Median household income in the past 12 months - B19049001 - Median Household Income in the Past 12 Months (In 2007 Inflation-Adjusted Dollars) By Age of Householder - American Community Survey Tables: 2005 -- 2007 (3-Year Estimates) (ACS07_3yr) - Survey ACS 2007 (3-Year Estimates)

Data Dictionary:

ACS 2007 (3-Year Estimates)

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Survey: ACS 2007 (3-Year Estimates)

Data Source:

U.S. Census Bureau

Data set: American Community Survey Tables: 2005 -- 2007 (3-Year Estimates) (ACS07_3yr)

Table:

B19049. Median Household Income in the Past 12 Months (In 2007 Inflation-Adjusted Dollars) By Age of Householder [5]

Universe: Universe: Households

Variable Details

B19049.	Median Household Income in the Past 12 Months (In 2007 Inflation-Adjusted Dollars) By Age of Householder
	Universe: Universe: Households
	B19049001Median household income in the past 12 months Percent base: None - percentages not computed Aggregation method: Median, using bracket table: B19001, interpolation method: Linear

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
	ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Median Income

Median Income

The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Derived Measures.") Median income is rounded to the nearest whole dollar. Median income figures are calculated using linear interpolation if the width of the interval containing the estimate is $2,500 or less. If the width of the interval containing the estimate is greater than $2,500, Pareto interpolation is used. (For more information on medians and interpolation, see "Derived Measures.")

Excerpt from:	Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
	ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Income of Households

Income of Households

This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is usually less than average family income. Although the household income statistics cover the past 12 months, the characteristics of individuals and the composition of households refer to the time of interview. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. However, the composition of most households was the same during the past 12 months as at the time of interview.

Excerpt from:	Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
	ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Income in the Past 12 Months -> Adjusting Income for Inflation

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.
	ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Age

Age

The data on age were derived from answers to Question 2. The age classification is based on the age of the person in complete years at the time of interview. Both age and date of birth are used in combination to calculate the most accurate age at the time of the interview. Inconsistently reported and missing values are assigned or imputed based on the values of other variables for that person, from other people in the household, or from people in other households ("hot deck" imputation). Data on age are used to determine the applicability of other questions for a particular individual and to classify other characteristics in tabulations. Age data are needed to interpret most social and economic characteristics used to plan and analyze programs and policies. Therefore, age data are tabulated by many different age groupings, such as 5-year age groups.

Median Age

The median age is the age that divides the population into two equal-size groups. Half of the population is older than the median age and half is younger. Median age is based on a standard distribution of the population by single years of age and is shown to the nearest tenth of a year. (See the sections on "Standard Distributions" and "Medians" under "Derived Measures.")

Age Dependency Ratio

The age dependency ratio is derived by dividing the combined under-18 and 65-and-over populations by the 18-to-64 population and multiplying by 100.

Old-Age Dependency Ratio

The old-age dependency ratio is derived by dividing the population 65 years and over by the 18-to-64 population and multiplying by 100.

Child Dependency Ratio

The child dependency ratio is derived by dividing the population under 18 years by the 18-to-64 population, and multiplying by 100.

Limitation of the Data

Caution should be taken when comparing population in age groups across time. The entire population continually ages into older age groups over time and babies fill in the youngest age group. Therefore, the population of a certain age is made up of a completely different group of people in 2000 and 2007. Since populations occasionally experience booms/increases and busts/decreases in births, deaths, or migration (for example, the postwar Baby Boom from 1946-1964), one should not necessarily expect that the population in an age group in Census 2000 should be similar in size or proportion to the population in the same age group in the 2007 ACS. For example, Baby Boomers were age 36 to 54 in Census 2000 while they were age 44 to 62 in the 2007 ACS. Therefore, the age group 55 to 59 would show a considerable increase in population when comparing Census 2000 data with the 2007 ACS data.
Beginning in 2006, the population in group quarters (GQ) is included in the ACS. Some types of GQ populations have age distributions that are very different from the household population. The inclusion of the GQ population could therefore have a noticeable impact on the age distribution. This is particularly true for areas with a substantial GQ population.

Question/Concept History

The 1996-2002 American Community Survey question asked for month, day, and year of birth before age. Since 2003, the American Community Survey question asked for age, followed by month, day, and year of birth. In 2007, an additional instruction was provided with the age and date of birth question on the American Community Survey questionnaire to report babies as age 0 when the child was less than 1 year old. The addition of this instruction occurred after 2005 National Census Test results indicated increased accuracy of age reporting for babies less than one year old.

Excerpt from:	Social Explorer; U.S. Census Bureau; 2005-2007 American Community Survey 3-Year Summary File: Technical Documentation.
	ACS 2007-3yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Population Variables -> Relationship to Householder -> Householder

Householder

The data on relationship to householder were derived from answers to Question 3, which was asked of all people in housing units. One person in each household is designated as the householder. In most cases, this is the person, or one of the people, in whose name the home is owned, being bought, or rented and who is listed on line one of the survey questionnaire. If there is no such person in the household, any adult household member 15 years old and over could be designated as the householder. Households are classified by type according to the sex of the householder and the presence of relatives. Two types of householders are distinguished: a family householder and a non-family householder. A family householder is a householder living with one or more individuals related to him or her by birth, marriage, or adoption. The householder and all people in the household related to him or her are family members. A non-family householder is a householder living alone or with non-relatives only.