What’s your family income?

[surveyor]

hh

household income $200k, both college educated, two kids.

[surveyor]

hh

household income $200k, both college educated, two kids.

[taz]

USNA grad here – Go Navy! Single, no kids (just 3 fat cats) – 115K.

[taz]

USNA grad here – Go Navy! Single, no kids (just 3 fat cats) – 115K.

[(former)FormerSanDiegan]

That family and household thing has me perplexed as well. It’s a 17% difference, and Family income is higher than household. Here are the Census Bureau’s definition of family and household.

Family
A group of two or more people who reside together and who are related by birth, marriage, or adoption.

Household
A household includes all the people who occupy a housing unit as their usual place of residence.

If household income were higher than family income I would get it. BUT, family income is somehow higher than household income.

So, riddle me this : How can a group of related people reside together, but not occupy the same housing unit ?

Source :
http://factfinder.census.gov/home/saff/main.html?_lang=en

[(former)FormerSanDiegan]

That family and household thing has me perplexed as well. It’s a 17% difference, and Family income is higher than household. Here are the Census Bureau’s definition of family and household.

Family
A group of two or more people who reside together and who are related by birth, marriage, or adoption.

Household
A household includes all the people who occupy a housing unit as their usual place of residence.

If household income were higher than family income I would get it. BUT, family income is somehow higher than household income.

So, riddle me this : How can a group of related people reside together, but not occupy the same housing unit ?

Source :
http://factfinder.census.gov/home/saff/main.html?_lang=en

[PD]

College students live together and don’t earn much.

[PD]

College students live together and don’t earn much.

[avidsaver]

Divorced mother, 1 kid, $97K

USC Grad, non-caucasian

[avidsaver]

Divorced mother, 1 kid, $97K

USC Grad, non-caucasian

[(former)FormerSanDiegan]

Thanks PD. I guess that also applies to post-college roomies as well. Now I get it, duh!

[(former)FormerSanDiegan]

Thanks PD. I guess that also applies to post-college roomies as well. Now I get it, duh!

[drunkle]

what is the point of a household statistic when the members of the house are not financially committed to each other?

family income, ok, you use that measure how well families are doing as well as calculate how much money you can take from them.

individual income, same, although the differences in per capita, median-male, median-female, etc are twisted.

but the household number… seems a distraction from the appalling poverty rate and per capita numbers.

which reminds me, how many homes are there per person?

[drunkle]

what is the point of a household statistic when the members of the house are not financially committed to each other?

family income, ok, you use that measure how well families are doing as well as calculate how much money you can take from them.

individual income, same, although the differences in per capita, median-male, median-female, etc are twisted.

but the household number… seems a distraction from the appalling poverty rate and per capita numbers.

which reminds me, how many homes are there per person?

[Anonymous]

2 kids, 1 wife, 50K, living on ramen in CV 🙂

[Author]

Posts