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Data Dictionary: ACS 2014 (1-Year Estimates)
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Data Source:Social Explorer; U.S. Census Bureau
Table: A14011. Average Family Income (In 2014 Inflation Adjusted Dollars) [1]
Universe: Families
Table Details
A14011. Average Family Income (In 2014 Inflation Adjusted Dollars)
Universe: Families
Relevant Documentation:
Mean Earnings
Mean earnings is calculated by dividing aggregate earnings by the population 16 years old and over with earnings. (The aggregate used to calculate mean earnings is rounded. For more information, see "Aggregate earnings.") Mean earnings is rounded to the nearest whole dollar. (For more information on means, see "Derived Measures.")

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.

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