Gini Index represents a measure of how evenly income is distributed among residents. It highlights the concentration of wealth among a small group, which can have significant implications for the city's economic and social well-being.
The Gini Index is an equity issue for cities, as a higher index indicates greater income inequality, often affecting low-income and minority communities the most. Addressing this requires targeted policies, such as investing in affordable housing, education, workforce development, and social services to promote economic mobility and reduce disparities in income distribution.
An increasing Gini Index represents a worrying trend for the state of economic equality because it suggests that the benefits of growth and prosperity may not be trickling down to all segments of the population.