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Data Dictionary: ACS 2021 (5-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Universe: Population 15 Years and Over
Variable Details
A14023. Aggregate Income (In 2021 Inflation Adjusted Dollars) by Race for Population 15 Years and Over
Universe: Population 15 Years and Over
A14023_001Aggregate Income (In 2021 Inflation Adjusted Dollars) for Population 15 Years and Over:
Percent base:
None - percentages not computed (variable is table universe)
Aggregation method:
Addition
Formula used to compute this variable:
Return_Value = ACS21_5yr:B19313001; if (ACS21_5yr:B19313001.IsNull) Return_Value.IsNull = true
Variables used in the formula:
ACS21_5yr:B19313001
Aggregate Income In The Past 12 Months (In 2021 Inflation-Adjusted Dollars)
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2021 ACS 1-year and 2017-2021 ACS 5-year Data Releases : Technical Documentation.
  2021 ACS 1-year and 2017-2021 ACS 5-year Data Releases: Technical Documentation -> 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.