Households have sufficient income to afford a decent standard of living
Gini Coefficient (net income after housing costs)
Current Value
0.43
Definition
An internationally used measure of income inequality, which aims to summarise the degree of sharing of income across households. A Gini coefficient of 0 indicates that income is evenly spread across households, with each household receiving the same proportion of income (i.e. complete equality); whilst a Gini coefficient of 1 would represent a single household in the population receiving all the income and the rest of the population receiving nothing (i.e. complete inequality). The Gini Coefficient published considers the net income after housing costs.
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What is this about?
Clear Impact Suite is an easy-to-use, web-based software platform that helps your staff collaborate with external stakeholders and community partners by utilizing the combination of data collection, performance reporting, and program planning.