What is this indicator?
Income disparity is an important indicator of the economic strength of the community. This indicator measures the percent of the population earning more than $100,000 per year.
Why is it important?
Income disparity in the city is a geographic as well as an economic issue. The presumption is that equal numbers of rich and poor living in a community foster an economic and social equilibrium. Such would theoretically be the case if this ratio is "1.0", a state of income parity. Large income disparity, however, can cause inequalities in access to city and social services, resources and well-being. It also threatens the long-term stability of the economy and the community.