The Country Knolls neighborhood in Clifton Park has the smallest income inequality of any place in the nation, according to the Census Bureau (with a handful of statistical caveats). That is, there's very little distance between the high and low ends of the income distribution there (Gini index of 0.214). Or, to put it simply, almost everyone there has just about the same level of household income.
Notes the Census Bureau in the report, U.S. Neighborhood Income Inequality in the 2005-2009 Period:
Country Knolls CDP NY, part of the Albany Urbanized Area about halfway between Albany and Saratoga Springs NY (see Map 2), has the lowest measured income inequality (though not different from the others in the table because of the small sample sizes)--0.214, or 46 percent of the U.S. figure.21 In these small places with low inequality, sorting is likely the source of the homogeneity in income. For example, in Country Knolls in 2005-2009, 96 percent of the people were White non-Hispanic; 85 percent of households are married-couple households; 97 percent of the people at least 1 year old were living in the same residence 1 year earlier; 26 percent of people 25 years and over had a graduate or professional degree; the median income of households was $107,589; and only 9 of 609 housing units were renter-occupied (1.5 percent).
That median income would put a household somewhere close to the 80th percentile for income in the Capital Region.
A tip of the hat to the TU's Chris Churchill for noticing this. And The Biz Review talked about it with Clifton Park supervisor Phil Barrett, who lives in that neighborhood.
Earlier on AOA: Capital Region income distribution
map: US Census Bureau
Clifton Park, NY 12019
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