Hispanic or Latino Householder - A14009_009 - Average Household Income by Race (In 2016 Inflation Adjusted Dollars) - Social Explorer Tables: ACS 2016 (5-Year Estimates) (SE) - Survey ACS 2016 (5-Year Estimates)

#ReturnType oretval = new #ReturnType(); if( ACS16_5yr:B19001I001 == 0 ) oretval.IsNull = true; else oretval = ACS16_5yr:B19025I001 / ACS16_5yr:B19001I001; return oretval;

Variables used in the formula:
ACS16_5yr:B19001I001	Households with a Householder Who Is Hispanic or Latino
ACS16_5yr:B19025I001	Households with a Householder Who Is Hispanic or Latino: 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 -> Population Variables -> Income Type in the Past 12 Months -> Mean Income

Mean Income

Mean income is the amount obtained by dividing the aggregate income of a particular statistical universe by the number of units in that universe. For example, mean household income is obtained by dividing total household income by the total number of households. (The aggregate used to calculate mean income is rounded. For more information, see "Aggregate income.")

For the various types of income, the means are based on households having those types of income. For household income and family income, the mean is based on the distribution of the total number of households and families including those with no income. The mean income for individuals is based on individuals 15 years old and over with income. Mean income is rounded to the nearest whole dollar.

Care should be exercised in using and interpreting mean income values for small subgroups of the population. Because the mean is influenced strongly by extreme values in the distribution, it is especially susceptible to the effects of sampling variability, misreporting, and processing errors. The median, which is not affected by extreme values, is, therefore, a better measure than the mean when the population base is small. The mean, nevertheless, is shown in some data products for most small subgroups because, when weighted according to the number of cases, the means can be computed for areas and groups other than those shown in Census Bureau tabulations. (For more information on means, see "Derived Measures.")

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.