|
|
Income, Earnings, and Poverty From the 2005 American Community Survey, series ACS-01 and 2005 American Community Survey using American FactFinder; (accessed 9 January 2007).
|
|
Dimension
Description |
Income
"Total income" is the sum of the amounts reported separately for wages, salary,
commissions, bonuses, or tips; self-employment income from own nonfarm or
farm businesses, including proprietorships and partnerships; interest, dividends,
net rental income, royalty income, or income from estates and trusts; Social
Security or Railroad Retirement income; Supplemental Security Income (SSI);
any public assistance or welfare payments from the state or local welfare
office; retirement, survivor, or disability pensions; and any other sources
of income received regularly such as Veterans'' (VA) payments, unemployment
compensation, child support, or alimony.
Median income
The median income divides the income distribution into two equal groups, one
having incomes above the median, and other having incomes below the median.
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.
Poverty
Following the Office of Management and Budget''s (OMB''s) Directive 14, the
Census Bureau uses a set of money income thresholds that vary by family size
and composition to detect who is poor. If the total income for a family or
unrelated individual falls below the relevant poverty threshold, then the
family or unrelated individual is classified as being "below the poverty level."
|
