Average Household Income (In 2016 Inflation Adjusted Dollars) - A14008_001 - Average Household Income (In 2016 Inflation Adjusted Dollars) - Social Explorer Tables: ACS 2016 (1-Year Estimates) (SE) - Survey ACS 2016 (1-Year Estimates)

Data Dictionary:

ACS 2016 (1-Year Estimates)

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Survey: ACS 2016 (1-Year Estimates)

Data Source:

Social Explorer; U.S. Census Bureau

Data set: Social Explorer Tables: ACS 2016 (1-Year Estimates) (SE)

Table:

A14008. Average Household Income (In 2016 Inflation Adjusted Dollars) [1]

Universe: Households

Variable Details

A14008.

Average Household Income (In 2016 Inflation Adjusted Dollars)

Universe: Households

A14008_001Average Household Income (In 2016 Inflation Adjusted Dollars)

Percent base:

None - percentages not computed

Aggregation method:

Division of Sums: variables: Sum(A14018_001) / Sum(A10008_001)

Formula used to compute this variable:

if( ACS16:B19001001 == 0) Return_Value.IsNull = true; else Return_Value = ACS16:B19025001 / ACS16:B19001001; if (ACS16:B19001001.IsNull) Return_Value.IsNull = true; if (ACS16:B19025001.IsNull || ACS16:B19001001.IsNull) Return_Value.IsNull = true;

Variables used in the formula:
ACS16:B19001001	Households
ACS16:B19025001	Households: Aggregate Household Income in the Past 12 Months (in 2016 Inflation-Adjusted Dollars)

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation.
	2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation -> Appendix A: Supplemental Documentation -> 2014 Subject Definitions -> Derived Measures -> Mean

Mean

This measure represents an arithmetic average of a set of values. It is derived by dividing the sum (or aggregate) of a group of numerical questions by the total number of questions in that group. For example, mean household earnings is obtained by dividing the aggregate of all earnings reported by individuals with earnings living in households by the total number of households with earnings. (Additional information on means and aggregates is included in the separate explanations of many population and housing variables.)

Aggregate

An aggregate is the sum of the values for each of the elements in the universe. For example, aggregate household income is the sum of the incomes of all households in a given geographic area. Means are derived by dividing the aggregate by the appropriate universe. When an aggregate used as a numerator is rounded in the detailed (base) tables, the rounded value is used for the calculation of the mean.

Rounding for selected aggregates

To protect the confidentiality of responses, the aggregates shown in matrices for the list of subjects below are rounded. This means that the aggregates for these subjects, except for travel time to work, are rounded to the nearest hundred dollars. Unless special rounding rules apply (see below); $150 rounds up to $200; $149 rounds down to $100; $100 stays $100 unless otherwise noted. Note that each cell in a matrix is rounded individually. This means that an aggregate value shown for the United States may not necessarily be the sum total of the aggregate values in the matrices for the states. This also means that the cells in the aggregate matrices may not add to the total and/or subtotal lines.

Special rounding rules for aggregates.

-If the dollar value is -$99 through +$99, then the dollar value is rounded to $0.

-If the dollar value is less than -$100, then the dollar value is rounded to the nearest -$100.

-If the dollar value is $100 or -$100, do not change the value.

Aggregates Subject to Rounding:

Contract Rent, Rent Asked

Earnings in the Past 12 Months (Households)

Earnings in the Past 12 Months (Individuals)

Gross Rent*

Income Deficit in the Past 12 Months (Families)

Income Deficit in the Past 12 Months Per Family Member

Income Deficit in the Past 12 Months Per Unrelated Individual

Income in the Past 12 Months (Household/Family/Nonfamily Household)

Income in the Past 12 Months (Individuals)

Mobile Home Costs

Real Estate Taxes (Per $1,000 Value)

Rent Asked

Selected Monthly Owner Costs* by Mortgage Status Total Mortgage Payment Travel Time to Work**

Type of Income in the Past 12 Months (Households) Value, Price Asked

[*Note: Gross Rent and Selected Monthly Owner Costs include other aggregates that also are subject to rounding. For example, Gross Rent includes aggregates of payments for "contract rent" and the "costs of utilities and fuels." Selected Monthly Owner Costs includes aggregates of payments for "mortgages, deeds of trust, contracts to purchase, or similar debts on the property (including payments for the first mortgage, second mortgage, home equity loans, and other junior mortgages); real estate taxes; fire, hazard, and flood insurance on the property, and the costs of utilities and fuels."]

[**Note: Aggregate Travel Time to Work is zero if the aggregate is zero, is rounded to 4 minutes if the aggregate is 1 to 7 minutes, and is rounded to the nearest multiple of 5 minutes for all other values (if the aggregate is not already evenly divisible by 5).]

Excerpt from:	Social Explorer; U.S. Census Bureau; 2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation.
	2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation -> Appendix A: Supplemental Documentation -> 2014 Subject Definitions -> Population Variables -> Income Type 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.