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Title:               Income Inequality in Gogebic County, MI
Series ID:           2020RATIO026053
Source:              U.S. Census Bureau
Release:             Income Inequality (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Ratio
Date Range:          2010-01-01 to 2022-01-01
Last Updated:        2023-12-07 10:43 AM CST
Notes:               This data represents the ratio of the mean income for the highest
                     quintile (top 20 percent) of earners divided by the mean income of the
                     lowest quintile (bottom 20 percent) of earners in a particular county.
                     Multiyear estimates from the American Community Survey (ACS) are
                     "period" estimates derived from a data sample collected over a period
                     of time, as opposed to "point-in-time" estimates such as those from
                     past decennial censuses. ACS 5-year estimate includes data collected
                     over a 60-month period. The date of the data is the end of the 5-year
                     period. For example, a value dated 2014 represents data from 2010 to
                     2014. However, they  do  not  describe  any  specific day, month, or
                     year within that time period.
                     
                     Multiyear  estimates  require  some  considerations  that  single-year
                      estimates  do  not.  For  example,  multiyear  estimates released in
                     consecutive years consist mostly of overlapping years and shared data.
                     The 2010–2014 ACS 5-year estimates share sample data from 2011
                     through 2014 with the 2011–2015 ACS 5-year estimates. Because of
                     this overlap, users should use extreme caution in making comparisons
                     with consecutive years of multiyear estimates.
                     
                     Please see "Section 3: Understanding and Using ACS Single-Year and
                     Multiyear Estimates" on publication page 13 (file page 19) of the 2018
                     ACS General Handbook for a more thorough clarification.
                     https://www.census.gov/content/dam/Census/library/publications/2018/acs/acs_general_handbook_2018.pdf

DATE                     VALUE
2010-01-01  10.968535529511140
2011-01-01  11.357572054180670
2012-01-01  12.519950265626766
2013-01-01  11.952923144296037
2014-01-01  11.830186666666666
2015-01-01  13.527385262174471
2016-01-01  13.497747240369453
2017-01-01  14.254220121539500
2018-01-01  16.246373500856652
2019-01-01  15.855977374088981
2020-01-01  15.574708014498590
2021-01-01  15.732757774943590
2022-01-01  14.937361890192080