 38637070310Tract 070310070324Tract 070324070411Tract 070411070210Tract 070210070610Tract 070610070325Tract 070325070412Tract 070412070521Tract 070521070422Tract 070422-33.446122%-12.779802%-6.819365%-53.045289%53%40.421655%6.533056%46.954711%47%1,8041-32.893983%-14.727794%-5.501433%-53.123209%53%35.300860%11.575931%46.876791%47%8182-28.398965%-22.937626%-7.042254%-58.378844%58%34.291463%7.329692%41.621156%42%1,4483-37.780803%-9.734513%-12.457454%-59.972771%60%31.994554%8.032675%40.027229%40%5884-34.568528%-18.680203%-10.812183%-64.060914%64%31.573604%4.365482%35.939086%36%7085-42.040359%-13.228700%-9.052691%-64.321749%64%34.669283%1.008969%35.678251%36%1,2736-33.686890%-21.552821%-9.927874%-65.167586%65%30.207891%4.624523%34.832414%35%8217-38.564850%-15.694551%-11.320031%-65.579432%66%29.432080%4.988488%34.420568%34%8978-29.512894%-18.911175%-17.273844%-65.697912%66%32.050757%2.251330%34.302088%34%8389-36.911862%-23.392975%-14.115308%-74.420146%74%22.133863%3.445991%25.579854%26%38610-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-35.691292%-24.160132%-16.145274%-75.996698%76%21.084606%2.918696%24.003302%24%14,54014.5k-35.691292%-24.160132%-16.145274%-75.996698%76%21.084606%2.918696%24.003302%24%14,54014.5k-42.630854%-25.206612%-9.366391%-77.203857%77%20.798898%1.997245%22.796143%23%33111-29.405566%-24.459315%-24.342644%-78.207526%78%16.946467%4.846007%21.792474%22%9,611,6329.61M-36.286408%-29.975728%-12.257282%-78.519417%79%19.235437%2.245146%21.480583%21%35412-45.689655%-20.366379%-12.984914%-79.040948%79%19.234914%1.724138%20.959052%21%38913-36.383634%-17.157941%-26.352838%-79.894413%80%17.245930%2.859657%20.105587%20%45714-28.978848%-24.578959%-26.446349%-80.004157%80%16.045750%3.950093%19.995843%20%99,09199.1k-42.772727%-24.181818%-14.500000%-81.454545%81%15.636364%2.909091%18.545455%19%40815-41.967963%-27.368421%-12.540046%-81.876430%82%17.711670%0.411899%18.123570%18%39616-36.028968%-29.209415%-17.501509%-82.739891%83%15.751358%1.508751%17.260109%17%28617-29.833887%-27.641196%-25.780731%-83.255814%83%15.946844%0.797342%16.744186%17%25218-28.766871%-25.830784%-28.673898%-83.271553%83%13.712043%3.016403%16.728447%17%1,202,8231.20M-49.718468%-22.466216%-13.513514%-85.698198%86%12.894144%1.407658%14.301802%14%25419-33.297745%-29.347391%-23.101561%-85.746697%86%13.132257%1.121046%14.253303%14%1,068-27.260210%-26.056627%-32.506009%-85.822845%86%11.884023%2.293132%14.177155%14%155,779156k-35.146444%-26.610879%-24.267782%-86.025105%86%11.631799%2.343096%13.974895%14%16720-32.012195%-33.384146%-20.630081%-86.026423%86%13.109756%0.863821%13.973577%14%27521-35.867312%-29.993089%-20.594333%-86.454734%86%12.923290%0.621977%13.545266%14%19622-36.760125%-31.879543%-18.172378%-86.812046%87%13.187954%0.000000%13.187954%13%12723-27.121464%-34.193012%-27.038270%-88.352745%88%10.898502%0.748752%11.647255%12%14024-32.399373%-34.448510%-22.080502%-88.928385%89%10.517512%0.554104%11.071615%11%1,059-32.722922%-34.283633%-21.974821%-88.981376%89%10.467173%0.551451%11.018624%11%1,059-29.117829%-37.692782%-22.393584%-89.204195%89%7.341147%3.454658%10.795805%11%17525-23.876765%-34.659820%-30.808729%-89.345315%89%10.205392%0.449294%10.654685%11%16626-35.420394%-23.792487%-32.737030%-91.949911%92%5.545617%2.504472%8.050089%8%4527-45.804898%-31.031714%-15.375351%-92.211963%92%6.824568%0.963468%7.788037%8%19428-19.887731%-37.770650%-34.883721%-92.542101%93%7.137129%0.320770%7.457899%7%9329-26.756497%-45.139557%-21.559192%-93.455245%93%5.774783%0.769971%6.544755%7%6830-33.290488%-27.634961%-33.676093%-94.601542%95%5.398458%0.000000%5.398458%5%8431-40.253566%-35.419968%-19.334390%-95.007924%95%4.992076%0.000000%4.992076%5%6332-32.038835%-34.088457%-29.665588%-95.792880%96%4.207120%0.000000%4.207120%4%3933

Mean Household Income of the Top 5% by Tract#14

Scope: households in Tract 070325, selected other tracts in DeSoto County, and entities that contain Tract 070325
$0k$200k$400k%#071110Tract 071110071000Tract 071000070900Tract 070900070721Tract 070721070310Tract 070310United States of AmericaUnited States070722Tract 070722SouthMemphis Metro AreaMemphis Area071120Tract 071120070630Tract 070630070830Tract 070830East South Central070811Tract 070811DeSoto County School DistrictDeSoto CountyDeSoto CountyDeSoto070620Tract 070620Mississippi070324Tract 070324070411Tract 070411070710Tract 070710071200Tract 071200070520Tract 070520070821Tract 070821070102Tract 070102070222Tract 070222070221Tract 070221070522Tract 070522DeSoto District 44Horn LakeZIP Code 38637ZIP 38637070812Tract 070812070210Tract 070210070323Tract 070323070322Tract 070322070822Tract 070822070325Tract 070325070610Tract 070610070101Tract 070101070421Tract 070421070412Tract 070412070521Tract 070521070422Tract 070422$438,987.000000$438,987.000000$439.0k+200.236%+200%1$423,361.000000$423,361.000000$423.4k+189.549%+190%2$412,460.000000$412,460.000000$412.5k+182.093%+182%3$392,029.000000$392,029.000000$392.0k+168.120%+168%4$389,340.000000$389,340.000000$389.3k+166.281%+166%5$358,316.000000$358,316.000000$358.3k+145.063%+145%$357,979.000000$357,979.000000$358.0k+144.832%+145%6$334,260.000000$334,260.000000$334.3k+128.610%+129%$321,600.000000$321,600.000000$321.6k+119.952%+120%$299,716.000000$299,716.000000$299.7k+104.984%+105%7$296,685.000000$296,685.000000$296.7k+102.911%+103%8$289,619.000000$289,619.000000$289.6k+98.079%+98.1%9$280,997.000000$280,997.000000$281.0k+92.182%+92.2%$264,792.000000$264,792.000000$264.8k+81.099%+81.1%10$262,319.000000$262,319.000000$262.3k+79.408%+79.4%$262,319.000000$262,319.000000$262.3k+79.408%+79.4%$253,902.000000$253,902.000000$253.9k+73.651%+73.7%11$247,853.000000$247,853.000000$247.9k+69.514%+69.5%$231,618.000000$231,618.000000$231.6k+58.410%+58.4%12$228,237.000000$228,237.000000$228.2k+56.098%+56.1%13$223,330.000000$223,330.000000$223.3k+52.742%+52.7%14$200,384.000000$200,384.000000$200.4k+37.048%+37.0%15$198,101.000000$198,101.000000$198.1k+35.487%+35.5%16$195,341.000000$195,341.000000$195.3k+33.599%+33.6%17$193,669.000000$193,669.000000$193.7k+32.456%+32.5%18$191,172.000000$191,172.000000$191.2k+30.748%+30.7%19$190,626.000000$190,626.000000$190.6k+30.375%+30.4%20$188,608.000000$188,608.000000$188.6k+28.994%+29.0%21$186,222.000000$186,222.000000$186.2k+27.363%+27.4%$167,857.000000$167,857.000000$167.9k+14.802%+14.8%$167,647.000000$167,647.000000$167.6k+14.659%+14.7%$162,402.000000$162,402.000000$162.4k+11.071%+11.1%22$162,168.000000$162,168.000000$162.2k+10.911%+10.9%23$160,116.000000$160,116.000000$160.1k+9.508%+9.51%24$158,049.000000$158,049.000000$158.0k+8.094%+8.09%25$153,361.000000$153,361.000000$153.4k+4.888%+4.89%26$146,214.000000$146,214.000000$146.2k+0.000%0%27$145,246.000000$145,246.000000$145.2k-0.662%-0.66%28$143,980.000000$143,980.000000$144.0k-1.528%-1.53%29$133,560.000000$133,560.000000$133.6k-8.654%-8.65%30$133,367.000000$133,367.000000$133.4k-8.786%-8.79%31$122,293.000000$122,293.000000$122.3k-16.360%-16.4%32$114,937.000000$114,937.000000$114.9k-21.391%-21.4%33

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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