Household Income

Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like food stamps, and investment gains.

Average household income can be used as an indicator for the monetary well-being of a country's citizens. Mean or median net household income, after taxes and mandatory contributions, are good indicators of standard of living, because they include only disposable income and acknowledge people sharing accommodation benefit from pooling at least some of their living costs.

Average household incomes need not map directly to measures of an individual's earnings such as per capita income as numbers of people sharing households and numbers of income earners per household can vary significantly between regions and over time.

Read more about Household Income:  International Comparison, National Accounts Adjustment

Other articles related to "household income, household incomes, income, household, households":

Indian American - Socioeconomic - Economics
... Census, Indian Americans had the highest household income of all ethnic groups in the United States ... Median Household Income 2009 Ethnicity Household Income Indians $88,538 Filipinos $75,146 Chinese $69,037 Japanese $64,197 Koreans $53,025 Total US Population $50,221 ...
Marble, North Carolina - Economy - Household Income
1.7% of Marble individuals are unemployed with 3.9% living below poverty ... Median household income is $28,553 ...
Terra Losa, Edmonton - Household Income
... Average household incomes in Terra Losa are comparable to, if slightly below, those in Edmonton ... Income By Household - 2001 Census Income Range ($) Terra Losa Edmonton (% of Households) (% of Households) Under $10,000 3.8% 6.3% $10,000-$19,999 9.7% 12.4% $20,000-$29,999 16.2 ...
Singaporean People - Household Income - Household Income Disparity
... The disparity in household income had widened in 2000, reflecting the faster income growth for the higher-income households ... The Gini coefficient, a measure of income inequality, rose from 0.446 in 1998 to 0.481 in 2000 ... Other measures of income inequality also indicated similar trend of increasing disparity in household income.In the United Nations Development Programme Report 2004 ...
National Accounts Adjustment - National Accounts Adjusted Mean Equivalized Disposable Household Income (PPP) $
... Rank Country 2004 Mean Income (PPP) Growth (2004-2010) 2010 Mean Income (PPP) 1 United States 42,480 17.8% 50,041 2 Switzerland 33,730 29% 43,511 3 Norway 27,963 33% 37,190 4 Australia 24,216 ...

Famous quotes containing the words income and/or household:

    You boast of spending a tenth part of your income in charity; maybe you should spend the nine tenths so, and done with it.
    Henry David Thoreau (1817–1862)

    I am an inveterate homemaker, it is at once my pleasure, my recreation, and my handicap. Were I a man, my books would have been written in leisure, protected by a wife and a secretary and various household officials. As it is, being a woman, my work has had to be done between bouts of homemaking.
    Pearl S. Buck (1892–1973)