Cooper Gini Index of Income Inequality
The Gini Index, or Gini coefficient, is a statistical measure of distribution that is often used to track economic inequality. It measures how wealth is distributed in a given population. The output is a value between 0 and 1. In Cooper and throughout the country, Gini Index is a major focus of the American Community Survey (ACS), conducted each year by the U.S. Census Bureau.
Higher values mean greater inequality. A Gini value of 0 means a perfectly equal society, where everyone's income is the same. A value of 1, on the other hand, represents perfect inequality—a society in which only one person or group has all the wealth. This report uses ACS 5-year estimates for Cooper housing data, rather than single-year periods. The 5-year estimates provide greater geographical granularity and accuracy, with a less granular time period.
How does the Gini Index of Cooper compare to that of Maine and the United States?
About the Data
Data is from the U.S. Census Bureau's American Community Survey (ACS), 5-year estimates, table B19083. This report uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.