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 Franklin city, VA Series ID: 2020RATIO051620 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 11:11 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 18.900096993210475 2011-01-01 14.218797953964195 2012-01-01 14.147684130599847 2013-01-01 14.861054766734280 2014-01-01 14.194042349563345 2015-01-01 12.538149197355997 2016-01-01 12.876694991864039 2017-01-01 12.006480356419603 2018-01-01 12.558492833233199 2019-01-01 11.429157175398633 2020-01-01 10.281554192229040 2021-01-01 11.938820229643264 2022-01-01 15.990278992903665