Household Income in Tract 061408, Iredell County, North Carolina (Tract)

Household Income Percentiles#1

Scope: households in Iredell County and Tract 061408
Tract 061408
Iredell County
$0k$50k$100k$150k$200k$250k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$250,001.000000$192,617.000000$250,001.000000> $250k408.565%409%$111,960.000000$103,544.000000$111,960.000000$112.0k182.971%183%$78,656.000000$66,472.000000$78,656.000000$78.7k128.544%129%$61,190.000000$53,937.000000$61,190.000000$61.2k100.000%100%$51,297.000000$42,668.000000$51,297.000000$51.3k83.832%83.8%$35,904.000000$23,679.000000$35,904.000000$35.9k58.676%58.7%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 061408, as a percentage more or less than Iredell County at large.
Scope: households in Iredell County and Tract 061408
0%20%40%$ref.80th Percentile60th PercentileMedian40th Percentile20th Percentile8.127946%8.127946%8.1%$111,960.000000$112.0k$103,544.000000$103.5k18.329522%18.329522%18.3%$78,656.000000$78.7k$66,472.000000$66.5k13.447170%13.447170%13.4%$61,190.000000$61.2k$53,937.000000$53.9k20.223587%20.223587%20.2%$51,297.000000$51.3k$42,668.000000$42.7k51.628025%51.628025%51.6%$35,904.000000$35.9k$23,679.000000$23.7k

Household Income Interval Means#3

Scope: households in Iredell County and Tract 061408
Tract 061408
Iredell County
$0k$100k$200k$300k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$366,961.000000$343,919.000000$366,961.000000$367.0k599.707%600%$206,370.000000$187,033.000000$206,370.000000$206.4k337.261%337%$95,905.000000$83,007.000000$95,905.000000$95.9k156.733%157%$62,491.000000$54,144.000000$62,491.000000$62.5k102.126%102%$42,888.000000$33,066.000000$42,888.000000$42.9k70.090%70.1%$16,331.000000$13,045.000000$16,331.000000$16.3k26.689%26.7%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 061408, as a percentage more or less than Iredell County at large.
Scope: households in Iredell County and Tract 061408
0%10%20%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%6.699833%6.699833%6.7%$366,961.000000$367.0k$343,919.000000$343.9k10.338817%10.338817%10.3%$206,370.000000$206.4k$187,033.000000$187.0k15.538449%15.538449%15.5%$95,905.000000$95.9k$83,007.000000$83.0k15.416297%15.416297%15.4%$62,491.000000$62.5k$54,144.000000$54.1k29.704228%29.704228%29.7%$42,888.000000$42.9k$33,066.000000$33.1k25.189728%25.189728%25.2%$16,331.000000$16.3k$13,045.000000$13.0k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Iredell County and Tract 061408
Tract 061408
Iredell County
0%10%20%30%40%50%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%21.640000%23.220000%21.640000%21.6%432.800000%433%48.670000%50.510000%48.670000%48.7%243.350000%243%22.620000%22.420000%22.620000%22.6%113.100000%113%14.740000%14.620000%14.740000%14.7%73.700000%74%10.120000%8.930000%10.120000%10.1%50.600000%51%3.850000%3.520000%3.850000%3.9%19.250000%19%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 061408, as a percentage more or less than in Iredell County at large.
Scope: households in Iredell County and Tract 061408
5%0%5%10%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-6.804479%-6.804479%6.8%21.640000%22%23.220000%23%-3.642843%-3.642843%3.6%48.670000%49%50.510000%51%0.892061%0.892061%0.9%22.620000%23%22.420000%22%0.820793%0.820793%0.8%14.740000%15%14.620000%15%13.325868%13.325868%13.3%10.120000%10%8.930000%9%9.375000%9.375000%9.4%3.850000%4%3.520000%4%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Iredell County.
Scope: households in Iredell County, Tract 061408, and other tracts in Iredell County
Tract 061408
Iredell County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%2%4%6%8%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< $10k2846.542%6.54%524.050%4.05%332.570%2.57%19815.421%15.4%16713.006%13.0%1189.190%9.19%13510.514%10.5%584.517%4.52%1209.346%9.35%816.308%6.31%201.558%1.56%171.324%1.32%513.972%3.97%211.636%1.64%463.583%3.58%836.464%6.46%

Median Household Income by Race#8

Scope: households in Iredell County and Tract 061408
Tract 061408
Iredell County
$0k$20k$40k$60k$80k%BlackAll1Non-Hispanic WhiteAll White2$83,036.000000$31,749.000000$83,036.000000$83.0k135.701912%136%$61,190.000000$53,937.000000$61,190.000000$61.2k100.000000%100%$57,292.000000$57,416.000000$57,292.000000$57.3k93.629678%94%$56,771.000000$56,717.000000$56,771.000000$56.8k92.778232%93%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 061408
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$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%168100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%104100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%6670.202020%70%0.000000%0.000000%22.727273%23%0.000000%7.070707%7%33787.425150%87%0.000000%0.000000%8.383234%8%0.000000%4.191617%31396.610169%97%3.389831%0.000000%0.000000%0.000000%0.000000%23286.666667%87%0.000000%0.000000%13.333333%13%0.000000%0.000000%252100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%116100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%24082.716049%83%11.111111%11%0.000000%6.172840%0.000000%0.000000%148100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%40100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%34100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%102100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%42100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%9263.855422%64%0.000000%0.000000%36.144578%36%0.000000%0.000000%1360%20%40%60%80%100%Count

Household Income by Tract in Iredell County

There are 44 tracts in Iredell County. This section compares Tract 061408 to all of the tracts in Iredell County and to those entities that contain or substantially overlap with Tract 061408.

Median Household Income by Tract#10

Scope: households in Tract 061408, selected other tracts in Iredell County, and entities that contain Tract 061408
$0k$50k$100k%#061406Tract 061406061404Tract 061404061401Tract 061401061405Tract 061405061204Tract 061204061407Tract 061407060602Tract 060602061502Tract 061502061402Tract 061402061303Tract 061303061201Tract 061201060703Tract 060703061205Tract 061205061602Tract 061602061503Tract 061503061203Tract 061203061408Tract 061408061403Tract 061403Coddle Creek TownshipCoddle CrkUnited States of AmericaUnited StatesCharlotte, Concord, and Gastonia Metro AreaCharlotte061202Tract 061202Iredell CountyIredellSouth Atlantic061304Tract 061304060702Tract 060702South061101Tract 061101061103Tract 061103060802Tract 060802060901Tract 060901061104Tract 061104061501Tract 061501North CarolinaN Carolina060701Tract 060701061001Tract 061001061002Tract 061002060603Tract 060603061302Tract 061302060902Tract 060902061003Tract 061003061102Tract 061102061301Tract 061301061601Tract 061601060500Tract 060500060601Tract 060601060100Tract 060100060801Tract 060801060200Tract 060200060300Tract 060300060400Tract 060400$125,329.000000$125,329.000000$125.3k+104.819%+105%1$104,773.000000$104,773.000000$104.8k+71.226%+71.2%2$104,625.000000$104,625.000000$104.6k+70.984%+71.0%3$86,667.000000$86,667.000000$86.7k+41.636%+41.6%4$86,211.000000$86,211.000000$86.2k+40.891%+40.9%5$86,058.000000$86,058.000000$86.1k+40.641%+40.6%6$84,196.000000$84,196.000000$84.2k+37.598%+37.6%7$81,691.000000$81,691.000000$81.7k+33.504%+33.5%8$78,836.000000$78,836.000000$78.8k+28.838%+28.8%9$71,136.000000$71,136.000000$71.1k+16.254%+16.3%10$70,179.000000$70,179.000000$70.2k+14.690%+14.7%11$68,343.000000$68,343.000000$68.3k+11.690%+11.7%12$65,054.000000$65,054.000000$65.1k+6.315%+6.31%13$64,626.000000$64,626.000000$64.6k+5.615%+5.62%14$62,393.000000$62,393.000000$62.4k+1.966%+1.97%15$62,378.000000$62,378.000000$62.4k+1.941%+1.94%16$61,190.000000$61,190.000000$61.2k+0.000%0%17$59,077.000000$59,077.000000$59.1k-3.453%-3.45%18$57,429.000000$57,429.000000$57.4k-6.146%-6.15%$55,322.000000$55,322.000000$55.3k-9.590%-9.59%$55,191.000000$55,191.000000$55.2k-9.804%-9.80%$53,969.000000$53,969.000000$54.0k-11.801%-11.8%19$53,937.000000$53,937.000000$53.9k-11.853%-11.9%$52,868.000000$52,868.000000$52.9k-13.600%-13.6%$52,500.000000$52,500.000000$52.5k-14.202%-14.2%20$51,325.000000$51,325.000000$51.3k-16.122%-16.1%21$51,236.000000$51,236.000000$51.2k-16.267%-16.3%$51,203.000000$51,203.000000$51.2k-16.321%-16.3%22$50,036.000000$50,036.000000$50.0k-18.228%-18.2%23$50,030.000000$50,030.000000$50.0k-18.238%-18.2%24$49,929.000000$49,929.000000$49.9k-18.403%-18.4%25$48,906.000000$48,906.000000$48.9k-20.075%-20.1%26$48,438.000000$48,438.000000$48.4k-20.840%-20.8%27$48,256.000000$48,256.000000$48.3k-21.137%-21.1%$47,833.000000$47,833.000000$47.8k-21.829%-21.8%28$47,324.000000$47,324.000000$47.3k-22.661%-22.7%29$46,682.000000$46,682.000000$46.7k-23.710%-23.7%30$46,523.000000$46,523.000000$46.5k-23.970%-24.0%31$46,380.000000$46,380.000000$46.4k-24.203%-24.2%32$44,219.000000$44,219.000000$44.2k-27.735%-27.7%33$43,487.000000$43,487.000000$43.5k-28.931%-28.9%34$42,917.000000$42,917.000000$42.9k-29.863%-29.9%35$40,893.000000$40,893.000000$40.9k-33.170%-33.2%36$36,875.000000$36,875.000000$36.9k-39.737%-39.7%37$35,735.000000$35,735.000000$35.7k-41.600%-41.6%38$35,174.000000$35,174.000000$35.2k-42.517%-42.5%39$35,156.000000$35,156.000000$35.2k-42.546%-42.5%40$34,118.000000$34,118.000000$34.1k-44.243%-44.2%41$30,111.000000$30,111.000000$30.1k-50.791%-50.8%42$25,729.000000$25,729.000000$25.7k-57.952%-58.0%43$25,140.000000$25,140.000000$25.1k-58.915%-58.9%44

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 061408, selected other tracts in Iredell County, and entities that contain Tract 061408
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%50%Count#061406Tract 061406061401Tract 061401061404Tract 061404061405Tract 061405061204Tract 061204060602Tract 060602061407Tract 061407061502Tract 061502061402Tract 061402061303Tract 061303061408Tract 061408061203Tract 061203061205Tract 061205061503Tract 061503061201Tract 061201061403Tract 061403United States of AmericaUnited StatesCharlotte, Concord, and Gastonia Metro AreaCharlotteCoddle Creek TownshipCoddle CrkSouth AtlanticSouth061602Tract 061602060702Tract 060702060703Tract 060703Iredell CountyIredell061101Tract 061101North CarolinaN Carolina061501Tract 061501061202Tract 061202061003Tract 061003061302Tract 061302061001Tract 061001060802Tract 060802061002Tract 061002060100Tract 060100060902Tract 060902061103Tract 061103061104Tract 061104061601Tract 061601061304Tract 061304060500Tract 060500060901Tract 060901061102Tract 061102060701Tract 060701060603Tract 060603060801Tract 060801060601Tract 060601061301Tract 061301060300Tract 060300060400Tract 060400060200Tract 060200-24.295554%-10.018785%-7.952411%-42.266750%42%25.297433%32.435817%57.733250%58%9221-23.694268%-12.420382%-10.000000%-46.114650%46%30.828025%23.057325%53.885350%54%8462-25.174825%-11.305361%-12.354312%-48.834499%49%32.051282%19.114219%51.165501%51%4393-31.679389%-17.099237%-7.480916%-56.259542%56%35.038168%8.702290%43.740458%44%5734-32.497911%-17.042607%-8.521303%-58.061821%58%26.984127%14.954052%41.938179%42%5025-24.965894%-21.964529%-12.551160%-59.481583%59%25.784447%14.733970%40.518417%41%2976-26.279217%-22.615287%-10.675932%-59.570436%60%25.900190%14.529375%40.429564%40%6407-30.883503%-12.275215%-16.653636%-59.812353%60%38.702111%1.485536%40.187647%40%5148-28.764382%-19.959980%-15.657829%-64.382191%64%27.863932%7.753877%35.617809%36%7129-38.494492%-12.301102%-17.258262%-68.053856%68%28.212974%3.733170%31.946144%32%52210-32.710280%-23.052960%-15.654206%-71.417445%71%22.040498%6.542056%28.582555%29%36711-29.132948%-28.901734%-13.641618%-71.676301%72%23.872832%4.450867%28.323699%28%49012-38.198324%-16.270950%-17.667598%-72.136872%72%21.578212%6.284916%27.863128%28%39913-35.479356%-23.512946%-14.345696%-73.337999%73%23.023093%3.638908%26.662001%27%38114-33.912387%-23.867069%-15.634441%-73.413897%73%24.622356%1.963746%26.586103%27%35215-34.840989%-21.272085%-18.515901%-74.628975%75%22.332155%3.038869%25.371025%25%35916-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-30.634733%-24.372740%-20.980206%-75.987678%76%18.266630%5.745691%24.012322%24%212,729213k-33.260870%-24.974916%-18.344482%-76.580268%77%19.857860%3.561873%23.419732%23%2,801-29.646377%-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-41.279070%-24.145007%-12.995896%-78.419973%78%17.681259%3.898769%21.580027%22%63117-30.162866%-23.127036%-25.146580%-78.436482%78%17.915309%3.648208%21.563518%22%33118-45.040214%-11.796247%-21.805183%-78.641644%79%20.643432%0.714924%21.358356%21%23919-32.343315%-24.954631%-21.389915%-78.687861%79%16.686111%4.626029%21.312139%21%13,15313.2k-33.834586%-31.860902%-14.567669%-80.263158%80%18.045113%1.691729%19.736842%20%21020-29.615830%-26.132544%-25.350187%-81.098561%81%14.990255%3.911184%18.901439%19%721,164721k-30.201863%-28.416149%-23.524845%-82.142857%82%14.518634%3.338509%17.857143%18%23021-36.013036%-21.618685%-25.149375%-82.781097%83%14.720261%2.498642%17.218903%17%31722-30.632411%-29.051383%-25.494071%-85.177866%85%14.163373%0.658762%14.822134%15%22523-32.645403%-26.954346%-26.141338%-85.741088%86%12.757974%1.500938%14.258912%14%22824-35.078864%-35.835962%-15.962145%-86.876972%87%11.167192%1.955836%13.123028%13%20825-36.971560%-27.132975%-22.828593%-86.933128%87%13.066872%0.000000%13.066872%13%17026-35.545906%-26.178660%-25.930521%-87.655087%88%11.848635%0.496278%12.344913%12%19927-22.418605%-37.534884%-27.953488%-87.906977%88%10.930233%1.162791%12.093023%12%26028-32.848233%-33.471933%-21.621622%-87.941788%88%11.018711%1.039501%12.058212%12%17429-38.247683%-30.918281%-19.039596%-88.205560%88%11.794440%0.000000%11.794440%12%14030-37.853107%-24.067797%-26.327684%-88.248588%88%11.299435%0.451977%11.751412%12%10431-25.325239%-34.778838%-28.620989%-88.725065%89%9.106678%2.168257%11.274935%11%13032-41.375770%-31.673511%-16.067762%-89.117043%89%10.882957%0.000000%10.882957%11%21233-31.912145%-25.258398%-32.364341%-89.534884%90%8.656331%1.808786%10.465116%10%16234-40.534835%-31.949331%-18.156228%-90.640394%91%5.840957%3.518649%9.359606%9%13335-32.843137%-31.454248%-26.715686%-91.013072%91%5.473856%3.513072%8.986928%9%11036-39.102564%-25.549451%-26.831502%-91.483516%91%7.417582%1.098901%8.516484%9%9337-39.487179%-27.521368%-26.153846%-93.162393%93%6.153846%0.683761%6.837607%7%4038-20.783133%-37.575301%-35.090361%-93.448795%93%5.873494%0.677711%6.551205%7%8739-30.451128%-24.973147%-39.151450%-94.575725%95%5.424275%0.000000%5.424275%5%10140-37.878788%-33.225108%-25.432900%-96.536797%97%3.463203%0.000000%3.463203%3%3241-19.952494%-28.978622%-48.337292%-97.268409%97%2.731591%0.000000%2.731591%3%2342-23.260073%-24.481074%-49.633700%-97.374847%97%2.625153%0.000000%2.625153%3%4343-22.727273%-38.292011%-38.154270%-99.173554%99%0.826446%0.000000%0.826446%1%644

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

Scope: households in Tract 061408, selected other tracts in Iredell County, and entities that contain Tract 061408
$0k$500k$1,000k%#061406Tract 061406061401Tract 061401060602Tract 060602061404Tract 061404061205Tract 061205061204Tract 061204061407Tract 061407061503Tract 061503061408Tract 061408Charlotte, Concord, and Gastonia Metro AreaCharlotteUnited States of AmericaUnited States061402Tract 061402South AtlanticIredell CountyIredellSouthNorth CarolinaN Carolina061405Tract 061405061203Tract 061203060703Tract 060703Coddle Creek TownshipCoddle Crk061202Tract 061202061501Tract 061501060901Tract 060901060702Tract 060702061601Tract 061601061303Tract 061303061102Tract 061102061602Tract 061602060902Tract 060902061201Tract 061201061001Tract 061001061502Tract 061502061403Tract 061403060500Tract 060500061003Tract 061003061101Tract 061101061302Tract 061302060801Tract 060801060802Tract 060802060100Tract 060100060701Tract 060701061002Tract 061002061103Tract 061103060603Tract 060603061104Tract 061104061304Tract 061304060601Tract 060601060400Tract 060400060300Tract 060300060200Tract 060200061301Tract 061301$1,087,018.000000$1,087,018.000000$1,087.0k+196.222%+196%1$789,892.000000$789,892.000000$789.9k+115.252%+115%2$638,306.000000$638,306.000000$638.3k+73.944%+73.9%3$523,020.000000$523,020.000000$523.0k+42.527%+42.5%4$470,860.000000$470,860.000000$470.9k+28.313%+28.3%5$450,197.000000$450,197.000000$450.2k+22.683%+22.7%6$414,240.000000$414,240.000000$414.2k+12.884%+12.9%7$373,473.000000$373,473.000000$373.5k+1.775%+1.77%8$366,961.000000$366,961.000000$367.0k+0.000%0%9$360,704.000000$360,704.000000$360.7k-1.705%-1.71%$358,316.000000$358,316.000000$358.3k-2.356%-2.36%$351,228.000000$351,228.000000$351.2k-4.287%-4.29%10$347,004.000000$347,004.000000$347.0k-5.438%-5.44%$343,919.000000$343,919.000000$343.9k-6.279%-6.28%$334,260.000000$334,260.000000$334.3k-8.911%-8.91%$306,893.000000$306,893.000000$306.9k-16.369%-16.4%$293,565.000000$293,565.000000$293.6k-20.001%-20.0%11$292,331.000000$292,331.000000$292.3k-20.337%-20.3%12$291,902.000000$291,902.000000$291.9k-20.454%-20.5%13$277,806.000000$277,806.000000$277.8k-24.295%-24.3%$273,128.000000$273,128.000000$273.1k-25.570%-25.6%14$263,722.000000$263,722.000000$263.7k-28.134%-28.1%15$257,864.000000$257,864.000000$257.9k-29.730%-29.7%16$253,780.000000$253,780.000000$253.8k-30.843%-30.8%17$250,752.000000$250,752.000000$250.8k-31.668%-31.7%18$248,687.000000$248,687.000000$248.7k-32.231%-32.2%19$243,695.000000$243,695.000000$243.7k-33.591%-33.6%20$242,926.000000$242,926.000000$242.9k-33.801%-33.8%21$237,047.000000$237,047.000000$237.0k-35.403%-35.4%22$224,889.000000$224,889.000000$224.9k-38.716%-38.7%23$224,378.000000$224,378.000000$224.4k-38.855%-38.9%24$223,593.000000$223,593.000000$223.6k-39.069%-39.1%25$211,571.000000$211,571.000000$211.6k-42.345%-42.3%26$193,906.000000$193,906.000000$193.9k-47.159%-47.2%27$188,005.000000$188,005.000000$188.0k-48.767%-48.8%28$187,097.000000$187,097.000000$187.1k-49.014%-49.0%29$181,570.000000$181,570.000000$181.6k-50.521%-50.5%30$180,199.000000$180,199.000000$180.2k-50.894%-50.9%31$171,707.000000$171,707.000000$171.7k-53.208%-53.2%32$169,534.000000$169,534.000000$169.5k-53.801%-53.8%33$168,566.000000$168,566.000000$168.6k-54.064%-54.1%34$165,382.000000$165,382.000000$165.4k-54.932%-54.9%35$153,741.000000$153,741.000000$153.7k-58.104%-58.1%36$149,082.000000$149,082.000000$149.1k-59.374%-59.4%37$140,117.000000$140,117.000000$140.1k-61.817%-61.8%38$121,706.000000$121,706.000000$121.7k-66.834%-66.8%39$117,755.000000$117,755.000000$117.8k-67.911%-67.9%40$115,213.000000$115,213.000000$115.2k-68.603%-68.6%41$108,505.000000$108,505.000000$108.5k-70.431%-70.4%42$105,850.000000$105,850.000000$105.9k-71.155%-71.2%43$105,164.000000$105,164.000000$105.2k-71.342%-71.3%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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