Households: Average Household Income

Average income is obtained by dividing the aggregate income of a particular geographic area by the number of household units in that geographic area.

Disposable Household Income

A measure of a household's disposable income from salary and wages, dividends, interest, profits less all government taxes. Two data points are reported; current year estimate and five year projection.

Categories reported:

  • Less than $15,000

  • $15,000 to $24,999

  • $25,000 to $34,999

  • $35,000 to $49,999

  • $50,000 to $74,999

  • $75,000 to $99,999

  • $100,000 to $124,999

  • $125,000 to $149,999

  • $150,000 to $199,999

  • $200,000 or more

Households: Per Capita Income

Per capita income is the mean income computed for every man, woman, and child in a particular group. It is derived by dividing the total income of a particular group by the total population in that group.

Two data points are provided, current year and five year forecast.

Household Income Forecast

Household Income Forecast is the total money received in the stated calendar year by all household members 15-years-old and over.

Household income differs from family household income by including income from all persons age 15 years and older in all households, including persons living alone and other non-family households. The income is presented in terms of current dollars for the particular year in question.

'Total income is the sum of the amounts reported separately for wage or salary income; net self-employment income; interest, dividends, or net rental or royalty income or income from estates and trusts; social security or railroad retirement income; Supplemental Security Income (SSI); public assistance or welfare payments; retirement, survivor, or disability pensions; and all other income.

Receipts from the following sources are not included as income: capital gains, money received from the sale of property (unless the recipient was engaged in the business of selling such property); the value of income ''in kind'' from food stamps, public housing subsidies, medical care, employer contributions for individuals, etc.; withdrawal of bank deposits; money borrowed; tax refunds; exchange of money between relatives living in the same household; and gifts and lump-sum inheritances, insurance payments, and other types of lump-sum receipts.

Median income is that point where there are as many households with incomes greater than the median as there are households with incomes less than the median. Two data points are provided, current year and five year projection.

Categories reported:

  • Less than $15,000

  • $15,000 to $24,999

  • $25,000 to $34,999

  • $35,000 to $49,999

  • $50,000 to $74,999

  • $75,000 to $99,999

  • $100,000 to $124,999

  • $125,000 to $149,999

  • $150,000 to $199,999

  • $200,000 or more

Family Household Income Forecast

Total money received in a stated calendar year for all family household members 15 years old and over. The income is presented in terms of current dollars for the particular year in question. Two date points are provided.

Categories reported:

  • Less than $15,000

  • $15,000 to $24,999

  • $25,000 to $34,999

  • $35,000 to $49,999

  • $50,000 to $74,999

  • $75,000 to $99,999

  • $100,000 to $124,999

  • $125,000 to $149,999

  • $150,000 to $199,999

  • $200,000 or more

Nonfamily Household Income Forecast

Total money received in a stated calendar year for nonfamily household members 15 years old and over. The income is presented in terms of current dollars for the particular year in question. Two date points are provided.

Categories reported:

  • Less than $15,000

  • $15,000 to $24,999

  • $25,000 to $34,999

  • $35,000 to $49,999

  • $50,000 to $74,999

  • $75,000 to $99,999

  • $100,000 to $124,999

  • $125,000 to $149,999

  • $150,000 to $199,999

  • $200,000 or more

Asset to Debt

Asset to Debt reflects the number of households with the following characteristics. This variable provides insight into the level of capital available in a defined area vis-à-vis debt loads. A single data year is reported.

  • Owning any financial assets

  • Owning any non-financial assets

  • With any debt