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Household Income

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13y ago

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What does HHI 100k plus mean?

HHI 100k plus refers to a Household Income of $100,000 or more. This indicates that the household earns an annual income of at least $100,000 before taxes. It is used as a demographic indicator to identify higher income households.


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The Herfindahl-Hirschman Index (HHI) is a measure of market concentration used to assess the level of competition within an industry. It is calculated by summing the squares of the market shares of all firms in the market, resulting in a value ranging from 0 to 10,000. A higher HHI indicates greater concentration and less competition, while a lower HHI suggests a more competitive market. The HHI is often used by regulatory agencies to evaluate potential mergers and acquisitions.


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