NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Income Inequality in Lake of the Woods County, MN Series ID: 2020RATIO027077 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 11:32 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 10.9647329782640000 2011-01-01 11.9892598451419530 2012-01-01 10.6146345460504750 2013-01-01 8.2967958213144150 2014-01-01 7.3150751333010176 2015-01-01 7.8528565876408860 2016-01-01 7.2542766019135980 2017-01-01 7.4460964019008820 2018-01-01 8.0144438444924400 2019-01-01 9.0104003419290500 2020-01-01 9.3266962154790320 2021-01-01 9.6087009879118860 2022-01-01 11.1933371119088100