| Data Dictionary: | ACS 2008 (3-Year Estimates) |
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Survey: ACS 2008 (3-Year Estimates)
| Data Source: | U.S. Census Bureau |
| Table: | B19125. Median Family Income in the Past 12 Months (In 2008 Inflation-Adjusted Dollars) by Presence of Own Children Under 18 Years [3] |
Universe: Universe: Families
Table Details
| B19125. | Median Family Income in the Past 12 Months (In 2008 Inflation-Adjusted Dollars) by Presence of Own Children Under 18 Years | ||||||||
| Universe: Universe: Families | |||||||||
|
Relevant Documentation:
| Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation. |
| ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Derived Measures -> Median |
This measure represents the middle value (if n is odd) or the average of the two middle values (if n is even) in an ordered list of n data values. The median divides the total frequency distribution into two equal parts: one-half of the cases falling below the median and one-half above the median. Each median is calculated using a standard distribution (see below). (For more information, see "Interpolation.")
For data products displayed in American FactFinder, medians that fall in the upper-most category of an open-ended distribution will be shown with a plus symbol (+) appended (e.g., "$2,000+" for contract rent), and medians that fall in the lowest category of an open-ended distribution will be shown with a minus symbol (-) appended (e.g., "$100- for contract rent"). For other data products and data files that are downloaded by users (i.e., FTP files), plus and minus signs will not be appended. Contract Rent, for example will be shown as $2001 if the median falls in the upper-most category ($2,000 or more) and $99 if the median falls in the lowest category (Less than $100). (The "Standard Distributions" section below shows the open-ended intervals for medians.)
For data products displayed in American FactFinder, medians that fall in the upper-most category of an open-ended distribution will be shown with a plus symbol (+) appended (e.g., "$2,000+" for contract rent), and medians that fall in the lowest category of an open-ended distribution will be shown with a minus symbol (-) appended (e.g., "$100- for contract rent"). For other data products and data files that are downloaded by users (i.e., FTP files), plus and minus signs will not be appended. Contract Rent, for example will be shown as $2001 if the median falls in the upper-most category ($2,000 or more) and $99 if the median falls in the lowest category (Less than $100). (The "Standard Distributions" section below shows the open-ended intervals for medians.)
In order to provide consistency in the values within and among data products, standard distributions from which medians and quartiles are calculated are used for the American Community Survey. The American Community Survey standard distributions are listed below.
Standard Distribution for Median Age:
[116 data cells]
Under 1 year
1 year
2 years
3 years
4 years
5 years
.
.
.
112 years
113 years
114 years
115 years and over
Standard Distribution for Median Age at First Marriage
[9 cells]
5 to 9 years
10 to 14 years
15 to 19 years
20 to 24 years
25 to 29 years
30 to 34 years
35 to 39 years
40 to 44 years
45 to 49 years
Standard Distribution for Median Agricultural Crop Sales:
[5 data cells]
Less than $1,000
$1,000 to $2,499
$2,500 to $4,999
$5,000 to $9,999
$10,000 or more
Standard Distribution for Median Bedrooms:
[9 data cells]
No bedroom
1 bedroom
2 bedrooms
3 bedrooms
4 bedrooms
5 bedrooms
6 bedrooms
7 bedrooms
8 or more bedrooms
Standard Distribution for Median Condominium Fees:
[15 data cells]
Less than $50
$50 to $99
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 or more
Standard Distribution for Median Contract Rent/Quartile Contract Rent/Rent Asked/Gross Rent:
[23 data cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $549
$550 to $599
$600 to $649
$650 to $699
$700 to $749
$750 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 or more
Standard Distribution for Duration of Current Marriage:
[101 data cells]
Under 1 year
1 year
2 years
3 years
4 years
5 years
.
.
.
97 years
98 years
99 years
100 years and over
Standard Distribution for Median Earnings and Median Income (Individuals):
[35 data cells]
$1 to $2,499 or loss
$2,500 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 to $12,499
$12,500 to $14,999
$15,000 to $17,499
$17,500 to $19,999
$20,000 to $22,499
$22,500 to $24,999
$25,000 to $27,499
$27,500 to $29,999
$30,000 to $32,499
$32,500 to $34,999
$35,000 to $37,499
$37,500 to $39,999
$40,000 to $42,499
$42,500 to $44,999
$45,000 to $47,499
$47,500 to $49,999
$50,000 to $52,499
$52,500 to $54,999
$55,000 to $57,499
$57,500 to $59,999
$60,000 to $62,499
$62,500 to $64,999
$65,000 to $67,499
$67,500 to $69,999
$70,000 to $72,499
$72,500 to $74,999
$75,000 to $79,999
$80,000 to $84,999
$85,000 to $89,999
$90,000 to $99,999
$100,000 or more
Standard Distribution for Median Fire, Hazard, and Flood Insurance:
[19 data cells]
$0
$1 to $49
$50 to $99
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,499
$1,500 to $1,999
$2,000 or more
Standard Distribution for Median Gross Rent as a Percentage of Household Income:
[13 data cells]
Less than 10.0 percent
10.0 to 14.9 percent
15.0 to 19.9 percent
20.0 to 24.9 percent
25.0 to 29.9 percent
30.0 to 34.9 percent
35.0 to 39.9 percent
40.0 to 49.9 percent
50.0 to 59.9 percent
60.0 to 69.9 percent
70.0 to 79.9 percent
80.0 to 89.9 percent
90.0 percent or more
Standard Distribution for Median Income in the Past 12 Months (Household/Family/Nonfamily Household):
[39 data cells]
Less than $2,500
$2,500 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 to $12,499
$12,500 to $14,999
$15,000 to $17,499
$17,500 to $19,999
$20,000 to $22,499
$22,500 to $24,999
$25,000 to $27,499
$27,500 to $29,999
$30,000 to $32,499
$32,500 to $34,999
$35,000 to $37,499
$37,500 to $39,999
$40,000 to $42,499
$42,500 to $44,999
$45,000 to $47,499
$47,500 to $49,999
$50,000 to $52,499
$52,500 to $54,999
$55,000 to $57,499
$57,500 to $59,999
$60,000 to $62,499
$62,500 to $64,999
$65,000 to $67,499
$67,500 to $69,999
$70,000 to $72,499
$72,500 to $74,999
$75,000 to $79,999
$80,000 to $84,999
$85,000 to $89,999
$90,000 to $99,999
$100,000 to $124,999
$125,000 to $149,999
$150,000 to $174,999
$175,000 to $199,999
$200,000 or more
Standard Distribution for Median Monthly Housing Costs
[30 cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $549
$550 to $599
$600 to $649
$650 to $699
$700 to $749
$750 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 to $5,499
$5,500 to $5,999
$6,000 or more
Standard Distribution for Median Real Estate Taxes Paid:
[14 data cells]
Less than $200
$200 to $299
$300 to $399
$400 to $599
$600 to $799
$800 to $999
$1,000 to $1,499
$1,500 to $1,999
$2,000 to $2,999
$3,000 to $3,999
$4,000 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 or more
Standard Distribution for Median Rooms:
[14 data cells]
1 room
2 rooms
3 rooms
4 rooms
5 rooms
6 rooms
7 rooms
8 rooms
9 rooms
10 rooms
11 rooms
12 rooms
13 rooms
14 or more rooms
Standard Distribution for Median Selected Monthly Owner Costs/Median Selected Monthly Owner Costs by Mortgage Status (With a Mortgage):
[23 data cells]
Less than $100
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 to $5,499
$5,500 to $5,999
$6,000 or more
Standard Distribution for Median Selected Monthly Owner Costs by Mortgage Status (Without a Mortgage):
[17 data cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,999
$2,000 or more
Standard Distribution for Median Selected Monthly Owner Costs as a Percentage of Household Income by Mortgage Status:
[13 data cells]
Less than 10.0 percent
10.0 to 14.9 percent
15.0 to 19.9 percent
20.0 to 24.9 percent
25.0 to 29.9 percent
30.0 to 34.9 percent
35.0 to 39.9 percent
40.0 to 49.9 percent
50.0 to 59.9 percent
60.0 to 69.9 percent
70.0 to 79.9 percent
80.0 to 89.9 percent
90.0 percent or more
Standard Distribution for Median Total Mortgage Payment:
[21 data cells]
Less than $100
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 or more
Standard Distribution for Median Usual Hours Worked Per Week Worked in the Past 12 Months:
[9 data cells]
Usually worked 50 to 99 hours per week
Usually worked 45 to 49 hours per week
Usually worked 41 to 44 hours per week
Usually worked 40 hours per week
Usually worked 35 to 39 hours per week
Usually worked 30 to 34 hours per week
Usually worked 25 to 29 hours per week
Usually worked 15 to 24 hours per week
Usually worked 1 to 14 hours per week
Standard Distribution for Median Value/Quartile Value/Price Asked:
[24 data cells]
Less than $10,000
$10,000 to $14,999
$15,000 to $19,999
$20,000 to $24,999
$25,000 to $29,999
$30,000 to $34,999
$35,000 to $39,999
$40,000 to $49,999
$50,000 to $59,999
$60,000 to $69,999
$70,000 to $79,999
$80,000 to $89,999
$90,000 to $99,999
$100,000 to $124,999
$125,000 to $149,999
$150,000 to $174,999
$175,000 to $199,999
$200,000 to $249,999
$250,000 to $299,999
$300,000 to $399,999
$400,000 to $499,999
$500,000 to $749,999
$750,000 to $999,999
$1,000,000 or more
Standard Distribution for Median Vehicles Available:
[6 data cells]
No vehicle available
1 vehicle available
2 vehicles available
3 vehicles available
4 vehicles available
5 or more vehicles available
Standard Distribution for Median Year Householder Moved Into Unit:
[13 data cells]
Moved in 2008
Moved in 2007
Moved in 2006
Moved in 2005
Moved in 2004
Moved in 2003
Moved in 2002
Moved in 2001
Moved in 2000
Moved in 1990 to 1999
Moved in 1980 to 1989
Moved in 1970 to 1979
Moved in 1969 or earlier
Standard Distribution for Median Year Structure Built:
[16 data cells]
Built in 2008
Built in 2007
Built in 2006
Built in 2005
Built in 2004
Built in 2003
Built in 2002
Built in 2001
Built in 2000
Built 1990 to 1999
Built 1980 to 1989
Built 1970 to 1979
Built 1960 to 1969
Built 1950 to 1959
Built 1940 to 1949
Built 1939 or earlier
Standard Distribution for Median Age:
[116 data cells]
Under 1 year
1 year
2 years
3 years
4 years
5 years
.
.
.
112 years
113 years
114 years
115 years and over
Standard Distribution for Median Age at First Marriage
[9 cells]
5 to 9 years
10 to 14 years
15 to 19 years
20 to 24 years
25 to 29 years
30 to 34 years
35 to 39 years
40 to 44 years
45 to 49 years
Standard Distribution for Median Agricultural Crop Sales:
[5 data cells]
Less than $1,000
$1,000 to $2,499
$2,500 to $4,999
$5,000 to $9,999
$10,000 or more
Standard Distribution for Median Bedrooms:
[9 data cells]
No bedroom
1 bedroom
2 bedrooms
3 bedrooms
4 bedrooms
5 bedrooms
6 bedrooms
7 bedrooms
8 or more bedrooms
Standard Distribution for Median Condominium Fees:
[15 data cells]
Less than $50
$50 to $99
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 or more
Standard Distribution for Median Contract Rent/Quartile Contract Rent/Rent Asked/Gross Rent:
[23 data cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $549
$550 to $599
$600 to $649
$650 to $699
$700 to $749
$750 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 or more
Standard Distribution for Duration of Current Marriage:
[101 data cells]
Under 1 year
1 year
2 years
3 years
4 years
5 years
.
.
.
97 years
98 years
99 years
100 years and over
Standard Distribution for Median Earnings and Median Income (Individuals):
[35 data cells]
$1 to $2,499 or loss
$2,500 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 to $12,499
$12,500 to $14,999
$15,000 to $17,499
$17,500 to $19,999
$20,000 to $22,499
$22,500 to $24,999
$25,000 to $27,499
$27,500 to $29,999
$30,000 to $32,499
$32,500 to $34,999
$35,000 to $37,499
$37,500 to $39,999
$40,000 to $42,499
$42,500 to $44,999
$45,000 to $47,499
$47,500 to $49,999
$50,000 to $52,499
$52,500 to $54,999
$55,000 to $57,499
$57,500 to $59,999
$60,000 to $62,499
$62,500 to $64,999
$65,000 to $67,499
$67,500 to $69,999
$70,000 to $72,499
$72,500 to $74,999
$75,000 to $79,999
$80,000 to $84,999
$85,000 to $89,999
$90,000 to $99,999
$100,000 or more
Standard Distribution for Median Fire, Hazard, and Flood Insurance:
[19 data cells]
$0
$1 to $49
$50 to $99
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,499
$1,500 to $1,999
$2,000 or more
Standard Distribution for Median Gross Rent as a Percentage of Household Income:
[13 data cells]
Less than 10.0 percent
10.0 to 14.9 percent
15.0 to 19.9 percent
20.0 to 24.9 percent
25.0 to 29.9 percent
30.0 to 34.9 percent
35.0 to 39.9 percent
40.0 to 49.9 percent
50.0 to 59.9 percent
60.0 to 69.9 percent
70.0 to 79.9 percent
80.0 to 89.9 percent
90.0 percent or more
Standard Distribution for Median Income in the Past 12 Months (Household/Family/Nonfamily Household):
[39 data cells]
Less than $2,500
$2,500 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 to $12,499
$12,500 to $14,999
$15,000 to $17,499
$17,500 to $19,999
$20,000 to $22,499
$22,500 to $24,999
$25,000 to $27,499
$27,500 to $29,999
$30,000 to $32,499
$32,500 to $34,999
$35,000 to $37,499
$37,500 to $39,999
$40,000 to $42,499
$42,500 to $44,999
$45,000 to $47,499
$47,500 to $49,999
$50,000 to $52,499
$52,500 to $54,999
$55,000 to $57,499
$57,500 to $59,999
$60,000 to $62,499
$62,500 to $64,999
$65,000 to $67,499
$67,500 to $69,999
$70,000 to $72,499
$72,500 to $74,999
$75,000 to $79,999
$80,000 to $84,999
$85,000 to $89,999
$90,000 to $99,999
$100,000 to $124,999
$125,000 to $149,999
$150,000 to $174,999
$175,000 to $199,999
$200,000 or more
Standard Distribution for Median Monthly Housing Costs
[30 cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $449
$450 to $499
$500 to $549
$550 to $599
$600 to $649
$650 to $699
$700 to $749
$750 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 to $5,499
$5,500 to $5,999
$6,000 or more
Standard Distribution for Median Real Estate Taxes Paid:
[14 data cells]
Less than $200
$200 to $299
$300 to $399
$400 to $599
$600 to $799
$800 to $999
$1,000 to $1,499
$1,500 to $1,999
$2,000 to $2,999
$3,000 to $3,999
$4,000 to $4,999
$5,000 to $7,499
$7,500 to $9,999
$10,000 or more
Standard Distribution for Median Rooms:
[14 data cells]
1 room
2 rooms
3 rooms
4 rooms
5 rooms
6 rooms
7 rooms
8 rooms
9 rooms
10 rooms
11 rooms
12 rooms
13 rooms
14 or more rooms
Standard Distribution for Median Selected Monthly Owner Costs/Median Selected Monthly Owner Costs by Mortgage Status (With a Mortgage):
[23 data cells]
Less than $100
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 to $5,499
$5,500 to $5,999
$6,000 or more
Standard Distribution for Median Selected Monthly Owner Costs by Mortgage Status (Without a Mortgage):
[17 data cells]
Less than $100
$100 to $149
$150 to $199
$200 to $249
$250 to $299
$300 to $349
$350 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,999
$2,000 or more
Standard Distribution for Median Selected Monthly Owner Costs as a Percentage of Household Income by Mortgage Status:
[13 data cells]
Less than 10.0 percent
10.0 to 14.9 percent
15.0 to 19.9 percent
20.0 to 24.9 percent
25.0 to 29.9 percent
30.0 to 34.9 percent
35.0 to 39.9 percent
40.0 to 49.9 percent
50.0 to 59.9 percent
60.0 to 69.9 percent
70.0 to 79.9 percent
80.0 to 89.9 percent
90.0 percent or more
Standard Distribution for Median Total Mortgage Payment:
[21 data cells]
Less than $100
$100 to $199
$200 to $299
$300 to $399
$400 to $499
$500 to $599
$600 to $699
$700 to $799
$800 to $899
$900 to $999
$1,000 to $1,249
$1,250 to $1,499
$1,500 to $1,749
$1,750 to $1,999
$2,000 to $2,499
$2,500 to $2,999
$3,000 to $3,499
$3,500 to $3,999
$4,000 to $4,499
$4,500 to $4,999
$5,000 or more
Standard Distribution for Median Usual Hours Worked Per Week Worked in the Past 12 Months:
[9 data cells]
Usually worked 50 to 99 hours per week
Usually worked 45 to 49 hours per week
Usually worked 41 to 44 hours per week
Usually worked 40 hours per week
Usually worked 35 to 39 hours per week
Usually worked 30 to 34 hours per week
Usually worked 25 to 29 hours per week
Usually worked 15 to 24 hours per week
Usually worked 1 to 14 hours per week
Standard Distribution for Median Value/Quartile Value/Price Asked:
[24 data cells]
Less than $10,000
$10,000 to $14,999
$15,000 to $19,999
$20,000 to $24,999
$25,000 to $29,999
$30,000 to $34,999
$35,000 to $39,999
$40,000 to $49,999
$50,000 to $59,999
$60,000 to $69,999
$70,000 to $79,999
$80,000 to $89,999
$90,000 to $99,999
$100,000 to $124,999
$125,000 to $149,999
$150,000 to $174,999
$175,000 to $199,999
$200,000 to $249,999
$250,000 to $299,999
$300,000 to $399,999
$400,000 to $499,999
$500,000 to $749,999
$750,000 to $999,999
$1,000,000 or more
Standard Distribution for Median Vehicles Available:
[6 data cells]
No vehicle available
1 vehicle available
2 vehicles available
3 vehicles available
4 vehicles available
5 or more vehicles available
Standard Distribution for Median Year Householder Moved Into Unit:
[13 data cells]
Moved in 2008
Moved in 2007
Moved in 2006
Moved in 2005
Moved in 2004
Moved in 2003
Moved in 2002
Moved in 2001
Moved in 2000
Moved in 1990 to 1999
Moved in 1980 to 1989
Moved in 1970 to 1979
Moved in 1969 or earlier
Standard Distribution for Median Year Structure Built:
[16 data cells]
Built in 2008
Built in 2007
Built in 2006
Built in 2005
Built in 2004
Built in 2003
Built in 2002
Built in 2001
Built in 2000
Built 1990 to 1999
Built 1980 to 1989
Built 1970 to 1979
Built 1960 to 1969
Built 1950 to 1959
Built 1940 to 1949
Built 1939 or earlier
| Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation. |
| ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Income of Families |
In compiling statistics on family income, the incomes of all members 15 years old and over related to the householder are summed and treated as a single amount. Although the family income statistics cover the past 12 months, the characteristics of individuals and the composition of families refer to the time of interview. Thus, the income of the family does not include amounts received by individuals who were members of the family during all or part of the past 12 months if these individuals no longer resided with the family at the time of interview. Similarly, income amounts reported by individuals who did not reside with the family during the past 12 months but who were members of the family at the time of interview are included. However, the composition of most families was the same during the past 12 months as at the time of interview.
| Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation. |
| ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Population Variables -> Income in the Past 12 Months -> 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 2008 reports their income for March 2007 through February 2008. Their income is adjusted to the 2008 reference calendar year by multiplying their reported income by 2008 average annual CPI (January-December 2008) and then dividing by the average CPI for March 2007-February 2008.
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.
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.
