Examples of household income in the following topics:
-
- They reported the mean household income and the median age of theatergoers.
- It is likely that they wanted to emphasize that theatergoers had high income but de-emphasize how old they are.
- The distributions of income and age of theatergoers probably have positive skew.
- Therefore the mean is probably higher than the median, which results in higher income and lower age than if the median household income and mean age had been presented.
-
- Table 2.6 suggests three distributions for household income in the United States.
- For instance, the distribution of US household incomes is shown in Figure 2.7 as a bar plot.
- One of the three was said to be the actual distribution of US household incomes, so it must be (c).
-
- Individual and household income remains one of the most prominent indicators of class status within the United States.
- Census Bureau data on household incomes is used to inform welfare policy, as benefits are distributed based on expectations about what income is needed to access basic resources like food and healthcare.
- However, in a dual-income household the combined income of both earners, even if they hold relatively low status jobs, can put the household in the upper middle class income bracket.
- Census Bureau in terms of either household or individual income and remains one of the most prominent indicators of class status.
- In other words, income does not determine the status of an individual or household but rather reflects that status.
-
- The two statistics spring from different traditions of measurement: personal income from national economic accounts and money income from household surveys.
- Personal income also includes income received by nonprofit institutions serving households, by private non-insured welfare funds, and by private trust funds.
- BEA publishes disposable personal income, which measures the income available to households after paying federal and state and local government income taxes.
- The Census Bureau releases estimates of household money income as medians, percent distributions by income categories, and on a per capita basis.
- Estimates are available by demographic characteristics of householders and by the composition of households.
-
- This equation means that the expenditure of buyers (households) becomes income for sellers (firms).
- The firms spend the income on factors of production, which "transfers" the income to the factor owners.
- The factor owners spend the income on goods which leads to the circular flow of payments .
- This circular flow is ongoing between households and firms.
- The circular flow model shows the flow of payments between households and firms.
-
- Family life, including marriage, childbearing and household composition are strongly influenced by social class.
- Family life - marriage and childbearing patterns, household composition, and home stability - are strongly influenced by social class.
- Demographers have identified a direct relationship between average number of children per household and the economic development of a nation.
- For example, single-parent households are likely to have a lower social class because they violate social norms.
- This graph shows that among all races and ethnicities, low income households are more likely to experience divorce than middle and high income households are.
-
- The top .01% of the population, with an annual income of $9.5 million or more, received 5% of the income of the United States in 2007.
- While the vast majority of people and households derive their income from salaries, those in the upper class derive their income primarily from investments and capital gains.
- The rich constitute roughly 5% of U.S. households and their wealth is largely in the form of home equity.
- This demographic constitutes roughly 0.9% of American households.
- The top .01% of the population, with an annual income of $9.5 million or more, received 5% of the income of the United States in 2007.
-
- Though low income is the primary cause of female poverty, there are many interrelated sources of this problem.
- Lack of income deprives women of basic needs, such as food and shelter, and limits their opportunities for advancement.
- Lone mother households, or households without a second parent or guardian, are the households with the highest risk of poverty.
- Female headed households (where no male is present) are most susceptible to poverty because they have fewer income earners to provide financial support within the household.
- Poor health reduced women's ability to earn income, and, thus, is a key factor increasing and perpetuating household poverty.
-
- Spending by households (not government) on new houses is also included in Investment.
- The income approach looks at the final income in the country, these include the following categories taken from the U.S.
- "National Income and Expenditure Accounts": wages, salaries, and supplementary labor income; corporate profits interest and miscellaneous investment income; farmers' income; and income from non-farm unincorporated businesses.
- In an economy, households receive wages that they then use to purchase final goods and services.
- The income approach, alternatively, would focus on the income made by households as one of its components to derive GDP.
-
- The lower class consists of those at the bottom of the socioeconomic hierarchy who have low education, low income, and low status jobs.
- Their occupations are largely unskilled and consist of repetitive tasks, and they achieve only a meager income.
- The poverty line is defined as the income level at which an individual becomes eligible for public assistance.
- While only about 12% of households fall below the poverty threshold at one point in time, the total percentage of households that will, at some point during the course of a single year, fall below the poverty line, is much higher.
- Many such households waver above and below the line throughout a single year.