Income Gini Ratio of Families by Race of Householder, Asian Alone
This dataset tracks income gini ratio of families by race of householder, asian alone over time.
Latest Value
0.44
Year-over-Year Change
0.68%
Date Range
1/1/2002 - 1/1/2023
Summary
Measures income inequality specifically for Asian households in the United States. Provides critical insight into economic disparities within racial demographics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Calculates income distribution variation for Asian households using the Gini coefficient. Helps understand economic stratification within this demographic group.
Methodology
Calculated using Census Bureau income survey data and Gini coefficient method.
Historical Context
Used to analyze economic disparities and income distribution among Asian households.
Key Facts
- Measures income distribution variation
- Specific to Asian household demographics
- Uses standard Gini coefficient methodology
FAQs
Q: What does the Gini ratio indicate?
A: Measures income inequality, with 0 representing perfect equality and 1 representing maximum inequality.
Q: How is this different from other income measures?
A: Provides a comprehensive view of income distribution, not just average or median income.
Q: Why track this specific demographic?
A: Helps understand economic variations within specific racial groups and identify unique economic challenges.
Q: How often is this data updated?
A: Typically updated annually by the U.S. Census Bureau.
Q: What can this data tell us?
A: Reveals income distribution patterns and economic opportunities within the Asian household demographic.
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Citation
U.S. Federal Reserve, Income Gini Ratio of Families by Race of Householder, Asian Alone (GINIAAF), retrieved from FRED.