Household Income Measure

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

• Context:
  • output: a Household Income Value.
  • It can (typically) reference a Personal Income Measure.
  • It can range from being a Nominal Household Income to being an Inflation-Adjusted Household Income.
  • It can range from being a Gross Household Income Measure to being a Net Household Income Measure.
  • It can range from being a Single Household Income to being a Population Statistic Household Income.
  • It can range from being a Lowest Household Income, Median Household Income, Average Household Income, Maximum Household Income.
  • It can be related to by a Household Income Change Rate.
  • …
• Example(s):
  • U.S. Household Income, Canada Household Income, Germany Household Income, ...
  • Household Net Disposable Income.
  • …
• Counter-Example(s):
  • Household Expenses Measure, such as a Cost-of-Living measure.
  • Household Net-Worth Measure.
  • …
• See: Cost of Living.

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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. ...

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