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Data Dictionary: ACS 2007 (3-Year Estimates)
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Data Source:U.S. Census Bureau
Table: B19061. Aggregate Earnings in the Past 12 Months (In 2007 Inflation-Adjusted Dollars) For Households [1]
Universe: Universe: Households
Table Details
B19061. Aggregate Earnings in the Past 12 Months (In 2007 Inflation-Adjusted Dollars) For Households
Universe: Universe: Households
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
 
Aggregate Earnings
Aggregate earnings are the sum of wage/salary and net self-employment income for a particular universe of people 16 years old and over. Aggregate earnings are rounded to the nearest hundred dollars. (For more information, see "Aggregate" under "Derived Measures.")
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
 
Adjusting Income for Inflation
Income components were reported for the 12 months preceding the interview month. Monthly Consumer Price Indices (CPI) factors were used to inflation-adjust these components to a reference calendar year (January through December). For example, a household interviewed in March 2007 reports their income for March 2007 through February 2007. Their income is adjusted to the 2007 reference calendar year by multiplying their reported income by 2007 average annual CPI (January-December 2007) and then dividing by the average CPI for March 2006-February2007.
In order to inflate income amounts from previous years, the dollar values on individual records are inflated to the latest years dollar values by multiplying by a factor equal to the average annual CPI-U-RS factor for the current year, divided by the average annual CPI-U-RS factor for the earlier/earliest year.
Excerpt from: Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
 
Household
A household includes all the people who occupy a housing unit. (People not living in households are classified as living in group quarters.) A housing unit is a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied (or if vacant, is intended for occupancy) as separate living quarters. Separate living quarters are those in which the occupants live separately from any other people in the building and which have direct access from the outside of the building or through a common hall. The occupants may be a single family, one person living alone, two or more families living together, or any other group of related or unrelated people who share living arrangements.
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