U.S. Household Income

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A U.S. Household Income is an Household Income Measure for a U.S. Household.



References

2014

  • http://en.wikipedia.org/wiki/Household_income_in_the_United_States#Definition
    • QUOTE: A household's income can be calculated various ways but the US Census as of 2009 measured it the following way: the income of every resident over the age of 15, including wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely.[1]

      The residents of the household do not have to be related to the head of the household for their earnings to be considered part of the household's income.[2] As households tend to share a similar economic context, the use of household income remains among the most widely accepted measures of income. That the size of a household is not commonly taken into account in such measures may distort any analysis of fluctuations within or among the household income categories, and may render direct comparisons between quintiles difficult or even impossible.[3]

2003